Eskom CEO Phakamani Hadebe steps down due to health reasons

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The state owned entity announced on Friday that Hadebe will be stepping down at the end of July.

Eskom board chairperson Jabu Mabuza said in a media statement Hadebe has been instrumental in driving stability at Eskom, during a very challenging period at the organisation.

"We have learnt to depend on his resilience to drive the kind of transformation that South Africa expects of our organisation. Appreciating the toll that this takes on an individual, we have had to, with regret accept his decision," said Mabuza. "It is no secret that this role comes with unimaginable demands which have unfortunately had a negative impact on my health. In the best interest of Eskom and my family, I have therefore decided to step down.""It has been a privilege to serve South Africans as the Group chief executive of Eskom. I am humbled and grateful to have contributed towards the stability for an organisation that is critical for our economy," said Hadebe.

"I'm particularly grateful to the board, the exco , and all our employees for their resilience and support during this journey. The parastatal's board said it was 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".

 

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