Woolworths: Reeza Isaacs

Reeza Isaacs has been the Group Finance Director of Woolworths Holdings since 26 November 2013.

Interview: Reeza Isaacs CFO of the Year 2016.

Reeza Isaacs joined Woolworths in June 2013 as Deputy Chief Financial Officer, and was appointed Finance Director in November 2013. He was previously the senior partner for the Western Cape EY office and a partner from 1999. Reeza has worked across multiple business sectors, including manufacturing, retail, oil, gas, asset management and insurance and with a wide variety of entities, including, listed, private and owner-managed entities. He served as the Lead Partner for several of EY’s largest Cape Town clients, including Engen, Coronation, Woolworths, Metropolitan Life, Sanlam and Truworths. He is a member of the Risk and Compliance Committee. He has a B.Com from the University of Cape Town. Reeza was awarded the CFO of the Year award of 2016 from CFO South Africa. 

Work
2013 – Present    Group Finance Director, Woolworths Holdings Ltd
2013 – 2013         Deputy Chief Financial Officer, Woolworths Holdings Ltd
2010 – Present    Executive Director, Woolworths Holdings Ltd
2010 – 2012         Engagement Partner, Woolworths Holdings Ltd
2011 – 2013         Regional Senior Partner, EY
2010 – 2011         Managing Partner, EY
2007 – 2010         Leader of Audit Business, EY
1999 – 2013         Partner, EY
1991                       Article Clerk

Education
1987 – 1991         B.Com, Accounting, UCT
1985                       Matric, Belgravia High School.

About Woolworths Holdings Ltd: Woolworths Holdings Limited is one of the top 40 companies listed on the JSE Limited Securities Exchange (JSE) with operations across the southern hemisphere. It has grown into a leading retail group with a strong presence in South Africa and Australia as well as in another 11 countries in Sub Saharan Africa and in New Zealand. The group has three major operating divisions:

Woolworths South Africa (Woolworths or WSA) based in South Africa and operating across another 11 countries in sub-Saharan Africa, David Jones (David Jones or DJ) based and trading in Australia and New Zealand, and Country Road Group (Country Road Group or CRG) based in Australia and trading in Australia, New Zealand and South Africa.

Woolworths Financial Services (WFS) is a joint venture between Woolworths and Barclays Africa Group, with Barclays Africa Group owning a 50% + 1 share. The WFS board is constituted with directors from both WHL and Barclays Africa Group, with direction on credit policy, risk, and funding aspects received from Barclays and direction on customer integration from Woolworths.

Woolworths reported a revenue of R74,3 billion in 2017 with 44 520 employees.