CFO do Moza Banco defende integração das métricas de ESG no sector financeiro


Moza Banco CFO defends integration of ESG metrics in the financial sector

CFO do Moza Banco defende integração das métricas de ESG no sector financeiro

Moza Banco's Chief Financial Officer (CFO), Devan Manmoandas, defends the need to include environmental, social and governance (ESG) metrics in financial analysis and decisions regarding institutions operating in the sector.

The position was presented recently in Johannesburg, South Africa, during the eighth edition of the CFO Forum, an international conference that brought together more than 300 financial leaders from various African countries and beyond.

Manmoandas, who set out to discuss the real challenges faced by CFOs in the digital age, highlights the "new figure of the CFO" as being able to "interpret data not as mere reports, but as strategic compasses. The finance function of the future is proactive, ethical and impact-oriented."

During his presentation, Moza's CFO clarified the evolutionary processes of the CFO's role, going from being a simple manager of results to an agent of transformation who uses data as the basis for creating value and making strategic decisions, anchored in the main global dictates of good practice and social and environmental protection.

In addition, the CFO argued that people should be at the heart of every strategy, as they are the main resource for the success of any transformation in organizations. "Investment in people is more important than investment in any machine or technology."

Still according to Manmoandas, African leaders in the sector need to realize that the future of finance will be shaped by those who lead ethically, understanding that data is indispensable for informing decisions. "Without data, we are just another opinion. But with well-governed data, interpreted intelligently and used responsibly, we have the basis for decisions that build a legacy," he said.

The participation of CFO Devan Manmoandas in this symposium served to reinforce Moza Banco's commitment to innovation, sustainability and responsible leadership in the financial sector in Mozambique and Southern Africa.

Moza is proud of its employees' participation in high-level meetings, as it believes that these occasions also serve to reveal the quality and focus on excellence that its staff possess, which are important vectors of the Bank's vision in the country and beyond.

By sharing knowledge and strategic vision with other African leaders, Moza's CFO practices one of the Bank's core values, based on the need to Win Together for continental development.

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