Eskom CEO appointment weeks away

Minister of public enterprises, Lynne Brown, has announced that the new CEO of Eskom will be appointed within weeks.

In a briefing to the Joint Parliamentary Committee on Energy and Public Enterprises, Brown said that she was treating the appointment of a permanent CEO with urgency.

Former Eskom CEO, Brian Dames stepped down from the position at the end of March 2014, and was replaced by former National Energy Regulator of SA chairman, Collin Matjila, in an acting capacity.

“This is why I intend taking this matter to cabinet soon with a view to announce a new appointment latest by mid-August. Following this, I have urged the Board to move rapidly to fill all the other critical vacant executive positions to ensure the sustainability of the Company,” said Brown.

She added that the Eskom needs to adapt to the changing environment and be agile.

The energy policy and regulatory environment has also been characterised by uncertainties particularly in relation to energy security and the associated costs, future planning and the anticipated end state of the industry.

However, an interdepartmental task team comprising of the Departments of Public Enterprises, Energy and National Treasury have been working with Eskom and the National Regulator to  formulate a solution to the immediate challenges facing the parastatal.

The minister said the final report should be presented by September to the Energy Security Cabinet Sub-Committee and later to Cabinet.

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Eskom CEO appointment weeks away