PRESIDENT’S CORNER

By Francis Ed. Lim –

With the surge of the Delta variant and the recent confirmation of the Lambda variant in the country, I hope that all of you are  taking the necessary precautions to keep away from this disease. Most importantly, I hope that all of you are already vaccinated by  this time.  

Companies should know how to turn raw data into meaningful actionable insights by leveraging data in this new time and age. Organizations must learn how to properly obtain, analyze, and display data to harness it successfully. Artificial intelligence (AI) is pushing the limits of machine assisted capabilities. This cutting-edge technology enables robots to behave autonomously, resulting in the efficient completion of iterative tasks.

AI helps to create the next-generation workplace, which thrives on seamless communication between enterprise systems and employees. As a result, human resources are not rendered obsolete; rather, rising technology augments their efforts. In reality, AI allows businesses to free up resources to focus on higher-level projects.

Today, we are very fortunate to have experts talk about the result of the IBM survey on the Global and Philippine CEO priorities during the pandemic as it relates to agility, technology, and regulation , and how companies should leverage data AI in finance. On behalf of FINEX, I would like to thank IBM Philippines for sponsoring today’s GMM.

Future Projects  

  • August 24 – ABC’s of Fund Raising through the Green Social Sustainability Bond (GSSB) Workshop in partnership with ADB by  the Capital Market Development Committee  
  • August 25 – Demystifying SD WAN: Reducing Branch Connectivity Cost while Increasing Security, Applications, and Network  Performance by the ICT Committee  
  • August 27 – Art Collecting: Passion Investment for All Time by the Arts and Culture Committee  
  • August 27 – “Why Should I Vote?” Voter Registration Forum by the Good Governance Committee, Media Affairs Committee, and  Junior FINEX Committee  
  • September 3 – 3rd Dialogue with the FINEX Icons “Get B.A.D. (Bold, Agile and Dynamic)” by the LIFE Sub-Committee
  • September 16 – Survival of the Fittest Forum by the Women in Finance Committee  

CFO of the Year  

The deadline for the submission of this year’s nominees is extended. Nominate your CFOs now! The deadline for nomination is on  August 31, 2021. I thank ING Bank Philippines for continually supporting this annual Search.  

Annual FINEX Conference  

Block your calendars on October 4 to 8 for this year’s annual conference with the theme, “Disruptive Inclusion: Achieving a  Sustainable Future in the New Frontier.” This year’s conference will still be virtual, with a series of webinars to be held throughout  the week. Another project of the FINEX Week Committee is the setting up of the Presidentiables and Vice-Presidentiables Forum  in the last week of October. The Manila Times graciously accepted to be the event’s media partner with the Federation of Filipino Chinese Chamber of Commerce and Industry as co-host.  

Membership  

May I reiterate our call for everyone to support our membership recruitment drive this year? With the increasing number of LIFE  members, we have to recruit more new members for our organization’s sustainability this year. Apart from this, due to the adverse  economic effect of the pandemic, some of our members are also resigning. As you may be aware, your Board approved an Incentive  Program for all the members. Your active involvement in our activities and projects and recruitment of members will entitle you to  discounts for your next year’s membership fee. Another significant amendment in our charter is the acceptance of Associate  Members to our roster. We will soon announce the guidelines for the acceptance of this new category of membership. We hope that  the Associate Members will be the future of our organization.  

 Within the coming days, all members in good standing will receive the nomination forms for this year’s election for our next  year’s Boards. I hope that you will exercise your right to nominate and vote and nominate those who look after the welfare of our  organization.  

 We will continue to update you on our upcoming programs, particularly on the developments of our significant thrusts for this  year, and we fervently hope to receive your continuing support. 

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