Thabile Ngidi ready to step out of comfort zone


Thabile will take on an entirely new business and industry as the new CFO of Bidvest Prestige.

Thabile Ngidi is the brand-new CFO excited to head up Bidvest Prestige’s finance department.

She joins Bidvest from Toyota, where she was a franchise finance manager at NMI-DSM. “I am moving from a relatively expensive business selling Toyota cars, to selling cleaning labour, an affordable commodity. Barrier to entry is low, so competition is fierce, and the employee headcount has astronomically multiplied compared to my previous role,” Thabile explains.

Thabile has previously worked in manufacturing, construction, logistics, and the motor industry environment majority in blue-chip companies.

She adds that the new role comes with increased responsibility and accountability, and while she is a bit nervous, she looks forward to growing as a finance professional. “It is a complex business and a new industry that is out of my comfort zone. It will be a rewarding experience.”

Bidvest has always been on Thabile’s career bucket list, though, and she is ready to take on the opportunity to optimise the business. “I am cognisant that at least 70 percent of Bidvest Prestige is made up of black African women keeping hospitals, as well as the hospitality and manufacturing sectors clean and functioning daily. The company also provides entrance to the job market for many South Africans that lack education and skills. This gives me a purpose to make a difference in my role,” she says.

Thabile also looks forward to bringing her own unique leadership approach to the new role. “I have a very hands-on leadership approach and enjoy engaging and collaborating with my teams. I listen and pay attention, and I am always open to learning.”

Her first course of action as CFO will be to familiarise herself with and understand the organisation’s balance sheet and business strategy, as well as getting to know all the key stakeholders of Bidvest Prestige.

Related articles

CFO Isaac Malevu serves South Africa with pride and dedication

CFO Isaac Malevu successfully made the switch from the private to the public sector when joining the Industrial Development Corporation (IDC) four years ago. His hard work in leading the corporation through crises was ultimately what earned him the 2023 Public Sector CFO of the Year Award.

CFO Jan Hofmeyr shares his blueprint for technological transformation

Passionate about the opportunity technology can bring, 2023 Finance & Technology Award winner Jan Hofmeyr has been breaking the CFO mould at OUTsurance by driving the transformation of its finance department so it remains relevant in an increasingly digital future. He reveals how this change has affected the entire business.