Speaker Highlight: Olaide Olunloyo
In times of uncertainty, finance leaders play a crucial role in steering their organisations through crisis. As Head of Finance at Jesus House , a London-based charity, Olaide Olunloyo FCCA MSc DChA knows firsthand the challenges of financial leadership in turbulent times. With a deep passion for organisational resilience and finance leadership development, she has built a career that blends technical expertise with a mission to drive meaningful change.
In this exclusive interview, she shares insights on leadership development, crisis management, and the evolving responsibilities of CFOs. As she prepares to take the stage at World Finance Forum London to discuss Leading Through Uncertainty: CFO Strategies for Crisis Management, Olaide offers valuable lessons on adaptability, financial resilience, and the power of diverse leadership. Keep reading to learn from her experience and discover the strategies shaping the future of finance leadership.
Tell?us?a?bit?about?yourself?and?how?you’ve?ended?up?where?you?are?today.
My name is Olaide Olunloyo FCCA MSc DChA and I currently work as the Head of?Finance?at a London based charity. I am also the founder of a foundation that supports under privileged children in rural areas. I hold a degree in Accounting with Taxation, a Fellowship with the Association of Chartered Certified Accountants (ACCA) as well as a masters in Charity Accounting.?
Despite having my core training as an accountant, I have tracked my career development within the charity sector as I am passionate about contributing to growth within the sector as it allows me to make a tangible difference within different communities. Working within Charity?Finance?allows me the best of both worlds: Aligning my core financial background with intrinsic values and core passions for change.
I am also deeply passionate about organisational resilience and finance leadership development as I believe the role of finance leaders has evolved greatly over the years and finance leaders need to be adequately equipped to lead with change.
How?are?you?developing?yourself?as?a?leader,?and?how?important?do?you?think?it?is?to?spend?time?doing?that??
Developing myself as a leader not only impacts my personal effectiveness, it also aids the success of my organisation as it enhances various aspects of my life including:
As a result, I think it is very important to spend time developing as a leader. I do this by implementing the following:
Self-Assessment, Reflection and Growth Strategies:
Structured Learning:
Mentoring and Experience:
As?a?CFO,?where?does?EDI/diversity?fit?into?your?strategy????
EDI fits into our strategy in a few areas and is crucial for several reasons as it supports ethical commitments and business performance including:
Talent Attraction and Retention: It fits into our recruitment policy as a diverse workplace is attractive to a broader talent pool. By fostering an inclusive environment, we enhance employee satisfaction and reduce turnover, leading to cost savings in recruitment and training.
Enhanced Decision-Making: This has aided our organisation to make more informed and balanced decision-making, reducing risks and leveraging new opportunities.
Market Innovation: A diverse team better reflects diverse customer bases, allowing for a deeper understanding of customer needs and preferences especially within the NFP sector where I operate as we have a large customer base. This has aided market innovation and improved customer satisfaction in service delivery.
Reputation: We’ve found that organisations with strong EDI practices have better reputations, which can enhance brand value and also impact investor/funders perception positively, as many investors/funders consider EDI factors in their decision-making processes and this is a very crucial factor in the NFP environment.
How?has?the?role?of?the?CFO?changed?over?the?past?decade???
The role of the CFO has evolved significantly over the past decade as it has moved greatly beyond just focusing on financial performance. Below are some changes I’ve noticed:?
Strategic Partnering: CFOs are increasingly being required as strategic advisors to the CEO and board, going beyond financial management to influence long-term business strategy and decision-making. CEOs are requiring CFOs more as their right hand people.
Data and Analytics: With the rise of big data, CFOs are utilising advanced analytics to forecast trends and drive data-driven decisions, helping to improve financial performance. This is also becoming more apparent in the team structure with a shift from more technical members of the teams to a focus on data.
Technology Integration: Despite many not have the full expertise, owing to the rise in technology, CFOs are now being seen to lead digital transformation efforts in their organisations to aid efficiency.
Sustainability and ESG Focus: With the growing emphasis on ESG, CFOs are playing a key role in sustainability reporting and aligning financial strategies with broader ethical goals.?
Talent Development: CFOs are now increasingly involved in talent management, building teams with the skills necessary to adapt in a changing business environment ensuring value add rather than just focusing on financial performance and tasks delivery.
The?question?everyone?loves?to?hate,?if?you?could?speak?to?your?younger?self?earlier?in?your?career,?what?one?piece?of?advice?would?you?give?them??
?You are not “too anything”, to be anything you dream of! There are no limitations or extremes that can prevent you from achieving whatever you aim for!
If you found this interview with Olaide insightful, be sure to catch her session, Leading through uncertainty: CFO strategies for crisis management, at World Finance Forum London.
Secure your pass now before tickets sell out! ??