Marokane re-joins Eskom as new chief executive

Sunday, December 10, 2023

Public Enterprises Minister Pravin Gordhan has announced the appointment of Dan Marokane as the new Group Chief Executive of Eskom.

Marokane is a qualified Chemical Engineer, who has a MBA and is a seasoned executive with more than 20 years senior leadership experience, the Department of Public Enterprises said on Friday.

He is expected to join Eskom no later than 31 March 2024.

“The advertisement for the post attracted 409 applications. From this process, 12 prospects qualified to further steps in the selection process.

“[Marokane] has experience working in distressed organisations with visible and pressurized turnaround mandates. His recent assignment is at Tongaat-Hullet, where he stepped up to lead this financially distressed business when its Group Chief Executive resigned.

“Mr Marokane was a senior manager in Eskom from 2010 to 2015, holding various senior positions, including head of Group Capital in Eskom,” the department said.

Marokane was one of four senior managers suspended during the State capture period. He subsequently resigned and went into the private sector.

“Mandatory checks, which include criminal and credit checks, verification of identity, qualifications, directorships, and establishment of conflicts of interest were completed,” the department said.

The date of commencement will be announced once Marokane has concluded the handover process with his current employer.

“Mr Marokane thrives on challenges, has the drive to energetically tackle the challenges confronting Eskom and is also ethically grounded.

“The Board has been requested to constitute a professional, skilled and committed executive team that will collectively lead Eskom through a complex but exciting journey, including achieving energy security for our people and the economy, implementing the Eskom Just Energy Transition and concluding the restructuring of Eskom,” Gordhan said.

The Minister thanked the Board for conducting a competitive and transparent process for the appointment of the GCEO. – SAnews.gov.za