Eskom’s new CEO, Dan Marokane, to start on 1 March 2024

Eskom’s new CEO, Dan Marokane, will assume office on 1 March 2024.

PHOTO - Eskom: Newly ap[pojnted CEO, Dan Marokane

This was announced by the beleaguered parastatal on Friday. Marokane's appointment to the top job was announced in December 2023, with the Public Enterprises Minister, Pravin Gordhan, saying he would be at his new desk no later than the end of March.

“On behalf of the Eskom Board, I officially welcome Dan to the organisation. Eskom employees were excited to hear that Dan will rejoin the company. They remember his hands-on leadership style that is needed right now,” said Mteto Nyati, Eskom Board Chairman.

“The Board wishes him well as he steers Eskom in the right direction and leading its turnaround from the front. We have confidence in his capabilities, as well as those of the leadership and staff of Eskom, to turn the organisation around,” added Nyati.

Marokane is no stranger to the embattled parastatal - he returns to Eskom after he and three other senior executives were suspended following an ethical stand they took a
gainst state capture, fraud and corruption.

He is a qualified Chemical Engineer who has an MBA and a seasoned executive with more than 20 years senior leadership experience. He previously was the CEO of Tongaat-Hulett.

Marokane’s appointment follows the abrupt exit of former Eskom CEO Andre De Ruyter. The group’s Chief Financial Officer, Calib Cassim, served as interim CEO.

“The Board also expresses its deepest gratitude to Calib Cassim for his leadership and the stability he brought as the Acting Group Chief Executive. His dedication and commitment as well as his efforts to keep management and staff focused and motivated, have not gone unnoticed. Through his stewardship, Eskom managed to navigate through challenges and achieved significant milestones,” said Mteto Nyati, Eskom Board Chairman.

 

Done By: Mitchum George