Four-time CFO Awards winner Anoj Singh has been appointed permanent CFO of Eskom.
Singh was seconded from his position as CFO of Transnet in August, and brought to the state-owned Eskom for what was supposed to be only six months. This has, however, now been made permanent, and Singh will be responsible for Eskom's Finance strategy, which includes a R250-billion funding plan.
In a previous interview with CFO South Africa Singh said: "If you want to be a great CFO, you need to be in a position where you can learn to manage a complex organisation."
- Read the full article with Anoj Singh here.
Singh will be joined by Brian Molefe as CEO and Ben Ngubane as Chairperson. Molefe was seconded from Transnet in mid-April this year, while Ngubane has been acting chairperson since end March. Their two roles have also been made permanent.
According to Minister of Public Enterprises, Lynne Brown, the new appointments are part of ongoing efforts to stabilise Eskom. Brown seems confident that the new appointments will bring about a turnaround.