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Eskom has appointed a former employee who was suspended because of an ethical stand against state capture, as its new group Chief Executive Officer.
Dan Marokane, a qualified chemical engineer, will rejoin the embattled power utility “by no later than 31 March, 2024”.
Eskom said he returns to the power utility “after he and three other senior executives were suspended following an ethical stand they took against state capture, fraud, and corruption”.
“He has experience working in distressed organisations with visible and pressurised turnaround mandates.
“His recent assignment is at Tongaat-Hulett where he stepped up to lead this financially distressed business when its Chief Executive Officer resigned,” Eskom said on Friday.
Board chairperson, Mteto Nyati, said the appointment of Marokane follows a long, rigorous, and meticulous recruitment process.
He said they had embarked on a global search for a suitable candidate with the necessary leadership, experience, and business orientation with a solid track record in the energy sector.
“Dan has experience in managing complex strategic, operational, and commercial turnaround across the private and public sectors. He also has in-depth knowledge of the Eskom environment.
“He leads from the front. He will hit the ground running,” Nyati said.
