GrowCFO Show

GrowCFO Show


#186 CFO and CTO working in partnership for digital transformation with Bill Genovese, CIO Advisory Partner at Kyndryl

June 04, 2024

Kevin Appleby and Bill Genovese discussed the convergence of digital technologies between the CFO and CEO/IO roles, emphasizing the importance of collaboration between these two roles. Kevin Appleby and Bill Genovese later discussed the importance of cost avoidance, cybersecurity, and cultural change in navigating digital transformation, highlighting the need for organizations to adapt to new technologies and ways of thinking. Both conversations emphasized the value of collaboration and sharing experiences to better navigate the complexities of digital transformation.

Key topics covered include:

  • An overview of Bill Genovese’s background in financial services and technology consulting
  • The concept of digital convergence and how technologies overlap to solve business problems
  • Examples of how ERP systems evolved to integrate finance functions
  • The CFO-CIO partnership in regulatory compliance projects like Basel II
  • Opportunities for cost avoidance and cloud strategies through legacy modernization
  • Cybersecurity considerations like the zero-trust architecture
  • Emerging technologies like quantum computing and associated risks
  • When a company should consider hiring a dedicated CIO/CTO role
  • The importance of culture and mindset for successful digital transformation 
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