Wei Mei Zhong, CFO and VP of Dahua Technology was named CFO of the Year at the 5th Annual CFO Innovation Awards in a gala ceremony held on December 8 at the Marina Mandarin Singapore.
Wei was honored for engineering the company's expansion via M&A to intelligent transportation, smart homes, biometrics and virtual reality, among other areas. He also transformed financial processes and helped net profit increase 21% on the back of a 38% surge in revenues.
Five CFOs in total were recognized this year for their outstanding performance in finance management, the others being Krishnan Anantharaman, Senior Finance Director, Johnson & Johnson for Excellence in Finance Transformation; Bazlan Osman, Group Chief Financial Officer, Telekom Malaysia Berhad for Excellence in Financial Planning & Analysis; Richard McLean, Regional Chief Financial Officer, SAP Asia Pacific Japan for Excellence in Talent Management and Thomas Zipperle, Chief Financial Officer - Southeast Asia, SAP Asia for Excellence in Technology.
Twenty awards were handed out for Partner of the Year, acknowledging the accounting firms, management consultancies, banks, technology providers and other partners that assist the finance function. Accenture, BDO, DBS and HSBC were top winners, each of whom took home two trophies in their respective categories.
This year’s program also included a new category for Editors’ Choice Awards, to honor five individual projects that showcased effective collaboration between CFOs and service providers.
Inaugurated in 2012, the annual awards recognize Asia’s top executives in all aspects of financial management. This year’s awards dinner attracted more than 100 CFOs, business partners and guests from top companies across the region.
Nominated and voted on by the readers of CFO Innovation, the awards acknowledge the achievements of chief financial officers and their teams, as well as the firms that provide services, support and technologies.
A full list of nominees, submission criteria and additional information about the awards is available at www.cfoinnovation.com/awards.
Winners – 2016 CFO Innovation Awards
CFO of the Year Awards
CFO of the Year
Wei Mei Zhong, CFO and VP, Dahua Technology
Excellence in Finance Transformation
Krishnan Anantharaman, Senior Finance Director, Johnson & Johnson
Excellence in Financial Planning & Analysis
Datuk Bazlan Osman, Group Chief Financial Officer, Telekom Malaysia Berhad
Excellence in Talent Management
Richard McLean, Regional Chief Financial Officer, SAP Asia Pacific Japan
Excellence in Technology
Thomas Zipperle, Chief Financial Officer - Southeast Asia, SAP Asia
Editors’ Choice Awards
Excellence in Business Transformation (Management Consulting)
Excellence in ERP Transformation (Cloud)
Netsuite & iflix Sdn Bhd
Excellence in ERP Transformation (On-Premise)
EY & Mangalam Cement Limited
Excellence in Payments Transformation
Accuity & FMC Chemical International AG
Excellence in Treasury Management Transformation
Reval & CLP Holdings
Partner of the Year Awards
BEST IN AUDIT SERVICES (MID-TIER)
BEST IN AUDIT SERVICES (TOP-TIER)
BEST IN CASH MANAGEMENT (HONG KONG BANK)
BEST IN CASH MANAGEMENT (INDONESIA BANK)
Bank Negara Indonesia
BEST IN CASH MANAGEMENT (INTERNATIONAL BANK)
BEST IN CASH MANAGEMENT (MALAYSIA BANK)
BEST IN CASH MANAGEMENT (PHILIPPINES BANK)
BPI (Bank of the Philippine Islands)
BEST IN CASH MANAGEMENT (REGIONAL BANK)
BEST IN CASH MANAGEMENT (SINGAPORE BANK)
BEST IN F&A OUTSOURCING
BEST IN F&A RECRUITMENT
HAYS Recruiting Experts Worldwide
BEST IN FINANCE AUTOMATION
Fuji Xerox Singapore
BEST GENERAL INSURANCE PROVIDER
AXA General Insurance
BEST INSURANCE BROKER
BEST IN PAYROLL OUTSOURCING
BEST IN RISK MANAGEMENT ADVISORY (TOP-TIER)
BEST IN RISK MANAGEMENT ADVISORY (MID-TIER)
BEST IN TAX ADVISORY (TOP-TIER)
BEST IN TAX ADVISORY (MID-TIER)
BEST TRADE CREDIT INSURANCE PROVIDER