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Appointment of Eskom’s Chief Operating Officer- BIESKM
Eskom Holdings SOC Limited
JSE Code: BIESKM
Date 06 July 2018
MEDIA STATEMENT
Appointment of Eskom’s Chief Operating Officer
Friday, 06 July 2018: Following the appointment of the Eskom Board on 20 January
2018, the Board was mandated to resolve and take decisions to address the immediate
challenges facing Eskom. Key to this mandate was to bring stability to the executive
leadership structures of Eskom through, amongst others, prioritising the appointment of a
permanent Group Chief Executive Officer (GCEO) and Group Chief Financial Officer
(GCFO).
In the process of identifying suitable candidates for appointment to the GCEO position, the
Board also assessed the appropriateness of the current functional structure taking into
account the enormity of the current operational and financial challenges faced by Eskom.
In this regard, the Board was of the view that the size, functional diversity and complexity
of Eskom as it stands warrants a three-person top team: a Chief Executive Officer, a Chief
Financial Officer and a Chief Operating Officer (COO).
Whilst a detailed and thorough review of the structure will still need to be undertaken
which may necessitate further changes to the structure to mirror the new strategy to be
adopted, the Board resolved to prioritise the incorporation of this role, following the
appointment of Phakamani Hadebe as the GCEO, in order to begin the process of
streamlining operations.
It is against this backdrop that we are pleased to announce the appointment of Mr Jan
Oberholzer as the new Chief Operating Officer for Eskom. Jan has had 38 years of
working experience, of which 24 were at Eskom where he held various positions, including
that of the COO of the Distribution Division. Most recently he successfully led the
improvement of a number of Hydro power plants in Zambia.
“Jan brings with a wealth of operational experience in the energy sector as well as
valuable institutional memory which I am confident will stand him in good stead to
successfully reform our operations and set them up for sustainable success” said Mr
Phakamani Hadebe, GCEO of Eskom.
The Eskom Board is committed to finding the most suitable candidate for appointment to
the GCFO position as this is a critical portfolio. This process will be concluded in the
coming weeks.
“On behalf of myself and the Board, I would like to congratulate Mr Oberholzer on his
appointment and wish him the best in fulfilling this important mandate,” Mr Hadebe
concluded.
ENDS
Issued by: Eskom Media Desk
Tel: +27 11 800 3304/3343/3378
Cell: +27 82 805 7278 Fax: 086 664 7699
Email: mediadesk@eskom.co.za
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