Image

Eskom named Mpho Makwana as chairperson of the board

Public enterprises minister Pravin Gordhan has announced the recent appointment of business leader and Nedbank chairperson Mpho Makwana as chairperson of the new board of Eskom, effective  October 1st,2022.

Other board members are: Dr Busisiwe Vilakazi, Lwazi Goqwana, Clive le Roux, Leslie Mkhabela, Mteto Nyati, Fatima Gany, Ayanda Mafuleka, Dr Tsakani Mthombeni, Dr Claudelle von Eck, Tryphosa Ramano, Dr Rod Crompton and Bheki Ntshalintshali.

Crompton will be the only member from the previous board to serve on the new one to ensure continuity.

CEO Andre de Ruyter and CFO Calib Cassim will be executive members of the board.

The term of office for the new board will be three years.

Gordhan said the new board was approved on Friday after a cabinet briefing.

Makwana is currently the Independent Non-Executive Chairman of JSE-listed Arcelor Mittal South Africa Limited as well as chairperson of the Nedbank group.

He is no stranger to Eskom, having previously first served as a Non-Executive Director of the state-owned entity between 2002 and 2011.

Former Congress of South African Trade Unions (Cosatu) general secretary Bheki Ntshalintshali was also appointed to the board.

Gordhan said he met the previous board and informed it of the imminent changes on Tuesday. He said one board members resigned after the meeting.

Gordhan said Dr Rod Crompton will be retained on the Eskom Board of Directors to ensure continuity.

“The executive directors will be the CEO, Mr Andre de Ruyter, and the CFO, Mr Calib Cassim. The new board brings broad experience, expertise and skills that will provide stability and strategic direction to the entity. Their task will be to reposition Eskom to play a key role in the energy sector.”

Related Posts

VFD Group appoints Ijeoma Emezie-Ezigbo as new Deputy Managing Director

VFD Group has appointed Ijeoma Emezie-Ezigbo as Deputy Managing Director, bringing a seasoned deal-advisory leader into its executive…

Anne Juuko leads East African Development Bank as new CEO

The East African Development Bank has appointed Anne Juuko as its new chief executive, placing a seasoned banking…

Lazola Sikupela takes new role of HR Director, Africa at Diageo

Diageo has promoted Lazola Sikupela as Human Resources Director for Africa, elevating a leader who has risen through…

I&M Bank announces Abdi Mohamed as new Chief Executive Officer

I&M Bank Ltd has appointed Abdi Mohamed as its new Chief Executive Officer, following regulatory approval by the…