Bridgestone’s executive director of finance, Mikaeel Tayob received the Young CFO of the Year Award, and also walked away with the High-Performance Team Award.
He was honoured on 13 November at the “Oscars of Finance”, which took place at the Polo Room, Inanda Club in Sandton, Johannesburg.
Mikaeel, who took on the FD role in 2023, has supported the transformation agenda by focusing on end-to-end profitability, sustainability and restructuring of loss-making businesses. The result was a R900 million profit turnaround in three years. Bridgestone was the first tyre manufacturer in South Africa to receive Level 1 B-BBEE rating, up from Level 7 three years earlier, with Mikaeel focusing on procurement and skills development.
“It is very difficult to express how I feel right now, this award goes out to my parents (late Aneez and Firoza Tayob) who were the biggest supporters of my career; this award is also dedicated to my wife sitting here, who has been the second biggest supporter in my life,” Mikaeel said during his Young CFO of the Year Award acceptance speech.
“This is for Bridgestone and a wonderful recognition of the work we have done in the last 4 years so well done to all of you. I am deeply humbled by this award,” he added.
Speaking to his brothers, Shehzaad and Mujtaba, they expressed immense pride in Mikaeel’s achievements and the recognition he has earned. Both brothers spoke highly of Mikaeel's dedication, hard work, and the incredible transformation he has led at Bridgestone.
Laudium Today would like to extend its heartfelt congratulations to Mikaeel on his well-deserved recognition. We wish Mikaeel continued success in his career and look forward to seeing even more great things from him in the future. Well done, Mikaeel!
