Kagiso Lerutla is a remarkable financial leader who has made a significant impact in the public sector. As the Group Chief Financial Officer of the City of Ekurhuleni, which is one of the biggest municipalities in South Africa, he is responsible for managing an annual budget of over R50 billion, which is a huge undertaking. His background as a Chartered Accountant has equipped him with the necessary skills and knowledge to excel in this role, and his commitment to excellence is evident in the three consecutive clean audit opinions he has received from the Auditor General of South Africa.
Kagiso’s achievements in his career are remarkable. He was appointed the youngest Group Chief Financial Officer at the age of 33, a clear indication of his abilities and potential. He is highly regarded in the financial management and public sector management industry and has made significant contributions to the continued financial stability and sustainability of the city. His strategic vision and integrity have helped to position the City of Ekurhuleni for long-term growth and success.
Kagiso’s leadership and financial management skills have been recognized, and he has been nominated for the 2022 public sector CFO Awards for his outstanding work as the group CFO of the City of Ekhurhuleni. This is a testament to his dedication and commitment to delivering results for organizations and their stakeholders.
Kagiso’s approach to financial management is focused on generating public value, which is critical in the public sector. He understands the importance of ensuring that public funds are managed effectively and efficiently, and that they are directed towards projects and initiatives that benefit the community. He is committed to driving positive results and has a track record of delivering tangible outcomes that benefit the City of Ekurhuleni.
Kagiso has emphasised the importance of introducing financial literacy from primary school. The importance of financial literacy cannot be overstated in today’s world, as it is crucial for individuals to make informed financial decisions and manage their finances effectively. Kagiso Lerutla CA(SA) has rightly highlighted the need for financial literacy to be taught in primary education. Lack of financial literacy among young South Africans has led to various financial problems such as debt and poor financial decisions. Teaching financial literacy in primary education would equip children with the necessary skills and knowledge to make sound financial decisions in the future. Additionally, financial literacy would help children understand the importance of saving and investing, which would benefit them in the long run. It is essential for the government and educational institutions to prioritize financial literacy in primary education to ensure that future generations are financially literate and responsible, ultimately contributing to the country’s economic growth.
Kagiso’s success as a financial leader can be attributed to his ability to balance technical expertise with a strategic vision. He understands the importance of financial best practices but also recognizes the need to innovate and adapt to changing circumstances. He is a valuable asset to the public sector and is widely regarded as a leading practitioner in financial management and public sector management.
In conclusion, Kagiso Lerutla CA(SA) is an outstanding financial leader who has made a significant impact in the public sector. His commitment to excellence, strategic vision, and integrity have helped to position the City of Ekurhuleni for long-term growth and success. He is a valuable asset to the public sector, and his contributions have been instrumental in driving the continued financial stability and sustainability of the city. His achievements are remarkable, and he is undoubtedly a role model for aspiring financial leaders.