Public Enterprises Minister Pravin Gordhan has appointed Dan Marokane as the new CEO of Eskom.
PHOTO - Eskom: Dan Marokane appointed Eskom's new CEOThis follows the abrupt exit of former Eskom CEO Andre DeRuyter. The group’s Chief Financial Officer, Calib Cassim, served as interim
CEO following de Ruyter’s exit.
Marokane 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 is no stranger to the beleaguered parastatal - he returns
to Eskom after he and three other senior executives were suspended following an
ethical stand they took against state capture, fraud and corruption.
According to Mteto Nyati, Chairman of the Eskom Board, the
appointment of Marokane follows a long, rigorous and meticulous recruitment
process.
“He has experience working in distressed organisations with
visible and pressurised turnaround mandates. Dan has experience in managing
complex strategic, operational and commercial turnaround across the private and
public sectors. He also has in-depth knowledge of the Eskom environment. He
leads from the front. He will hit the ground running. That is what Eskom and
South Africa need right now.’’
“We are delighted to have him on board and are confident
that he, the executive committee and the Board will work well together in
rebuilding an Eskom of tomorrow that is anchored on high performance culture,” added
Nyati.
The newly appointed Eskom CEO says he is looking forward to
rejoining the state owned entity.
“It is an honour to be chosen to lead Eskom at this
critical juncture in its history. I look forward to working with the leadership
team, Eskom Board, the Shareholder and other key stakeholders to accelerate
implementation of the Generation Recovery Plan, the creation of transmission
capacity as well as other critical Eskom priorities and chart a path to a
sustainable future for Eskom. If it is to be, it is up to us,” said Marokane.
Eskom said he will join the power utility no later than 31 March 2024.
Done By: Esona Mfazwe
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