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CII announce the 1st Edition of the CFO Excellence Awards
Oct 01, 2021

Chennai, 1 October: Confederation of India Industry, Southern Region launched the first edition of the CII CFO Excellence Awards on Friday at a virtual event. The CFO Excellence Awards is instituted with the objective of identifying and acknowledging CFOs who have demonstrated outstanding capabilities and exemplary achievements in the finance function.  

With the launch of the website, CII invites nominations from CFOs across the country for 18 categories of awards covering diverse sectors and themes. The Steering Committee of the CFO Excellence Awards in collaboration with the technical partner for the awards, Protiviti Member Firm for India, has developed an efficient yet simple assessment methodology to analyse and evaluate the achievements of the CFOs from across small, mid-Size and large firms across India, who, despite the prevailing scenario of the ongoing pandemic, have managed to strike the right balance for their company, by achieving the growth objectives and meeting shareholders expectations, despite cost constraints and other challenges.

The Steering Committee for the awards is chaired by Mr Gopal Mahadevan, Whole-time Director and Chief Financial Officer, Ashok Leyland also include Mr B Ganesh Shenoy, Chief Financial Officer, MTR Foods Pvt Ltd, Mr M P Vijay Kumar, Chief Financial Officer, Sify Technologies, Mr Milind Kulkarni, Chief Financial Officer, Tech Mahindra and Mr Sachin Tayal, Managing Director, Protiviti Member Firm for India. 

An eminent and senior panel of Jury members would be assessing the nominations to adjudge the winners across all categories. 

Speaking at the launch, Mr Gopal Mahadevan said "CII is instituting the CFO Excellence Awards to recognize the contribution made by CFOs who have increasingly become the chief flag bearer of Corporate Transparency, Governance and Financial Leadership. During the pandemic, CFOs have greatly contributed  to their company’s financial health and organizational resilience and have supported their CEOs to ensure that their organization sail through the crisis."

Mr M P Vijay Kumar said "We are in need of strengthening the corporate governance standards across organizations and the CFO Excellence Awards will recognize the contribution made by CFOs upholding excellent corporate governance which builds business resilience."

Mr B Ganesh Shenoy said "In the last 2 years, people excellence has come to the fore. While harnessing this segregated way of working, some CFOs have even reengineered the business model. The CFO Excellence awards will bring to light such achievements."

Mr Sachin Tayal said “The awards initiative is a platform for us to recognize the CFO community, who are working tirelessly and taking the toughest of decisions, keeping in mind the overall growth and business objectives of their company at the forefront. More so, during the last couple of years, when we have all come face to face with the consequences of the pandemic. Their efforts are truly commendable and praiseworthy."

Nominations are invited from CFOs for the awards through the website http://ciicfoawards.com/  The last date for to apply for the awards is 15 November 2021. 

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