The scope of the power sector CFO is not only being reshaped by the overall transformation that is taking place in the CFO role but also by energy transformation, which is shifting the technological, market and customer context for companies in the sector.
As the direction of the power utility sector shifts, the CFO’s role in harmonising diverse business strategies becomes critical to aligning risks and rewards.
In our latest report on energy transformation, we look at how the power sector CFO role is evolving, the challenges it needs to address and the capabilities that will be crucial for delivering first-class performance.
“At AGL we identified the need to prepare an anticipatory culture to prepare for these changes early. It began with a strategic review and organisation restructure during 2015 and is ultimately focused on improving return on equity against the tide of falling energy demand”.
Brett Redman, CFO, AGL EnergyLimited.
The role of the power utilities sector CFO is changing faster than most. Hear from power sector CFOs in different markets around the globe on how their role is changing and see our checklist of key questions CFOs in the sector should be addressing as they face the challenges of energy transformation.