Appointment of Eskom's acting Group CEO approved


File: Eskom will hold urgent talks with unions in hopes of ending a wage strike.

JOHANNESBURG - Minister of Public Enterprises, Lynne Brown has approved the Eskom Board's recommendation to appoint Matshela Koko as acting Group Chief Executive of the power supplier.

The appointment follows the resignation of Brian Molefe earlier this month as Group Chief Executive Officer of the company.

WATCH: Molefe gets emotional during Eskom briefing

Koko is current Group Executive: Generation and has held various positions since he joined Eskom in 1996. He will take up his new position from 1 December 2016.

"I approved the Board’s request to appoint Mr Koko as acting Group Chief Executive Officer. Mr Koko has a wealth of experience and understands the challenges Eskom faces. His appointment will also ensure continuity at Eskom," Brown stated in a media statement.

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"I have also asked the Board to immediately start the process to appoint a permanent Group CEO and that this process needs their urgent attention." 

"Koko must ensure that the current trajectory at Eskom continues,” she added.

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