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CFO INSTITUTE NEWSLETTER ISSUE NO. IV - MAY 2009

ISSUE HIGHLIGHTS

Featured McKinsey article
The CFO's role in navigating the downturn
Companies, and their CFOs, may have to adapt more radically to the downturn than they now expect Read more

You think
"Has your foreign exchange exposure had a negative impact on your bottom lines?" Read on for your peers' views.

What's your beef ?!
“In these thrifty times, has the finance department’s reputation as the ‘Bad Guys’ been highlighted?" . Find out what your peers think

Events corner
CFO Roundtable Series
Leading your company through the current economic crisis - A CFO's perspective
Breakfast Sessions
New Delhi (June 2, 2009) Bangalore (June 3, 2009) Mumbai (June 4, 2009)

Young Finance Leaders' Summit... the critical imperatives of the 3 Cs: cash, cost & compliance
July 2009 * Mumbai

Legal eagle
Monthly update on legal and tax regulations. Read more

We welcome your comments on this issue. Please submit your feedback by clicking here.

MANAGING VOLATILITY IN THE FOREIGN EXCHANGE MARKETS

Exchange rates have exhibited dramatic volatility over the past 12 – 18 months, leaving most corporate, finance and stock market experts confused. This unprecedented instability has also created immense challenges for companies that are exposed to foreign exchange risks.

At our CFO Institute’s YFLN Briefing Session, Sandeep Batra, a foreign exchange expert and vice-president of MCX, talks about the health of the economy in recent months and discusses ways to manage foreign exchange risks. Read more

"May: This is one of the particularly dangerous months to invest in stocks. Other dangerous months are July, January, September, April, November, October, March, June, December, August and February."
- Mark Twain

Quick Q&A

A brief Q&A session with Yunus Bookwala, CFO, Capgemini India, on the challenges of managing foreign exchange volatility. Read more

Advisor Speak

'Perplexed by Pay'
by Don Durfee

Resist the pressure to make executive pay even more complex. Read more

I think


Dr. V Shunmugam, Chief Economist, MCX

Commodity-Currency: The Derivative Linkage

Realizing what derivative instruments can do to mitigate the risks of a rapidly integrated world economy, major economies in the world are fast resorting to the process of setting up exchange-traded derivative markets. Read more

Currency Futures: A boon for Individuals Read more

Young Finance Leaders’ Network (YFLN)

Membership Details

The CFO Institute’s Young Finance Leaders’ Network is an annual membership based programme which provides a unique platform for you and your colleagues to effortlessly network and share thoughts regarding your function, the economy and your business environment, and assist your journey towards becoming an effective finance leader. Read more