Value-creating chief data officers: Cementing a seat at the top table - Hong Kong cut
July 2023
In 2021, PwC launched its first study into the role of the CDO—a position we defined based on seniority, role in the organisation, and scope of work, rather than just job title. Since then, the role of the CDO has rapidly gained prominence across the globe, with 27% of leading firms now having a CDO in place.
Despite the gaining popularity, Asia Pacific remains to be the lowest proportion of global top companies with a CDO role and only 6% of companies in Hong Kong have a CDO. This article explores the reasons behind the emergence of the CDO role in Hong Kong, the challenges faced by these executives, and the future of this crucial position.
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