Dan Marokane has been named the new group CEO of Eskom by Pravin Gordhan, minister of public enterprises.
Since the former executive, André Marinus de Ruyter, left the company earlier this year, the top position at the troubled State power utility has been vacant.
At a special Cabinet meeting on Friday, the issue of who should be named as his successor was discussed.
Marokane had previously been declared the front-runner.
Additionally, senior Eskom executives support Dan Marokane’s bid for the CEO position.
The newly appointed Eskom boss has previously worked in the company’s group executives and capital departments.
By no later than March 31, 2024, Marokane is anticipated to assume control of Eskom.
The minister’s office claims that after he has finished the handover procedure with his current employer, the precise start date will be disclosed.
Marokane, a licensed chemical engineer,” thrives on challenges, has the drive to energetically tackle the challenges confronting Eskom and is also ethically grounded,” according to the statement.
In addition, the Department of Public Enterprises emphasized his work experience in “distressed organizations with visible and pressurized turnaround mandates,” citing his recent ascension to the position of CEO of Tongaat-Hulett.
Tsepo Monaheng was named the new group CEO of State arms manufacturer Denel, according to Gordhan.