Chief Value Officer - the important evolution of the CFO

In the move towards sustainable organisations the role of the CFO is evolving beyond finance to include reporting on value-centric aspects of their operations.

This joint report by ACCA and BDO reinforces that the chief financial officer (CFO) role is fundamental to organisations and their stakeholders. The role continues to evolve and reshape as the emphasis of organisations changes. The role of a chief value officer (CVO) is one that is increasingly used in the context of the broader reporting that organisations are now undertaking. Is the CVO role an extension of the CFO role or is it unique? What constitutes value anyway?