CFO Anoj Singh appointed Eskom treasurer
Following Caroline Henry's resignation as treasurer of Eskom, the state-owned power utility appointed group CFO and multiple CFO South Africa Awards winner, Anoj Singh (pictured), as treasurer, effective 1 February 2016.
Singh was seconded from his position as CFO of Transnet in August last year to join the Eskom team for what was supposed to be only six months. It was, however, made permanent, making Singh responsible for Eskom's finance strategy, which includes a R250-billion funding plan. About being a CFO Singh has previously 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."
Henry, who was Eskom treasurer for 10 years and an Eskom employee for 22 years, left to pursue "new horizons". In a statement Eskom said Henry had enabled the company to "execute its funding strategy in very difficult and volatile economic conditions", noting that she had made a "valuable contribution".
Undoubtedly Singh will make as valuable a contribution to the entity, his influence already felt far and wide at the company.