NYDA CFO Waseem Carrim now CEO 

Waseem Carrim is one of South Africa's youngest CEOs, having been promoted recently from CFO.

The National Youth Development Agency (NYDA) has appointed Waseem Carrim as its new chief executive officer. Carrim, who has been with the Agency for four years, has been acting as CEO for the past four months, following the resignation of Khathu Ramukumba.

The Agency has praised Carrim for the work he did turning around its finances. NYDA said in a statement:

“Mr Carrim has served as the chief financial officer (CFO) for the NYDA since 2014. During this period, he has presided over the turnaround of the NYDA finances. The organisation has moved from a dire financial state to a viable one. Over the past three financial years, the NYDA has moved from an organisation characterised by wasteful and fruitless expenditure to the tune of R100 million to an organisation of clean audit opinion. In the last financial year, fruitless and wasteful expenditure amounted to R0.”

Currently only 30 years old, the promotion makes Carrim one of South Africa’s youngest-ever CEOs.