PwC’s Chief Financial Officer Programme Developing finance leaders of the future

Sedona Hotel Yangon, MyanmarOctober – December 2018

CFO Program 2018

Message from the Managing Partner

“Myanmar is one of the fastest growing

economies in the world and its businesses

are transforming rapidly to keep pace.

More than ever, equipping finance

leadership with the rights skills and

competencies to partner business leaders is

critical in addressing the growing

complexity businesses have to confront.”

Over the last two to three decades, the role of the CFO in well run businesses around the world have evolved from the traditional accounting and controllership functions, to one of acting as a partner to the CEO. In fact, many successful CFOs have subsequently taken on the CEO role. Personally, I like to think of the CFO as the CEO aide with a numeric view of their business and the world (think Matrix, the movie).

To be sure, the Finance function today still needs to play the controllership role and keep a good set of accounting books for financial reporting, management accounting and tax filing purposes. In fact, with the standardisation and globalisation of accounting standards and the tax authorities’ increased efforts to stamp out leakages, the controllership and reporting function is never more important. But it is a hy giene factor – failure to do so will damage the business, but doing it well alone is insufficient to help the business succeed.

To be a true business partner, the CFO needs to be a key player in formulating and supporting the organisation’s business strategy, and be responsible for capital allocation and recycling, evaluating investments, supporting M&A, raising debts, optimising capital structure, managing foreign exchange exposure and deploying surplus cash. The job of a new age CFO is both multi-facet and challenging, but also rewarding.

We are proud to bring you PwC’s CFO Programme for Myanmar. We have developed a programme based on the experience gained from our multi-competency practice, practical insights from CFOs and academic studies by university professors. This powerful and unique curriculum combines practical skills demanded of CFO today with academic theories. Your faculty includes university professors, experienced CFOs and subject matter experts from PwC.

The Programme offers a conducive platform for like-minded professionals to enrich their knowledge and skills and discuss contemporary issues relevant to finance leadership.

I welcome you to this inaugural Myanmar CFO Programme and your next step in professional development.

Ong Chao ChoonManaging Partner PwC My anmar

CFO Program 2018

Benefits of PwC’s CFO Program

A curriculum that is Fit for Purpose

A powerful and diverse faculty

Insights from key leaders

Comprehensive and non-disruptive timetable

The PwC CFO Alumni Network

Our curriculum is developed with you in mind and includes modules which are relevant. This includes corporate governance, risk management, managing IT in an organisation, financial reporting, mergers and acquisitions, anti-bribery and corruption, and insights from CFO practitioners.

Our teaching faculty includes professors from the National University of Singapore and our experienced practitioners at PwC. This provides an intersection of theory and practical experience.

Hear from renowned past and present CFOs on what it takes to be the CFO of today. Our speakers include CFOs of multi-national companies, board of directors of large listed companies and PwC partners.

The CFO Programme is designed as an every fortnight format which enables busy executives to complete the Programme in My anmar without disrupting their professional or personal activities. The Programme comprises 10 modules. Each module will be held typically on Friday and Saturday every other week.

The Programme is not only a platform for senior finance professionals to exchange knowledge and experiences and understand and explore potential solutions to the challenges facing the finance function in the Myanmar economy, but also offers access to the exclusive CFO Programme Myanmar Alumni Network.

PwC’s CFO Programme Overview Three pillars, an unrivalled experience

Day 1

Day 2-5

Day 6-8

Day 9

Day 10

Graduation

Financial management, reporting

and tax

Ethics and investor

relations

PwC’s CFO Programme

2018 The CFO as a

business

partner

• Incorporates the PwC Experience where we strive to provide our clients with priority service and a unique, stimulating and memorable experience;

• Introduces a powerful line up of PwC experts and industry guest speakers who share real-life examples, cov er relevant topics and trends, and provide useful material for pre-class, in-class and take-home work/assignments;

• Applies the PwC Interactive Learning Advantage (PILA); keeping our training/learning solutions as

interactive and engaging as possible to increase returns on learning (ROL) using a combination of activities and discussions;

• Prov ides participants with a relevant curriculum designed around the core competencies of a future ready finance leader in Myanmar.

Programmelaunch

CFO Program 2018

Synopsis of modules

Date & Duration

Module Faculty Learning Objectives

Programme Launch

Day 1

12 Oct (Afternoon)

ProgrammeLaunch

ONG Chao Choon

• Welcome address from PwC Myanmar’s Managing Partner

• Learning objectives of the PwC CFO Programme

CFO Panel CFOs • Understand what it takes to be a great CFO from industry veterans sharing their journey

Governance, Risk Management and Controls

NG Siew Quan

AlywinTEH

• Understand the core corporate governance and risk management principles

• Appreciate the basics of Board structure and composition

• Recognise effective risk management frameworks

• Learn from best practices sharing beyond Myanmar, from in and around the region, based on our extensive client and market interactions

Dinner, drinks and networking

• Experience a unique opportunity to network with industry and subject matter experts

CFO as a business partner – Strategy, Mergers and Acquisitions and IT

Day 2

13 Oct

CorporateStrategy

Professor Istiaq MAHMOOD

Oliver WILKINSON

• Understand the Integrative Framework of strategy that revolves around ‘value creation’ and ‘value capture’

• Recognise the Strategy Canvas as a tool to develop a unique portfolio of benefits and the Business Model Canvas as toolfor successful strategy implementation

• Learn how winning in emerging markets requires an ability to combine different ty pes of innovations

• Understand how a firm may need to change its internal structure, routines, and incentives to align with its strategic direction

Synopsis of modules

Date & Duration

Module Faculty Learning Objectives

CFO as a business partner – Strategy, Mergers and Acquisitions and IT

Day 3

26 Oct

Corporate Structures and Capital Markets

THAM Tuck Seng

• Understand the roadmap to being a listed company

• Recognise common pitfalls to getting listed

• Be aware of Singapore listing requirements

Valuing a Business

Christopher TAN

• Understand business valuation principles and valuation techniques and methodologies which you will be able to use to estimate the value of a business

Day 4

27 Oct

Mergers & Acquisitions -How to successfully complete a Deal

SIM Hwee Hong • Recognise key M&A principles • Evaluate your strategic direction and

growth plan • Appreciate the due diligence process and

importance of preparing for due diligence • Be aware of the steps, documentation and

common issues whencompleting a deal • Understand post deal integration

strategiesand challenges

Day 5

9 Nov

Managing Technology in the Digital Age

Jimmy SNG and Mike P MY INT

• Recognise how technology changes and digital transformation in the organisation can be driven by shaping strategic direction

• Learn how to maximise the technology investments while effectively managing technology risks by taking an integrated view across the organisation to achieve technology governance using international best practices

• Be equipped with a practical approach to managing complex business information sy stems that can support the governance infrastructure, providing process efficiency, enhanced control, improved visibility and security, while empowering business intelligence and reporting

Synopsis of modules

Date & Duration

Module Faculty Learning Objectives

Financial, Management Reporting and Tax Planning

Day 6

23 Nov

CFO Dialogue: Financial Management

CFOs • Participate in a dialogue on effective financial management: corporate treasury, budgeting and planning, managing debts, capital allocation and cash flow management

Understanding Financial Ratios

Senthilnathan SAMPATH

Sanjna PUNJABI

• Learn to leverage financial ratios as analytical tools thatcan be used for robust organisational analysis

• Uncover the financialhealth and strengths of a business, and also spot red flags if the business is in poor financial health or whenthere are indications of potential anomalies

Day 7

24 Nov

How Accounting Standards impact y our business

CHEN Voon Hoe

Senthilnathan SAMPATH

Sanjna PUNJABI

• Obtain an understandingof the genesisofaccountingstandards and development of IFRS in key jurisdictions

• Understand how the accounting standards are applied and how you can manage consequential business implications such as changes in key performance metrics and required data, system and process enhancements

• Prepare for the anticipatedimplementation challenges to achieve IFRS convergence by 2022

Day 9

7 Dec

Tax Planning Paul CORNELIUS

• Learn the fundamentals of local and international tax planning and structuring and how these could benefit your business

Synopsis of modules

Date & Duration

Module Faculty Learning Objectives

Ethics and Investor Relations

Day 10

8 Dec

Ethics and Anti-Bribery and Corruption

CHAN Kheng Tek

• Obtain an understanding of the challenges and appropriate actions to take for companies to prevent and detect the risk of fraud, bribery and corruption

CFO Dialogue: Investor Relations

• Dialogue on effective Investor Relations

Graduation Event • Closing gala dinner • Conferring of PwC CFO Program

certificates • Dialogue with CFOs

Note that although faculty are accurate as of 16 August 2018, there could be potential additions/changes to faculty.

Your PwC faculty

NG Siew QuanPartner, Corporate Governance Leader, PwC Singapore Siew Quan is the Corporate Governance Leader in the Risk Assurance practice of PwC Singapore. With over 25 years of experience Siew Quan has led internal audit and risk

m anagement engagements for a number of corporate entities from the private and public sectors in Singapore. Siew Quan has participated in the development of v arious standards and guidance in the field of corporate governance and risk m anagement and has conducted a large number of workshops and seminars.

CFO Program 2018

THAM Tuck Seng Partner, Capital Markets Leader, PwC SingaporeTuck Seng leads the Capital Markets Group in PwC Singapore. He is an audit partner with the Assurance division specialising in the listing of companies on the

Singapore Exchange (“SGX”) and audits of statutory boards in Singapore. He has close to 30 y ears of professional experience in providing audit and advisory serv ices. Tuck Seng is also a frequent speaker in seminars organised by the SGX in Singapore and major cities in China, Vietnam, Myanmar and Moscow. He has

worked closely with the Economic Development Board in Singapore in conducting seminars in China to promote Singapore as the regional hub for doing business in Asia.

ONG Chao ChoonManaging Partner, PwC Myanmar Chao Choon is PwC Singapore's Deputy Chairman and Advisory Leader, and also PwC's Asia Pacific Transactions Leader. He has over 20 years of hands-on

experience in providing due diligence, auditing and other advisory services to private equity firms, Singapore corporations and multinationals across Asia Pacific.

Alywin TEHPartner, Enterprise Risk Management Leader, PwC SingaporeAs a risk management consulting and internal audit practitioner, Alywin has significant financial sector commercial experiences having worked in the regional

internal audit division of a MNC bank and was seconded to the Asia regional offices of two MNC insurers as their Regional Head of Internal Audit and Regional Chief Risk Officer respectively. While on secondment at the regional offices of those insurers, Alywin headed up regional functions such as Internal Audit, Risk Management, and

Finance Projects. As an internal audit practitioner, Alywin has extensive experience leading and supporting various global and regional internal audit co-sourcing and adv isory engagements.

Oliv er WILKINSONPa rtner, St rategy, PwC Sin gapore

Oliv er is a Strategy Partner based in Singapore. He brings 12+ years experience as an adv isor to top businesses and financial investors. Alongside his core client work, Oli has extensive experience in designing and delivering Strategy courses. Oli holds a Masters in Mathematics (First Class Honours) from Oxford University and is a

m em ber of the Institute of Chartered Accountants in England & Wales.

Your PwC faculty

CHEN Voon HoePartner, Accounting Advisory Leader, PwC SingaporeVoon Hoe leads the Accounting Advisory practice in PwC Singapore and currently driving all the accounting and financial reporting advisory in Singapore with focus

on implementation of the new accounting standards such as IFRS 9: Financial Instruments, IFRS 1 5: Revenue from contracts with customers and IFRS 1 6: Leases. He has ov er 20 years of experience in investment banking, treasury, financial adv isory and regulatory compliance.

CFO Program 2018

SIM Hwee HongPartner, Deals Financial Due Diligence, PwC SingaporeHwee Hong is a PwC Singapore Partner specialising in merger and acquisition adv isory and has extensive cross border deals experience having spent 8 years in New

York, 5 years in China and most recently, 2 years in Japan in our respective Deals teams. HweeHong is focused on guiding our clients’ through the M&A transaction process, performing financial and operational due diligence reviews, carve-out adv isory, business plan reviews, business valuation considerations, assistance with

deal structuring, post-deal transitional issues and advising on purchase price adjustment and completion m atters.

Christopher TANManaging Director, Deals Advisory, PwC SingaporeChristopher has ov er 16 years of professional experience in providing audit and adv isory services. He advises clients on complex accounting and valuation matters,

such as those relating to business combinations, structuring of acquisition debt/equity instruments, Purchase Price Allocation exercise, intellectual property v aluation, goodwill impairment test and application of IFRS. Christopher regularly conducts accounting and valuation training both internally and externally.

Mike P MYINTDirector, Cyber and Technology PwC Myanmar Mike is a My anmar repatriate and a seasoned technology executive with ov er 15 y ears of experience in cyber security strategy, Enterprise Risk Management

(ERM), information security policy, telecommunications and internet service prov iders, banking and financial systems as well as extensive project management and implementation both locally and internationally. He is focuses on helping public and private enterprises to emerge through the digital transformation

initiatives while ensuring the potential risks are properly managed.

Jimmy SNG Partner, Digital Trust, PwC Singapore Jimmy Sng is a partner in the PwC’s Digital Trust practice that delivers high value solutions, from strategy to execution, solving clients’ complex business problems through technology enablement. He is responsible for the cybersecurity practice. Ov er the last 5 years, he has led engagements focusing on data loss & leakage

remediation, security analytics and identity & access management.

Your PwC faculty

CFO Program 2018

Sanjna PUNJABISenior Manager, Accounting Advisory PwC SingaporeSanjna is an experienced senior manager with PwC Accounting Advisory Services and has more than 13 years of audit, business advisory and regulatory experience. As a

m em ber of the PwC Global network of IFRS reporting specialists, she provides consulting services on complex financial reporting issues, performed financial statement reviews & conducted various internal/external trainings. Prior to her current role in PwC, she was a part of the Accounting Standards Council (“ASC”)

Secretariat, providing technical accounting input on em erging issues in accounting standard development, during local stakeholder outreaches and as a member of the ASC delegation in international/regional accounting standard setting bodies meetings.

Paul CORNELIUS Partner, PwC Singapore | Tax Practice Leader, PwC Myanmar Paul currently leads the tax practice of PwC My anmar and has advised many multi-national companies on tax structuring for investment into My anmar. He is also

responsible for Myanmar tax compliance for many companies cov ering both direct and indirect taxes. Paul has co-ordinated local and regional projects involving tax and other lines of services including business advisory and risk and control solutions and prov ided tax advice to local and international clients in Myanmar. Paul has led many

discussions with the Myanmar authorities, including Myanmar Investment Commission, Ministry of Electricity and Energy and the Internal Revenue Department, helping clients with incentive applications, advance ruling applications and disputes.

CHAN Kheng TekPartner, Forensic Services Leader, PwC SingaporeKheng Tek has over 26 years of professional experience and leads the Forensic Services practice of PwC Singapore. He specializes in financial investigations and

assets tracing / asset recovery work, damage assessment and litigation/arbitration support. During his career, he has conducted numerous investigations including som e of the largest corporate scandals in Singapore. Kheng Tek has also led numerous Anti-Bribery & Corruption engagements in the South East Asia region.

He is a Certified Fraud Examiner and a Chartered Accountant with the Institute of Singapore Chartered Accountants.

Senthilnathan SAMPATHManaging Director, Accounting Advisory, PwC SingaporeSenthil is a Managing Director from the Accounting Advisory Services in PwC Singapore with 17 years working experience. He has advised a number of global banking and insurance institutions across Asia through their transitions to new bases of accounting and embedded complex accounting solutions, with the aim of enabling

sustainability of finance function change over the long-term. Also heavily involved in a myriad of seminars and trainings, Senthil often speaks on key current accounting topics for the cross-industry audience. He is one of the lead IFRS trainers in PwC Singapore and has trained more than 1500 participants over the past few years.

Other faculty/invited speakers

CFO Program 2018

Ishtiaq Pasha MAHMOOD Professor, NUS Business School Mr. Ishtiaq Pasha Mahmood studies and works with multinational and indigenous companies on their emerging market strategies and teaches (under)graduates and senior executives. He joined the NUS faculty in 1999, after obtaining an economics degree from Oberlin College (1992) and a Ph.D. from Harvard (1999). He has won the Aspen Faculty Pioneer Award that recogniseseducators who integrate social and environmental issues into their academic research, educational programmesand business ethics.

T ony MALLEKBoard director, former CFO of Singapore Press Holdings Mr. Mallek was the previous Chief Financial Officer of Singapore Press Holdings. He also served as Executive Vice-President (Finance), Senior Vice-President (Finance). He is also a director of SPH REIT Management Pte Ltd. Prior to this, he was General Manager, Finance for Intraco Limited from 1999 to 2001. He was named Best Chief Financial Officer at the Singapore Corporate Awards in 2016. Originally from Hong Kong, he started his career in 1978 in the United Kingdom and has been with various US multinationals until 1991 when he was posted to Singapore. His Singapore experience has mainly been in the healthcare industry, including general manager positions in finance and business development for Parkway Holdings Limited from 1994 to 1997.

Cy ndi PEICFO, Yeo Hiap Seng LimitedMs. Cy ndi Pei leads the Finance function in Yeo Hiap Seng Limited Group and is also responsible for Treasury, Tax, Investor Relations and M&A. She is constantly finding the next area for change or improvement to create value for the Group and one of the improvements made is the implementation of foreign exchange risk management policy. Prior to this, she spent 14 years with PwC Singapore providing audit and advisory services while also leading business development for Real Estate and TMT industries.

Ram lee BUANG Board director, former CFO of Cerebos Pacific Ltd Mr Ramlee Bin Buang is a Life & Executive Coach, a Financial Consultant and an Independent Director. He has more than 35 years of experience in international business and finance having worked in audit and leading multinational corporations from various industries. He was an Executive Director and CFO of CerebosPacific Ltd from 1998 to 2014, and Director and Chairman of ARC of Far East Orchard Limited and Director of NHG. He is a member of the Chartered Association of Certified Accountants (United Kingdom), CPA (Australia) and a non-practicing member of the Institute of Singapore Chartered Accountants. He also holds a Graduate Diploma in Marketing and attended the Harvard Business School Advanced Management Program in 2011. He is a Certified Professional Co-Active Coach (The Coaches Training Institute) and an Associated Certified Coach with International Coaching Federation. He currently serves on the board of various charities and companies in Singapore.

Note that although faculty are accurate as of 16 August 2018, the re could be potential additions/changes to faculty.

The PwC CFO Alumni Network

As a graduate of the CFO Programme, you will become a lifetime member of the CFO Programme

My anmar Alumni network, an exclusive network where experienced CFOs, aspiring CFOs come

together to play an active role in the ongoing transformation the My anmar economy and the CFO

role herein, and at the same time accelerate their own careers and businesses. The CFO Alumni

network is a platform for connecting, exchanging ideas and experiences, mentoring and

collaborating with peers, and also a sy stem for influencing change and shape the transformation

of the My anmar economy.

The CFO network members have access to a number of events, such as:

• Regular roundtable series around key issues facing CFO and aspiring CFOs

• Cross-industry insights for CFOs and financial executives on accounting standards, financial

reporting, and regulatory hot topics

• Webinars, addressing new developments

• Reunions and networking events featuring key note speakers

Who is right for this programme?

Eligibility

The CFO Programme is designed for current CFOs and aspiring CFOs; next generation financial leaders, high potential financial managers and other senior financial executives (e.g. C suite, C- 1 , C-

2 levels) with strategic and financial responsibilities.

Applicants to the CFO Programme should meet the following criteria:

• A university degree, diploma or qualification in any discipline

• Good command of English

• At least five years of full-time work experience in a finance management role

• Endorsement by your current employer of y our participation in the programme is strongly encouraged

Programme fees

USD 5,800 excluding commercial tax

The programme fee includes all course instruction and course materials, refreshments, lunch, and

access to the networking dinner at the start of the programme.

It excludes meals, travel and accommodation expenses.

For more on programme fees, dates and registration forms, please contact:

may .ohn.nyunt.kyi@mm.pwc.com

How to apply

Applications to the CFO Programme open in August and close at the end of September.

Register y our interest at https://www.pwc.com/mm/en/academy/academy-CFO programme.html

or complete the application form at the end of the brochure.

CFO Program 2018

Application form

Personal detailsName: Mr/Ms/Mdm ……………………………………………… Designation: …………………………………………….

Email: ………………………………………………………………….. Contact No: ……………………………………………...

Organisation sponsorName: Mr/Ms/Mdm …………………………………………………… Designation: …………………………………………….

Company: ………………………………………………………………….. Address: ………………………………………………...

……………………………………………………………………………………………………………………………………………………

Email: …………………………………………… Contact No.: ……………………………….. Fax: …………………………….

Describe your work experience

Describe your educational background

What are your objectives and what would you like to achieve from the CFO programme?

Special Meal Requirements (if any):……………………………………………………………………………………………….

CFO Program 2018

Application procedure

Registration and Payment

To apply for the programme, the following documents need to be submitted:1. Completed Application form2. Official copy of University Degree or equivalent (translated in English, if originally in another language) 3. Endorsement by your current employer of your participation in the programme (highly recommended)4. TOEFL or IELTS test score is required if the medium of instruction in your university education was not

in English.

Registrations will only be confirmed upon receipt of payment and registration form. Upon acceptance of y our application, you will receive an invoice for the programme.

Y ou can submit your application through online registration at https://www.pwc.com/mm/en/academy/academy-CFO programme.html or through email. Please email the scanned copy of your application form and the required documents to academy.mm@mm.pwc.com and/or mail the registration form and payment to:

PwC’s AcademyAttn: May Ohn Nyunt Kiy, M&C Dept.Unit 02, 04, 06, Level 11, Myanmar Centre Tower 1, No 192, Kaba Aye Pagoda Road, Township, Yangon, MyanmarPay ments can be made either by cheque, bank transfer or by credit card.

For registration and enquiries, please email us at may.ohn.nyunt.kyi@mm.pwc.com.

Note:• Fees includes all course instruction and course materials, refreshments, lunch, and networking dinner at

the start of the programme.• The seminar will be conducted at a hotel • Certificate of Achievement will be awarded upon successful completion of the workshop.

Cancellation policy:Full payment must be made prior to the programme. Registered participants will be liable for the full fee even in the event of non-attendance.Upon receipt of registration, any request for cancellation or a replacement must be confirmed in writing at least (7) working days before the programme and subject to PwC’s Academy’s approval.A 10% administrative fee will be imposed for any cancellation or deferment received less than (5) working day s before the seminar.

PwC reserves the right to amend, postpone or cancel the programme due to unforeseen circumstances.

CFO Program 2018

CFO Program 2018