Cabinet this week approved the appointments of Dr. Ben Ngubane as Chairperson of Eskom's Board, Brian Molefe as Chief Executive and Anoj Singh as Chief Financial Officer of the State-Owned Company. "I welcome these appointments and they are part of my ongoing interventions to stabilise Eskom.
"Dr. Ngubane has steadied the company since 30 March 2015 as Acting Chairperson. Together with Mr. Molefe, who was seconded from Transnet in mid-April 2015, they have been successful in bringing stability to the Company whilst dealing with a constrained grid.
"The Executive was further strengthened when Mr. Singh was seconded from Transnet as Acting CFO from 1 August 2015 for a period of 6 months. "I want to thank the Transnet Board for agreeing to second Mr. Molefe and Mr. Singh to Eskom. Now that they have been permanently appointed at Eskom, I have requested the Board to start the process to fill these vacancies at Transnet," said Minister Brown.
Dr. Ngubane, the former Minister of Arts, Culture, Science and Technology, and also ambassador to Japan, has vast experience in the health sector, both local and international. He has served on the Boards of various children and community based organisations; he was also the Chairperson of the Land Bank and served on the Board of the South African Broadcasting Corporation. Dr Ngubane joined the Board of Directors of Eskom as a Non-Executive Director on 11 December 2014 and was appointed as interim Chairman of the Board of Eskom Holdings SOC Ltd on 30 March 2015, in which capacity he currently serves.
Mr. Molefe's qualifications include the following: Honorary Doctorate in Engineering, University of Glasgow Caledonian; Masters of Business Leadership, University of South Africa; Post- Graduate Diploma in Economics, London University, School of Oriental and African Studies and a Bachelor of Commerce, University of South Africa. Majors: Accounting and Economics. Other training courses include: a Programme for Young Global Leaders, Kennedy School of Government, Harvard University (Cambridge, Mass. USA, 2009), Advanced Management Program, Harvard Business School (Boston 2006); and Executive Programme at Wharton Business School (Philadelphia USA, 2003).
Mr. Singh qualified as a Chartered Accountant in 2000. He has over 15 years' experience in Finance; Auditing; Commercial; Strategy Development and Execution; Financial Risk Modeling and Management; Treasury and Capital Project Management. Mr Singh is currently the CFO of Transnet SOC Ltd.
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Issued by Ministry of Public Enterprises 25 September 2015