Aiming for the top

Finance bosses are increasingly targeting the top job at their company, as they prioritise acquiring new non-accounting skills, says a new report.

Some 60% of CFOs said their next move would be to take over from the incumbent CEO. This trend can partly be explained by the changing financial chief role, which has developed to include other responsibilities such as technology and procurement, as well as supply chain and HR.

The Norman Broadbent study found that organisations no longer want CFOs who are principally wellqualified technical accountants.

They want a business professional who can build a team to partner with the business and influence across many dimensions.