FEM: Yusuf Bodiat

Yusuf Bodiat has been the CFO at The Federated Employers Mutual Assurance Company since 5 February 2019.

Yusuf Bodiat is a qualified Chartered Accountant and holds a Bachelor of Accounting Degree from the University of the Witwatersrand and is also a member of the South African Institute of Chartered Accountants (SAICA). 

Yusuf worked for Deloitte, where he gained experience in insurance, banking, medical aid, pension funds, private equity and parastatal industries, and was the acting chief financial officer of Lion of Africa Insurance.

He was appointed as the chief financial officer at The Federated Employers Mutual Assurance Company (FEM) on 5 February 2019. 

Work
2019 - Present    Chief Financial Officer, FEM
2018 - 2019         Acting Chief Financial Officer, Lion of Africa Insurance
2017 - 2019         Public Officer, Lion of Africa Insurance
2016 - 2019         Pension Fund Manco: Chairman, Lion of African Insurance
2016 - 2018         Manager: Financial and Regulatory Reporting, Lion of Africa                                         Insurance
2014 - 2016         Audit Manager: Financial Services Team, Deloitte
2014 - 2014         Audit Senior: USA Secondment, Deloitte
2011 - 2013         Audit Trainee: Financial Services Team, Deloitte
2008 - 2008         Tutor: Business Accounting, Wits University 

Education
2009 - 2010         Higher Diploma in Accounting, Wits
2005 - 2008         B.AccSc, Wits
2000 - 2004         Matric, Parktown Boys’ High

About FEM: The Federated Employers Mutual Assurance Company (RF) was established as a mutual insurer in 1936 and on the introduction of the Workmen’s Compensation Act 1941 was granted a licence to continue to transact workmen’s compensation insurance for the building industry.

Its business operations are essentially confined to the insurance of employers against their liabilities under the Compensation for Occupational Injuries and Diseases Act 1993.