Dan Marokane to take over the reign as Eskom’s Group CEO

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Eskom has announced the first day in the office for its new CEO Dan Marokane who rejoins the company after being suspended for taking a stand against corruption and fraud at the utility.

The power utility has announced that Marokane will assume office as the Group Chief Executive on March 1, 2024.

He was appointed on December 8, 2023 and returns to Eskom after he and three other senior executives were suspended following an ethical stand they took against state capture, fraud and corruption.

Marokane has experience working in distressed organisations with visible and pressurised turnaround mandates. His recent assignment is at Tongaat-Hulett where he stepped up to lead this financially distressed business when its Chief Executive Officer resigned.

#Eskom #MediaStatement

Newly appointed Eskom Group Chief Executive, Dan Marokane will officially report for duty on
01 March 2024 pic.twitter.com/LXoNf5oaFC

— Eskom Hld SOC Ltd (@Eskom_SA) January 19, 2024

He is a qualified Chemical Engineer who has an MBA and a seasoned executive with more than 20 years senior leadership experience.

“On behalf of the Eskom Board, I officially welcome Dan to the organisation. Eskom employees were excited to hear that Dan will rejoin the company. They remember his hands-on leadership style that is needed right now,” said Board chairman, Mteto Nyati.

Dan Marokane to lead Eskom’s turnaround

“The Board wishes him well as he steers Eskom in the right direction and leading its turnaround from the front. We have confidence in his capabilities, as well as those of the leadership and staff of Eskom, to turn the organisation around,” added Nyati.

“The Board also expresses its deepest gratitude to Calib Cassim for his leadership and the stability he brought as the Acting Group Chief Executive.

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“His dedication and commitment as well as his efforts to keep management and staff focused and motivated, have not gone unnoticed.

“Through his stewardship, Eskom managed to navigate through challenges and achieved significant milestones,” concluded Nyati.