After serving as the company’s interim FD for the last five months, Zaid Manjra shares his excitement to step into the FD role on 1 December.
Zaid Manjra, who has been serving as the interim FD at Woolworths since Reeza Isaacs announced his intentions to step down in July, will step into the role of FD on 1 December.
“Woolworths is a fantastic business with an amazing brand which is driven by its purpose and committed to its values, and I am proud to be part of its leadership team,” Zaid said.
He explained that it’s a great honour and pleasure to be appointed into the role. “Having been in the interim role, I’m fully aware of the responsibility that comes with it and I’m confident and excited to take it on.”
Read more: Woolworths announced new interim CFO Zaid Manjra
“Woolworths is on a growth journey with many exciting opportunities to further its growth ambitions. We also have a phenomenal team within the group to deliver those ambitions,” he explained, adding that he looks forward to being part of the team that contributes to and shapes this growth.
According to the company, Zaid will also be appointed as a member of the Woolworths treasury committee, as well as the risk, information and technology committee.
Asked what he hopes to bring to the role, Zaid said:
“I plan to bring an infusion of renewed energy and increased collaboration across the different parts of the business.”
He also hopes to bring a fresh look at how leaders show up in the complex, uncertain and volatile environment that they operate in.
“How we prioritise our investments and use our capital to create the most value in the long term is top of my mind. In addition, we have a great team of people. How we collectively and individually work together so that the business can achieve its immense potential will also be one of my priorities.”
Zaid is a qualified CA(SA) with more than 30 years of post-qualification experience, 15 of which he has spent with Woolworths.
