Job Title: Head of Finance and Investment
Company: African Risk Capacity Limited
Yusuf Bodiat is a qualified CA(SA) and holds a bachelor of accounting degree from the University of the Witwatersrand. He is also a member of the South African Institute of Chartered Accountants (SAICA). Yusuf started his working life at Deloitte, where he gained experience in insurance, banking, medical aid, pension funds, private equity and parastatal industries, and was the acting CFO of Lion of Africa Insurance. He was appointed as the CFO at The Federated Employers Mutual Assurance Company (FEM) in February 2019.
Yusuf also joined the board of Legal Expenses Insurance Southern Africa Limited (LEZA) as an independent non-executive director in February 2022.
For his work as the CFO of FEM, Yusuf was nominated for the 2022 CFO Awards.
Work
2024 - Present Head of Finance and Investment, African Risk Capacity Limited
2019 – 2024 Chief Financial Officer, FEM
2018 – 2019 Acting Chief Financial Officer, Lion of Africa Insurance
2016 – 2018 Manager: Financial and Regulatory Reporting, Lion of Africa Insurance
2014 – 2016 Audit Manager: Financial Services Team, Deloitte
2014 – 2014 Audit Senior: USA Secondment, Deloitte
2011 – 2013 Audit Trainee: Financial Services Team, Deloitte
Education
2009 – 2010 Higher Diploma in Accounting, Wits
2005 – 2008 B.AccSc, Wits
2000 – 2004 Matric, Parktown Boys’ High
About ARC: Founded in 2014, the African Risk Capacity Limited is a hybrid mutual insurer and financial affiliate of the African Risk Capacity Group. The organisation provides parametric insurance services to AU Member States and farmer organisations, employing innovative financing mechanisms to pool disaster-related risk across Africa and transferring it to international risk markets.
