Germany – IAEF At a Glance

Historical Background

  • GEFIU, also known as The Association of Chief Financial Officers Germany, is a prominent organization in Germany’s financial sector.

Membership and Reach

  • As of December 2020, GEFIU has 170 members who are CFOs or finance directors from various industries, including insurance, banking, and service companies. The association does not include consultancy firms.

Core Activities and Values

  • The association focuses on enhancing the role of finance in corporate leadership, fostering professional development among its members.

Governance Structure

  • GEFIU’s Board of Management is elected annually and can be re-elected repeatedly. Currently, the board consists of nine members, with Helmut Schnabel as the chair.

Membership Benefits and Services

  • Members have access to an annual conference in Frankfurt am Main, special half-day meetings, and networking opportunities. The association also produces an Annual Report in German.
  • GEFUI maintains five working committees, meeting several times per year, on: External Corporate Accounting, Capital Markets, Leasing and Asset Finance, Functions and Organisation of Finance and Treasury Activities in Multi-Divisional Corporation Groups, Medium Sized Corporations

Professional Development Program

  • Since 1984, GEFIU has been conducting a unique three-and-a-half-day High-Level Seminar annually for junior high-potential finance employees and finance managers from industrial corporations.

Supporting Future Finance Professionals

  • GEFIU contributes to the development of future finance professionals through its specialized seminars and educational initiatives.

The International CFO Alliance (ICFOA) is a non-profit organization, classified as an “1901 association law“ entity, and is officially registered in France. It was established as a legal entity in 2023 and is recognized by the Directorate of Legal and Administrative Information (DILA). This status underscores our commitment to operating as a non-profit, dedicated to serving the interests of our members and the CFO profession globally.

Office for correspondence:

13 Rue Paul Valéry, 75116 Paris, France
Telephone: +27(0)12 643 1800


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