EFD also looks at developments in business processes and strategies, providing fresh insight to the rapidly changing nature of business relationships, particularly in the digital age. Having worked with finance directors for nearly a decade, we have a crystal-clear idea of who they are, and what their professional concerns are.

Editorial independence is the hallmark of EFD. Written by experienced financial journalists and experts from leading corporations, EFD is focussed on providing value-added information to readers, not sales pitches.

Content of EFD
EFD is a newsletter that finance directors will look forward to reading. The format provides a number of key virtues: it is brief, concise, incisive and focussed on real business priorities.  Our experience is that finance directors and other senior executives do not wish to read lengthy articles, and that the most important points can be distilled into this format. EFD aims to provide senior finance directors with a real and vital business advantage, discussing topical issues, providing strategies and solutions to problems, promoting best practice and being unafraid to appear controversial or opinionated when an important point needs to be made.

Editorial integrity
EFD’s Editorial Director, Andy Stern, has a detailed understanding of financial directors’ priorities, as an accomplished financial journalist and editor and having directed EFFEI operations and co-ordinated its expert working groups since 1991. He has total editorial control over EFD and is supported by an editorial committee, which has been drawn from Europe’s leading companies, across a variety of disciplines including: Finance Directors, Treasurers, Bankers, Risk Managers, IT/Software Specialists and Lawyers. This keeps EFD on the pulse of real market issues and conditions.

A real forum for advertisers to influence senior finance directors
Unlike any other newsletter covering European financial markets, EFD focuses on communicating directly to key senior finance directors, the people who choose, influence and have ultimate purchasing power approval within their organisation. This means that every copy of EFD is directly targeted to reach and influence our advertisers’ ideal customer audience, the decision maker.

Events section - a listing of up and coming conferences and events across Europe; and

Opportunity spotter - tenders for the provision of auditing and financial services from European and EU institutions.

Circulation and distribution data



Job Function Breakdown


Chief Financial Officers/Directors (68%)
Chairmen/President/Chief Executive/Managing Director & Vice President (11%)
Treasurer/Head of Treasury (19%)
Financial Controller (22%)
Chief Accountant (17%)
Partner/Owner (9%)

Members may have selected one or more of the above job functions to provide a true representation of their job title



Responsibility/decision making


Corporate Finance/Capital Markets (94%)
Mergers & Acquisitions (97%)
Managing the treasury (48%)
Debt funding (44%)
Foreign Exchange (67%)
International Banking (68%)
Domestic Banking (47%)
Risk Management (84%)
Purchasing Treasury Systems (96%)
Software (98%)
Recruitment/Executive Training (75%)
Money Management (98%)
Tax (63%)
Pensions (74%)
Insurance (64%)
Car Fleets (34%)
Property Services (38%)
Dividend Policy (44%)



Industry Sectors

Industrial and Commercial (14%)
Banking & Financial/Insurance (22%)
Telecommunications and IT (16%)
Travel/Shipping (8%)
Mechanical/Chemical/Engineering (11%)
Manufacturing/Textile/Clothing (37%)
Medical/Healthcare/Defence/Education (5%)
Retail/Distribution (24%)
Service industries (16%)



Geographical Breakdown

United Kingdom (4393 )
France (2460)
Netherlands (1051)
Italy (884)
Spain (603)
Belgium (489)
Sweden (413 )
Norway (320)
Denmark (248)
Germany (245)
Finland (228 )
Switzerland (161)
Portugal (113)
Austria (98)
Ireland (98 )
Luxemburg (53)

Plus 621 from Albania, Andorra, Belarus, Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Greece, Hungary, Iceland, Latvia, Liechtenstein, Latvia, Lithuania, Monaco, Poland, Romania, Russia, Slovakia, Slovenia, Turkey

Source of circulation data EFFEI members