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Eskom 's Group Chief Executive steps down
ESKOM HOLDINGS SOC LTD
JSE CODE: BIESKM
DATE: 27 JULY 2019
ESKOM’S PHAKAMANI HADEBE TO STEP DOWN IN JULY 2019
Friday, 24 May 2019: The Eskom Board announced today that Eskom Group Chief
Executive Officer, Phakamani Hadebe will step down at the end of July 2019.
According to the Chairman of the Eskom Board, Mr. Jabu Mabuza, Phakamani has been
instrumental in driving stability at Eskom during a very challenging period at the organisation.
“We have learnt to depend on his resilience to drive the kind of transformation that South
Africa expects of our organisation. Appreciating the toll that this takes on an individual, we
have had to, with regret, accept his decision.” said Mabuza
“It is no secret that this role comes with unimaginable demands which have unfortunately
had a negative impact on my health. In the best interests of Eskom and my family, I have
therefore decided to step down.”
“It has been a privilege to serve South Africans as the Group Chief Executive (GCE) of
Eskom,” said Mr. Hadebe. “I am humbled and grateful to have contributed towards the
stability for an organisation that is critical for our economy. I am particularly grateful to the
Board, the EXCO, and all our employees for their resilience and support during this journey.”
The Eskom Board is committed to ensuring leadership stability as a critical factor in the
successful implementation of our strategy to deliver on both our commercial and
developmental mandate and as such will be engaging over the coming two weeks with the
GCE to ensure continuity and a steady transition.
“On behalf of myself and the Board, I would like to extend my sincere gratitude to Mr Hadebe
for his contribution to Eskom’s transition journey. The dedication and passion with which he
has taken to fulfilling such a critical mandate is commendable” Mr Mabuza concluded.
ENDS
For more information contact:
Chief of Staff: Eskom Chairman’s Office
Mobile: +27 82 7639007
E-mail: cos@eskom.co.za
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