Andre de Ruyter has been appointed as the new group chief executive of struggling state-owned power utility Eskom, minister of public enterprises Pravin Gordhan announced on Monday.
De Ruyter currently serves as CEO of Nampak, Africa's biggest packaging company, and previously worked for petrochemical group Sasol in a number of senior management positions.
Gordhan said he has ample experience in the energy sector.
"I would like to thank Mr De Ruyter for not only accepting this position at a difficult time for Eskom, but, given Eskom's current financial situation, also agreeing to a lower compensation package than the position currently pays."
Eskom chairman Jabu Mabuza has been acting as chief executive of Eskom since Phakamani Hadebe stepped down at the end of July.
- African News Agency (ANA)
