Eskom CEO Phakamani Hadebe resigns

South Africa: The Eskom Board announced on Friday evening that Eskom’s group chief executive officer, Phakamani Hadebe, will step down at the end of July 2019.

“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,” said Hadebe.

He further stated that he felt privileged to serve South Africans as the Group Eskom CEO. “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,” he added.

The Eskom Board is grateful to Hadebe for his commitment 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 with him over the coming two weeks to ensure continuity and a steady transition.

Eskom has not announced Hadebe’s replacement as yet.

Source: ESI Africa