South Africa – Sunday, December 10, 2023
Public Enterprises Minister Pravin Gordhan has announced the appointment of Dan Marokane as the new Group Chief Executive of Eskom .
Marokane is a qualified Chemical Engineer, who has a MBA and is a seasoned executive with more than 20 years senior leadership experience, the Department of Public Enterprises said on Friday .
He is expected to join Eskom no later than 31 March 2024 .
“The advertisement for the post attracted 409 applications .
From this process, 12 prospects qualified to further steps in the selection process .
“[Marokane] has experience working in distressed organisations with visible and pressurized turnaround mandates .
His recent assignment is at Tongaat-Hullet, where he stepped up to lead this financially distressed business when its Group Chief Executive resigned .
“Mr Marokane was a senior manager in Eskom from 2010 to 2015, holding various senior positions, including head of Group Capital in Eskom,” the department said .
Marokane was one of four senior managers suspended during the State capture period .
He subsequently resigned and went into the private sector .
“Mandatory checks, which include criminal and credit checks, verification of identity, qualifications, directorships, and establishment of conflicts of interest were completed,” the department said .
The date of commencement will be announced once Marokane has concluded the handover process with his current employer .
“Mr Marokane thrives on challenges, has the drive to energetically tackle the challenges confronting Eskom and is also ethically grounded .
“The Board has been requested to constitute a professional, skilled and committed executive team that will collectively lead Eskom through a complex but exciting journey, including achieving energy security for our people and the economy, implementing the Eskom Just Energy Transition and concluding the restructuring of Eskom,” Gordhan said .
The Minister thanked the Board for conducting a competitive and transparent process for the appointment of the GCEO .
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