Eskom appoints new CEO

Eskom has appointed Calib Cassim as its interim group CEO following the controversial exit of André de Ruyter this week.

De Ruyter left the ailing power utility by mutual agreement with the board after his explosive interview with eNCA.

In a statement released early on Friday morning, Eskom said Cassim will assume the role with “immediate effect”.

“Mr Cassim will lead the Eskom management team until further notice. He was appointed as Eskom’s CFO in November 2018 after serving as acting CFO from July 2017.

“He is a registered chartered accountant (SA) and holds a master’s degree in business leadership (MBL).

“With more than 20 years service in Eskom, his qualifications and extensive experience have provided Cassim with a deep understanding and appreciation of the Eskom business and the electricity industry, especially regarding the challenges facing the financing of operations and future expansion of the industry,” Eskom said.

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