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The role of chief financial officers (CFOs) is undergoing a significant transformation, and they must adapt to become digital strategists, incorporating artificial intelligence (AI) and quantum computing into their operations to remain relevant, according to Shailesh Haribhakti, chairman of Haribhakti & Associates.
Delivering the keynote address at the ETCFO Leadership Summit 2025, Haribhakti emphasized, “We are in the era of the quantum CFO. Quantum Safe Encryption will be a critical focus area, and CFOs must lead the AI revolution.” He emphasized that AI is no longer an optional tool but a fundamental driver of financial processes, enabling real-time risk detection and intelligent automation.
Haribhakti highlighted that AI-powered machine learning models have already processed billions of transactions globally, enhancing fraud detection and cybersecurity. He stressed that financial leaders must move beyond balance sheets to become architects of digital economies. “Finance is no longer just about numbers; it’s about intelligence. AI offers extra intelligence at a lower cost, making its adoption essential,” he said.
AI-driven finance
The shift towards AI-driven finance, he noted, is crucial for survival. “Companies that do not invest in AI today may not exist in a decade,” he warned. Haribhakti also underscored the need for CFOs to embrace quantum computing, which will transform how assets are developed and risks are measured.
Financial automation, he added, must become deeply personal, with AI integrated across all devices. The fusion of AI and digital finance, he said, should also drive sustainability, making financial leadership more agile and forward-looking.
With cybersecurity now a CFO’s responsibility and real-time data analysis becoming imperative, Haribhakti urged financial leaders to act immediately. “This is not about the future—this has to happen today,” he said, signalling a new era for financial leadership in the age of the quantum CFO.
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