Eskom Group appoints new acting CEO


Collin Matjila has been appointed as the new acting Chief Executive Officer of Eskom as of 1 April 2014, the electricity utility confirmed.

This as the current CEO Brian Dames will leave the company on 31 March 2014.

“Matjila is currently a member of the Eskom Board. He is the former chairman of the National Energy Regulator of South Africa (Nersa) and has a track record of leadership and management of large organisations, and a deep knowledge of the electricity industry,” said Eskom on 27 March 2014.

Matjila, who will be supported by team of competent executives, will return to his position as a non-executive director of the Eskom board once an appointment of a substantive CEO has been made.

“The board took the considered view that while the company’s executives are sufficiently competent for this position, their pressing priority is managing the highly constraint electricity system. The executives are however eligible and free to apply for the full-time position,” noted the entity.

Eskom board chairperson Zola Tsotsi welcomed Matjila’s appointment.

“We are very excited to have Matjila as the acting chief executive of Eskom given his vast knowledge and experience of the electricity industry. Collin’s experience as Chairman of Nersa at some stage in his career and also as one of the current members of the Eskom Board whilst also being the Chairman of the Eskom Board Tender Committee for almost 3 years stands him in good stead for this role,” said Tsotsi.

Additionally Tsotsi paid tribute to the outgoing CEO, saying that he had brought stability to Eskom.

“Brian Dames is held in high regard as a result of his knowledge, leadership style and his open and transparent approach to communication. Eskom is indebted to him for his life-long contributions to the company. We wish him well in his future endeavours.”

Dames, who was appointed as CEO on 1 July 2010, announced his resignation in December 2013.

The process for the appointment of the new chief executive is currently underway and will be finalised as soon as possible.

“An executive search agency has been appointed to assist the Board in finding a suitable candidate for this position,” concludes Eskom.


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