Cowen Partners Defines The Modern Credit Union CFO
A successful CFO candidate synthesizes old-school accounting with new-age technologies to successfully lead the CU toward a better bottom line. By Shawn Cole
With increased market volatility and advancing digital infrastructures appearing across all industries, credit unions, traditionally regional and relatively conservative financial institutions, are emerging as one of the most transitional and rapidly-evolving subsets of the financial sector. Their risk-averse, nonprofit statuses have steadily deteriorated in the face of changing consumer behavior and digitally-driven global economies. Credit unions need to be as adaptable and innovative as their commercial bank counterparts to retain a stable position in the marketplace and survive the onslaught of economic shifts.
The demands of the credit union CFO, therefore, have modernized alongside the broader organization. Finding the right candidate for the job has become increasingly difficult.
In this new dawn of 21st-century credit unions, a CFO must embrace many dichotomies at once: The spirit of local, small business and the competition of global economic marketplaces; data-driven examinations of financial risks and creative strategy development; specialized financial expertise and a broad understanding of an entire operation. A successful, modern credit union CFO synthesizes old-school accounting with new-age technologies to actively lead the institution, both internally and externally, toward a better bottom line and more lucrative position in the marketplace.
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About the Credit Union Times
Established in 1990, CU Times is the credit union community’s leading news source. We set the standard for credit union journalism excellence and attract more paid advertising than any other credit union media. Published weekly, its main focus is to provide comprehensive, objective coverage of the latest credit union news. It also offers extensive on-site conference coverage, people features, statistical analysis and expert technology coverage. It also operates the only credit union news site (www.cutimes.com) that is updated throughout the day as news breaks. With a growing stable of products, including events, Webinars and custom publishing opportunities, Credit Union Times offers readers and advertisers many ways to get connected with the dynamic credit union industry.
About Cowen Partners Executive Search
Cowen Partners is the nation’s top CFO executive search firm, enabling companies to harness the power of human capital to fuel their success. Cowen Partners gives our clients access to the top 1% of human capital to create opportunities that accelerate their growth and market share. With Cowen Partners, clients can grow at scale, create value, and drive results with world class talent. Our clients are both small and large, publicly traded, pre-IPO, private, and non-profit organizations.
Clients are typically $50 million to multi-billion dollar revenue Fortune 1000 companies or have assets between $500 million to $15 billion. Successful placements span the entire C-Suite and include VP and director level leadership roles.
With our proven processes and guaranteed results, we have successfully placed hundreds of candidates in industries including technology, healthcare, manufacturing, retail, financial services, and private equity.
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