Cabinet appointed Waseem Carrim as the new chief executive of the Road Accident Fund (RAF) on 23 September 2026, following his tenure in an acting capacity. Carrim steps into the role as the entity faces Parliamentary scrutiny over its financial management, claims processing delays, and overall governance.
Waseem Carrim’s Public Sector Track Record
Carrim brings extensive experience managing major public entities to his new role at the RAF. He previously served as chief executive of the National Youth Development Agency (NYDA) and held the position of chief financial officer at the National Student Financial Aid Scheme (NSFAS). In March 2025, he stepped in as acting CEO of NSFAS following the conclusion of administrator Freeman Nomvalo’s term.
During his leadership at the NYDA, the agency achieved nine consecutive clean audits and successfully expanded its budget from R400 million to R1.5 billion.
SCOPA and SIU Investigations Target RAF
The Standing Committee on Public Accounts (SCOPA) has maintained an active inquiry into the RAF, scrutinizing its internal controls, procurement practices, legal expenditures, and audit outcomes.
Concurrently, the Special Investigating Unit (SIU) is probing multiple matters within the fund. These investigations encompass irregular procurement, financial management issues, and duplicate payments.
Claims Backlogs Spark Calls for Urgent Reform
Road accident victims continue to face substantial delays in receiving compensation from the fund.
Waseem Carrim led National Youth Development Agency through nine clean audits
During Waseem Carrim’s tenure leading the National Youth Development Agency, the organization secured nine consecutive clean audit outcomes while growing its operational budget from R400 million to R1.5 billion.
Cabinet appointed Waseem Carrim as chief executive of the Road Accident Fund
Who is the new CEO of the Road Accident Fund?
Waseem Carrim was appointed as the chief executive of the RAF by Cabinet on 23 September 2026, after previously serving in an acting role.
What previous public sector roles has Waseem Carrim held?
Carrim previously served as the chief executive of the National Youth Development Agency and as the chief financial officer and acting CEO of the National Student Financial Aid Scheme.
Why is the Road Accident Fund currently under parliamentary scrutiny?
The RAF faces oversight from SCOPA and investigations by the Special Investigating Unit due to concerns regarding financial management, governance, procurement, legal costs, and delays in processing victim compensation claims.
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