Eskom’s new CEO: You’re up

Connie Queline

Eskom’s new CEO: You’re up

In what many have called “the toughest job in the country,” Dan Marokane bravely assumed his new position as Eskom’s chief executive on 1 March 2024.

A statement released by the power utility said that Marokane re-joined the organisation at a time when it faces an “existential challenge and is undergoing significant changes that require hands-on, bold, and decisive leadership.”

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Eskom’s chair, Mteto Nyati, expressed optimism about Marokane’s return to the power utility, highlighting his confidence in the CEO’s abilities, leadership, and the dedication of Eskom’s staff.

“We expect Dan and his leadership team to accomplish at least two critical tasks. First, they must address the current business challenges. Load shedding must become a thing of the past. Second, they need to reposition and restructure Eskom to enable growth and sustainability,” said Nyati.

The board has also provided Marokane with a list of tasks to address during his first 100 days in the role, including assessing the generation operational recovery plan, reviewing Eskom’s unbundling plans and engaging with internal and external stakeholders.

The statement emphasised the importance of the first 100 days for Marokane to gain essential insights about Eskom and the industry. It also stated that the CEO should be prepared to engage with the media at the end of this critical period.

“Dan has the full support of the Eskom board. Eskom employees are excited to welcome him back into the organisation. We invite all South Africans to rally behind him as he steers Eskom toward stability, reliability and sustainability,” concluded Nyati.

Terri-Ann Brouwers is a Moneyweb intern.

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