3 / 46
LETTER OF THE CHIEF EDITOR
Dear Financial Execuve,
You receive the IAFEI Quarterly XXXIV
th
Issue.
This is another issueof the IAFEI Quarterly,
the electronic professional journal of
IAFEI, the Intemaonal Associaon of
Financial Execuves Instutes.
This journal, other than the IAFEI website,
is the internal ongoing informaon tool
of our associaon, desned to reach the
desk of each financial execuve, or reach
him, her otherwise, at the discreon of
the naonal IAFEI member instutes.
This issue is the Fourth One under the
regime of the New Start for the IAFEI
Quarterly. This new start has been
backed up by the IAFEI Board of Directors
decision of October 13, 2015, to establish
an Editorial Board consisng of 10 IAFEI
representaves from all connents.
This issue, again, has more arcles from
inside IAFEI than before, an encouraging
development. And once more the layout
and the visual design have been further
improved by the ltalian IAFEI Member
Instute ANDAF.
And this issue again has the more user
friendly format, introduced in summer
2015. From the table of contents you
can now directly click into every arcle,
without scrolling through the enre issue.
Once again:
I repeat our ongoing invitaon, to all IAFEI
member instutes, and to each of their
individual members, to send us arcles
for inclusion in future IAFEI Quarterlies,
and to also send to us your suggesons
for improvements.
With best personal regards
Helmut Schnabel
Chief Editor
3