23 November 2017
CFO Conferenz 2017
ON THE MENU: During this Conferenz, several experts will explain their vision of “Future-Proof Finance”. In addition, we will serve up the major trends, which you’ll be able to debate on with fellow CFOs.

Exclusive 2-day conferenz for CFO's only.

23 - 24 November 2017

L'air du Temps**

Rue de la Croix Monet 2

5310 Éghezée

 

 

 

As companies are booking nice results thanks to a moderate growth, the end of the low interest rates is also fast approaching. At the same time organisations have made use of opportunities to realise further cost savings by far-reaching automation in part thanks to the deployment of artificial intelligence. It seems however that the financial department finds itself in the midst of it  as they also have to provide answers to sometimes extreme challenges like terrorism or cyber criminality. Many challenges and opportunities which CFO's can discuss during CFO Conferenz.

 

Program

23 November

12u00 - 13u30 Lunch
13u30 - 14u00  Introduction by Jo Cobbaut
14u00 - 15u00 Paul Lembrechts, CEO VRT
15u00 - 16u45 Panel
  Geert Gielens - Belfius
  Philippe Ledent - ING
  Bart van Craeynest - Econopolis
  Rudy Aernoudt - Universities Ghent and Nancy
16u45 - 17u30 Break
17u30 - 18u00 Omar Mohout, Professor Antwerp Management School
18u00 - 19u00 Workshop
19u00 - 20u30 Networking chance with showcooking by Sang-Hoon Degeimbre
20u30 - 23u00 Dinner

 

24 November

08u00 - 09u00  Breakfast
09u00 - 09u30 Nell Watson-Eleanor - QuantaCorp
09u30 - 10u00 Helmut Meysenburg - BMW Group BeLux
10u00 - 11u00 Workshop
11u00 - 12u00 Johan Van Overtveldt, Minister of Finance, in charge of combating tax fraud
12u00 - 14u00 Walking lunch

 

Speakers:

 

Paul Lembrechts - CEO VRT

The new CEO of VRT will be facing some major challenges while guiding his broadcasting corporation through a quickly evolving media landscape. The digital shift is the biggest challenge for any media outlet. For VRT the necessity to deliver relevant news and information to a large audience makes matters even more complicated. Certainly young people choose to be informed by social media, but that immediately raises the question of reliability. The financial context is another factor: as a public service VRT is partly funded by the Flemish Government, but also has commercial activities that already amount to 40% of its budget. The competition with private media networks in the advertisement and sponsoring market is fierce and is a threat. Paul Lembrechts and his team developed a digital strategy to tackle these challenges head on. One of the key elements of the implementation is the level of entrepreneurship in the whole of the workforce. This includes a complete culture change. 

 

 

Omar Mohout - Professor Antwerp Management School

The financial services sector is the biggest investor in innovation, even more so than healthcare. Banks and insurance companies are implementing new technologies that will have a profound impact on financial departments in every organisation. CFO's are also investing in software and automation to drive productivity. Professor Omar Mohout wonders whether the next generation of CFO could be a softwaretool. Already IT-applications are far better in cashflow optimisation than any human.  During his presentation he will give a broad picture of the latest trends in the fintech industry in Europe and Belgium, with a particular focus on blockchains. 

 

 


Minister Johan Van Overtveldt - Belgian Minister of Finance

Fintech: interaction between the financial sector & new technology.

Going from disruption to collaboration. Financial institutions need to collaborate and form alliances with FinTechs allowing FinTech to become Tech for Fin.

 

 

 

Nell Watson-Eleanor - QuantaCorp

We're delegating more of our commercial decisions to machines – new layer of smart economic agents – and this creates a  new ‘machine demographic’ to market to. Aristocrats once enjoyed butlers to care for their personal needs without needing to be asked, as well as managers to take care of their estates. Something similar is coming to every one of us, as machines find clever ways to make us happiest and healthiest we can be, given a certain budget. Enabled by blockchain technologies, economic agents will add a third layer to the web, as machine ethics helps machines to better understand the values that drive human behaviour.

 


Helmut Meysenburg - CFO BMW Group Belux

The classic tasks of a CFO include Finance, IT and  HR etc, but the requirements are changing fast. Think of increasing digitalization, stricter compliance, the need to become an agile organization while also being able to attract a younger workforce. These trends will define a new role for a CFO. 

 

 

 

Panel of macroeconomists - Geert Gielens (Belfius), Philippe Ledent (ING), Bart Van Craeynest (Econopolis) & Rudy Aernoudt (Universities Ghent & Nancy)


Companies can look back at a succesful period with good results and prolonged growth. But a lot of uncertainties bring new risks that could hamper the coming business cycle : 

  •  The European Central Bank is about to end its policy of very low interest rates. 
  •  Is growth without inflation the new paradigma?
  • Productivity in Belgium and the rest of Europe is falling? What can government do to boost it?
  • Exchange rates run amok: dollar, pound, renminbi, Turkish lira...
  • A view on fiscal restructuring in Belgium. Is it as good as the government claims?
  • International tax situation: will multinationals and internet giants pay more taxes in the future? 

 

CFO Conferenz Themes:

 

During the workshops participants can discuss with experts and members of the G12 about a number of topics. The interactive discussion will bring a lively exchange of ideas and experiences about subjects that every CFO encounters on the job everyday. 

 

 

  • Digitisation & RPA: Businesses are no longer only investing in the extensive digitisation of their financial processes — with the arrival of robotic processing automation, a significant number of employees will be relieved of repetitive tasks that do not add any real value. 
  • Trends in funding: The days in which only banks could provide business finance are well behind us. CFOs are now looking toward capital operations, crowdfunding, credit options provided by clients and suppliers etc. 
  • Business partnering: CFOs are taking their spot in the limelight, assuming the role of the CEO’s right-hand man. They set the course of the business together, and the CFO closely monitors the evolution of results. This means financial departments are taking on an entirely different role when working together with other departments. 
  • Analytics: To really implement the policies of a business, simply reporting financial results is no longer enough. A good CFO also processes operational data, as well as market data and the broader context in which the business operates in order to spot underlying trends. 
  • Compliance: Even though the responsibilities of the CFO are changing, accurate reporting toward authorities and shareholders remains essential — but continually changing rules, new legislation and increasingly strict requirements mean this task is not getting any easier. 
  • Risk management: How do CFOs deal with their role as risk managers for their business? Risk in today’s business environment is no longer just financial — ever-growing threats to IT security also require attention. 

 

 

Powered by G12 - Female CFO advisory board 

 

 

Questions?

Leen Anthuenis, Director FDMagazine, will help you.


Kira Dhanijns, Sales FDmagazine, will help you.