Meet Young CFO of the Year Award winner Umar Banda

City of Tshwane CFO says it was the support of his team that made him grow in his profession.

At the CFO Awards on 15 May 2019, City of Tshwane CFO Umar Banda was on the receiving end of the Young CFO of the Year Award. Presenting the award was Zuko Mdwaba, regional managing director of Workday, which sponsored the award. 

In his acceptance speech, Umar said that it is important for young people to have an opportunity to lead and demonstrate their skills in the finance industry. 

He said: 

“A lot of CFOs and senior executives are close to retirement. When I started at the City of Tshwane, I never thought I'd be the CFO. But it was with the support of my team that I grew in my profession. This country needs young people to provide ethical leadership to get the country out of the mess.”

Umar will be sharing his story at the 2019 Finance Indaba. 

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Umar graduated from the University of Pretoria with a B.Com in accounting in 2004. He then worked at KPMG for several years before moving to the Auditor General’s office as an audit manager in 2012. In 2014 he was appointed as the acting CFO of the City of Tshwane. He was officially appointed to the post in 2017. 

Umar has earned an Executive Excellence and Leadership Programme focused in leadership from Gordon Institute of Business Science and is a registered training officer for the City of Tshwane Chartered Accountants Training Programme (CATP).