SO FINE
Announcing the winners of the second CFO Asia Achievements in Best Practices Awards.

Excellence has a way of grabbing attention. Volumes are devoted to hot companies, whole businesses based on benchmarking. In Asia, however, where a blueprint of what works is needed as much as anywhere in the world, CFOs have been shy to step forward and claim their mantle. In order to lavish praise where praise is due, we proudly present the CFO Asia/PricewaterhouseCoopers Achievements in Best Practices Awards for 2002.

To help us choose our winners, we called on a distinguished panel of judges: Mark Keithley, CFO of Netstar; Neil McNamara, group corporate secretary of Jardine Matheson; Ng Wai Lun, CFO of Astra (Wuxi), the China unit of Astra Zeneca; Harvey Chang, CFO of Taiwan Semiconductor; David Uhazie, CFO for Kodak in Asia; Shawn Bergemann, CFO of Motorola in Asia; Larry Lang, professor of finance at Chinese University of Hong Kong; Hee S Cho, CFO of E-Land Group; and Carla Rapoport, managing editor of CFO Asia.

Turnaround Management Theirry Moulonguet The finance chief of Nissan placed profitability at the center of decision-making.

Managing External Stakeholders Rajendra Kasliwal Hindalco's CFO raised his communications with investors to an almost frenetic level.

Managing Finance in an SME Babu Shankar The CFO of Fosroc Chemicals tackled multiple jobs when he found its cash position in peril.

Raising Capital Chris Matten OCBC's finance chief cooked up the biggest international debt raising by a Singapore issuer.

Risk Management James Irvine BAT Malaysia's CFO incorporated the management of risk into the day-to-day fabric of his company.

Turnaround Management: Special Commendation Peter Leong Comfort's finance director helped the company make the best of what it had.

Raising Capital: Special Commendation Delfin Gonzalez The CFO of Globe Telecom tapped various sources while balancing capital structure.