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News24Wire reports that Eskom announced on Friday that the power utility’s chief financial officer (CFO) Calib Cassim has been appointed as interim CEO following the abrupt departure of André de Ruyter.
De Ruyter was initially set to leave Eskom at the end of March, but late on Tuesday night it was announced that he was out with immediate effect. This followed an explosive television interview in which De Ruyter said a "senior politician" was involved in corruption at Eskom. Cassim has been with Eskom since 2001, and was a former head of the utility's regulation department. He became CFO in 2018, replacing Anoj Singh. Singh, formerly a Transnet executive, is currently out on bail following charges of corruption during his time at the rail company. Cassim is a registered Chartered Accountant and holds a Master’s degree in Business Leadership (MBL). Eskom's chief operating officer, Jan Oberholzer, retires in April after five years in the job. Earlier this month, the Eskom board said it planned to scrap the COO position.
- Read the full original of the report in the above regard at Mining Weekly
- See too, Eskom appoints Calib Cassim as acting CEO, at Moneyweb
Get other news reports at the SA Labour News home page