#272 How to Move from Finance Leader to CFO, Richard Turner, GrowCFO Mentor
The transition from Finance Leader to Chief Financial Officer is one of the most significant and demanding career moves in finance. While technical excellence, financial control, and operational discipline form a strong foundation, stepping into the CFO role requires a fundamental shift in mindset. It is not simply a promotion—it is a move from managing finance to leading the enterprise. The CFO becomes the strategic partner to the CEO, the external face of finance, and a key voice with investors, boards, and stakeholders.
In this episode, Richard Turner, GrowCFO Mentor and Certified Transition Coach, draws on more than four decades of international finance leadership across 15 sectors and multiple countries. He explains how adaptability, humility, and curiosity enable successful transitions between industries—and why these same qualities are essential when progressing from FD to CFO. Richard outlines the universal principles that underpin effective finance leadership, from cash and cost management to stakeholder awareness and team empowerment, and explores how these fundamentals evolve at executive level.
The conversation also addresses the modern pressures facing CFOs, including rapid technological change, AI adoption, and increasing executive scrutiny. Richard emphasizes that today’s CFO must balance digital fluency with deeply human leadership—coaching teams, building trust, and supporting CEOs under pressure. With research showing that 40% of executives fail in new roles, he highlights the importance of structured mentoring and transition support to ensure aspiring CFOs not only secure the role—but succeed in it.
Key topics covered:
- Why the move from FD to CFO requires a shift from operational control to enterprise-wide leadership
- The five universal principles that apply across all industries and underpin CFO effectiveness
- The three major pressures facing modern CFOs: technology, human leadership, and CEO partnership
- Why humility and curiosity are critical when entering new industries or executive roles
- The “5 Cs” communication framework every aspiring CFO should master
- How structured mentoring and executive transition coaching reduce failure risk in new roles.
Links
Timestamps:
- 00:00:39 – Richard outlines his second career in mentoring and global finance background
- 00:02:37 – International career journey across Asia, Europe, Middle East, and Africa
- 00:06:16 – Moving across industries: transferable finance leadership fundamentals
- 00:07:56 – Humility in new sectors: leadership lessons from oil & gas
- 00:16:14 – What is keeping CFOs awake at night: technology, humanity, and CEO pressure
- 00:20:20 – Extraordinary leadership: raising and empowering future leaders
- 00:33:39 – Transitioning from FD to CFO: enterprise-wide skill expansion
- 00:36:42 – The “5 Cs” of executive communication
- 00:41:46 – Executive transition coaching and why 40% of executives fail in new roles
- 00:44:16 – The orchestra analogy: FD vs CFO leadership scope
Find out more about GrowCFO
If you enjoyed this podcast, you can subscribe to the GrowCFO Show with your favorite podcast app. The GrowCFO show is listed in the Apple podcast directory, Spotify and many others. Why not subscribe there today? That way, you never miss an episode.
GrowCFO is a great place to extend your professional network. Join GrowCFO as a free member today and participate in our regular networking events and webinars. Premium members can also access our extensive training center and CFO Digital Toolkit. You can enroll in our flagship Future CFO or Finance Leader programs here.
You can find out more and join today at growcfo.net
Podcast: Play in new window | Download
Responses