Caicedo, who is just 23 years old, was voted Chelsea's player of the year after a series of impressive performances in both domestic and continental competitions.
He played all 38 of Chelsea's Premier League games, making him the first player to do so since Cesar Azpilicueta in the 2018/2019 season.
Makelele expressed his happiness at seeing young players like Caicedo take on key roles in the team, saying that the defensive midfield position is now widely recognized as crucial to the game.
He also praised the growth of recognition for midfielders, citing the examples of Rodri and Pedri as players who are now widely acclaimed for their skills.
Makelele, who has a close relationship with Caicedo, praised the young player's humility and work ethic, and expressed his confidence in Caicedo's ability to succeed at Chelsea.
Looking ahead, Makelele believes that Chelsea has the potential to be successful, and that the team needs to build on its current momentum by winning the Club World Cup.