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This statement describes the role and responsibilities of CFOs in these organisations. It builds heavily on CIPFA’s Statement on the Role of the Chief Financial Officer (CFO) in Public Services and applies the principles and roles set out in that document to clinical commissioning groups.The CFO occupies a critical position in any organisation, holding the financial reins of the business and ensuring that resources are used wisely to secure positive results. While the global financial crisis and economic downturn have made these tasks even more challenging, they have also underlined the fundamental importance of the role. Achieving value for money and securing stewardship are key components of the CFO’s role in public service organisations.