Deloitte: Shining a Spotlight on Strategic Internal Audit
Deloitte’s internal audit leader Mike Schor argues that internal audit must shed its "gotcha" image and become a strategic partner to the CFO. He recommends a proactive branding effort that showcases audit capabilities and aligns the function with finance’s broader advisory role. Schor also stresses the need for auditors to upskill in data analytics and secure a seat at AI governance tables. By doing so, internal audit can act as a change agent, anticipating risks and adding real‑time insight across the enterprise.
StanChart CFO Abruptly Exits for Apollo
Standard Chartered announced that group CFO Diego De Giorgi is leaving immediately to join Apollo Global Management as a partner and head of EMEA. Peter Burrill, the bank's group head of central finance, will serve as interim CFO while a permanent replacement is...
Figure’s CFO Supports Treating Stablecoin as Cash
Figure Technology’s CFO Macrina KgIl is urging the Financial Accounting Standards Board to reclassify stablecoins as cash or cash equivalents, rather than intangible assets. The current GAAP treatment creates ambiguity and extra compliance work for firms holding tokens like Tether....
Kyndryl CFO Steps Down Ahead of Accounting Review
Kyndryl announced the immediate resignations of CFO David Wyshner and General Counsel Edward Sebold, appointing Harsh Chugh, Bhavna Doega, and Mark Ringe as interim finance chief, corporate controller, and general counsel respectively. The company delayed its Q3 fiscal 2026 10‑Q...
Compliance Has Become a Systems Problem for CFOs
Compliance has shifted from isolated tasks to a systems‑wide challenge for CFOs, as payroll, tax, benefits and reporting obligations now intersect and cascade across workflows. Fragmented point solutions create data duplication, blind spots, and costly manual reconciliations that delay risk...
Why SAP Americas CFO Embraces a ‘Failure Culture’ Around Tech Experimentation
SAP Americas CFO Sonja Simon is championing a "failure culture" to speed AI and automation adoption within the finance organization. Her 30‑person team, responsible for roughly 40% of SAP's global revenue, integrates AI through regular discussions, volunteer showcases, and a...