Driving business success with Profitability, Performance & Sustainability

Executives from leading finserv companies such as Citibank, Standard Chartered Bank, National Australia Bank, UnionBank and more were brought together for the virtual roundtable - “Driving business success with Profitability, Performance & Sustainability” by Asian Banking & Finance and SAP. The event discussed the importance of balancing the top line, bottom line, and green line, as well as the importance of simulations and scenarios, which are critical for business survival. Panelists talked about the increasing focus on ESG factors and the need to embed them into business planning along with the need to ensure businesses rewire their modelling and simulations to reflect the ever changing complexities of the macroeconomic and geopolitical landscape. Additionally, they delved into the different journeys that companies are on, particularly those from countries with political unrest like Myanmar that face liquidity problems and regulatory compliance issues, making focus on ESG and sustainable development goals secondary.