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Celebrating success: Jennifer Reddy's journey to becoming Private Sector CEO of the Year 2025
Celebrating success: Jennifer Reddy's journey to becoming Private Sector CEO of the Year 2025

IOL News

time6 days ago

  • Business
  • IOL News

Celebrating success: Jennifer Reddy's journey to becoming Private Sector CEO of the Year 2025

Jennifer Reddy, CEO of Morar Incorporated. Image: Supplied JENNIFER Reddy, the CEO of Morar Incorporated, celebrated her second win this year, winning the Private Sector CEO of the year 2025. The 40-year-old said the celebration was double with her company commemorating its 30th anniversary. Morar Incorporated specialises in assurance and advisory services with six national offices serving clients across the country and internationally. 'We are a financial services consulting firm with six offices across the country, providing a full range of audit, assurance, and advisory services to clients in various sectors.' Reddy came from humble beginnings and said she owed her success to her mother. 'My most significant source of inspiration is my mother. She showed me at an early age that nothing is impossible and that hard work always pays off. My mother worked extremely hard to pay off my bursary so that I could pursue my dream of becoming a chartered accountant and serve articles with one of the big 4 audit firms. 'She then also stepped in when I decided to pursue my Master's in business administration, which required me to travel away from home frequently, and she would help take care of my two young daughters.' Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ That was why, she said, she was proud to have been awarded the Private Sector CEO of the Year 2025 by the African Women Chartered Accountants Forum (AWCA) organisation for her hard work. 'AWCA is an NPO founded in 2002 to accelerate the advancement of black, Indian, and coloured women within the chartered accountancy profession. This recognises the impact I made within the profession and the strides I took to lead and empower others.' Earlier this year, she also received the Top CEO of the Year in Financial Solutions award from the International Association of Top Professionals (IAOTP) for 2025. 'The IAOTP recognised my track record in leading Morar Incorporated to sustained growth, expanding to six national offices, delivering innovative financial solutions, and maintaining exceptional client service standards. They also considered leadership impact, industry contribution, and commitment to community engagement.' Reddy said while the IAOTP award focused on her global leadership and contributions within the financial solutions industry, the AWCA recognition celebrated excellence within the African private sector. It highlights not just business performance, but also mentorship, empowerment, and creating opportunities for others in the profession. 'I am deeply honoured, but no, I did not anticipate receiving two such significant awards in one year. My focus has always been on leading with integrity, delivering results, and making a positive impact. The recognition is a humbling reminder that the work we do resonates beyond the office walls.' She said the biggest challenge in the past year had been maintaining a healthy work-life balance. 'Prioritising work to the extent of neglecting my health had taken a toll on me, and I suffered the health effects of burnout. Also, being a working mum, you always put your own needs last. When I had fallen ill, I realised I needed to prioritise my health, and this was not just for me and my family, but for my firm as well. 'I sought proper medical treatment and began exploring ways to relax and unwind, like learning the game of golf, rebounding, and developing a well-balanced exercise routine.' She said as a woman CEO, receiving back-to-back awards, was proof that there are no limits to what women could achieve in leadership. 'It is a message to every aspiring woman leader that your vision, expertise, and voice are needed, not someday, but now. We don't have to fit into anyone else's mould to succeed; we can lead authentically, break barriers, and redefine what leadership looks like. Every time one of us rises, we create a path for many more to follow." Reddy said that young women who wanted to join business should be unapologetically ambitious. 'Build your expertise so your value is undeniable, and surround yourself with mentors who will challenge and champion you. Do not wait for permission to lead. Step forward, speak up, and take the opportunities others might hesitate to grab. And remember, leadership isn't about being perfect. It's about being courageous, learning quickly, and lifting others as you rise,' said Reddy. The POST

Jennifer Reddy's inspiring journey to becoming CEO of the Year 2025 at the AWCA Women of Substance Awards
Jennifer Reddy's inspiring journey to becoming CEO of the Year 2025 at the AWCA Women of Substance Awards

IOL News

time7 days ago

  • Business
  • IOL News

Jennifer Reddy's inspiring journey to becoming CEO of the Year 2025 at the AWCA Women of Substance Awards

Post-ceremony, Jennifer Reddy beams with pride as she holds the Private Sector - CEO of the Year 2025 award, a testament to her commitment to leadership and empowerment in the financial sector at the AWCA Women of Substance Awards. Image: Supplied Jennifer Reddy, chief executive officer of Morar Incorporated, has been awarded the Private Sector - CEO of the Year 2025 at the African Women Chartered Accountants (AWCA) of South Africa's Women of Substance Awards. This prestigious recognition honours women who demonstrate outstanding leadership, influence, and impact in the financial and corporate sectors across the continent. Appointed as CEO of Morar Incorporated in 2022, Reddy leads the firm's national operations across ten offices. Speaking after receiving the award, Reddy said she did not anticipate receiving it so soon in her career. 'I am deeply honoured. My focus has always been on leading with integrity, driving growth, and empowering others.' Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ This recognition is a humbling affirmation that those efforts are making a meaningful impact, she said. 'Winning this award is incredibly motivating. It validates not only my personal journey but also the collective hard work of everyone at Morar Incorporated. It inspires me to continue pushing boundaries and supporting emerging leaders, especially women, in the profession.' Reddy attributes the key to her success to her resilience, clear vision, and commitment to continuous learning. She champions authentic leadership, cultivating a culture rich in innovation and collaboration. 'Surrounding myself with talented people and prioritising mentorship has also been vital to our collective growth. Above all, my faith in God has been my guiding strength through every challenge and decision.' Reddy expressed her ambition to expand Morar's national and international footprint while enhancing the company's impact through innovation and client-centric solutions. 'I'm also passionate about creating more opportunities for women and emerging leaders to thrive in the financial services industry.' She added that leadership is not just about titles or accolades; it's about creating positive change and inspiring those around you. 'I am grateful for the journey so far and excited about what lies ahead. To anyone facing challenges, remember: within every crisis lies an opportunity.' Reddy encourages other CEOs to fiercely believe in their vision and lead unapologetically. 'Don't wait for permission to step into leadership, own your space and lift others as you rise. Your authentic voice is your greatest asset, and together, we can break barriers and redefine leadership.' Announcing the achievement of its CEO, Morar, which was recognised as one of the KZN Top 20 Businesses last year, stated that the company is 'proud' of Reddy, as under her direction, the proudly black-owned Level 1 BBBEE professional services chartered accountancy and consulting firm has cemented its reputation as a leader in innovative and client-centric financial solutions. With nearly 20 years in the financial services industry, Reddy has held multiple leadership roles and played a pivotal part in expanding the firm's advisory, audit, tax, and forensic capabilities. She holds a CA(SA), RA, MBA (GIBS), and CFE, and has been internationally recognised for her impact, most recently named 'Top CEO of the Year in Financial Solutions' by the International Association of Top Professionals in 2025, said Morar. Reddy also serves on the Allinial Global EMEIA Board and Africa Steering Committee, advocating for global collaboration and inclusivity. 'Her award not only marks a personal milestone but also highlights the growing influence of inclusive leadership in South Africa's corporate landscape,' said Morar. Speaking at the 2024 KZN Top Business Women Initiative last year, where Morar was the principal sponsor, Reddy said after taking the helm of the firm, she underwent rapid learning and had to contend with daily challenges and pressure. As the leader, she bore the ultimate responsibility for all business challenges, encountering every conceivable obstacle.

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