IOL reports that the search for a new Eskom chief executive officer (CEO) is still ongoing after its former CEO Andre de Ruyter left the utility earlier this year.
The question on how far the process of appointing a new CEO had progressed was posed during a media briefing by Electricity Minister Dr Kgosientsho Ramokgopa on Sunday. While Ramokgopa advised that Minister of Public Enterprises, Pravin Gordhan would be able to provide more detail on the CEO appointment, a government communications officer indicated that only one out of 147 candidates in the global search had been recommended, but was later rejected by government (which is the sole shareholder). Despite reviewing the “high calibre” of approximately 147 candidates for the top job, the selection outcome had not yet yielded a clear cut set of candidates. The Board deliberated on the Shareholder Directive at its sitting in early September and agreed to revise its recommendations. “When the Board submitted the initial submission, upon conclusion of the selection process, it was fully cognisant of the provisions of Section 14.3.2 of the MOI [Memorandum of Incorporation] which requires that the submission clearly profile three appointable candidates. The Board emerged with a single appointable candidate. The recommendation was subsequently turned back by the Shareholder who did not concur with the recommendation as it was deemed to not fully meet the requirements of clause 14.3.2. of the MOI,” the communication officer indicated. Ramokgopa said the Board’s Governance and Strategy Committee was working on finding a CEO to run Eskom and an announcement would be made by Eskom once that process had been concluded.
- Read the full original of the report in the above regard by Kailene Pillay at IOL
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