Yusuf Bodiat


Job Title: CFO

Company: FEM


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, Yusuf has been nominated for the 2022 CFO Awards.

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

2009 – 2010         Higher Diploma in Accounting, Wits
2005 – 2008         B.AccSc, Wits
2000 – 2004         Matric, Parktown Boys’ High

About FEM: The Federated Employers Mutual Assurance Company (RF) was established as a mutual insurer in 1936 and on the introduction of the Workmen’s Compensation Act 1941 was granted a licence to continue to transact workmen’s compensation insurance for the building industry. Its business operations are essentially confined to the insurance of employers against their liabilities under the Compensation for Occupational Injuries and Diseases Act 1993. 

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The CFO’s automation journey: A marathon, not a sprint

Experts, including FEM’s Yusuf Bodiat, Momentum’s Estelle and Alteryx’s Russ Mills, discuss the benefits automation holds for CFOs when it comes to planning for the future during a CFO South Africa webinar.