CFO Forum Rio de Janeiro, 2016

The ability to identify risks and maintain financial stability is especially important for CFOs now that Brazil is struggling with the worst recession since the 1930s. So said Leonardo Gomes Pereira, chairman of Brazil’s Securities Regulator (CVM), at the CFO Forum organized by the Council of the Americas on April 8, in Rio de Janeiro. “The CFO is the setter in a volleyball match, preparing the ball for the CEO to attack,” Pereira said. “The court is usually made of sand, but sometimes it’s quicksand, or a glacier, constantly moving beneath our feet.” Risks are changing along with the business environment. Social media and the speed at which information is disseminated directly affect how business is done. For public companies, […]

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The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]