Hyderabad: CII Telangana organised the sixth edition of CFO Conclave with the theme “Resilience, Reinvention and Reimagination: The CFO’s Role in a New Era” here on Tuesday. The inaugural session was addressed by a few industry leaders from the finance sector in the State. Dr Jayesh Ranjan, Special Chief Secretary, Industries & Commerce, ITEC Departments, highlighted the strategic role of CFOs in regional economic development. “From investment perspective, incentives are important, but the broader context in which a business operates often holds greater value.” he said, stressing the importance of a holistic approach to business incentives and long-term sustainability.

“As stewards of financial integrity, CFOs incorporate new strategies, technologies, and ethical practices, ensuring sustainable growth across industries,” said D Sai Prasad, Chairman, CII Telangana & Executive Director Bharat Biotech International. He highlighted the strategic goals of CII Telangana, including achieving a $1 trillion economy by 2047.

MV Narasimham, Convenor, CII Telangana Ease of Doing Business Panel (EoDB) & Dy. CFO, Dr Reddy’s Laboratories Ltd., welcomed the guests and highlighted the evolving role of CFOs in navigating economic challenges. “Resilience goes beyond mere survival; it requires a proactive approach to anticipate challenges, mitigate risks, and capture opportunities while maintaining integrity and trust,” he said. Rajesh Kumar, Chief General Manager, State Bank of India highlighted the transformational role of CFOs as visionary strategists.