Former CFO Tryphosa Ramano part of new national transmission company board

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One of Eskom’s three new separated entities, the National Transmission Company of South Africa, has appointed a new board of directors, including 2018 CFO Awards nominee and former PPC, SAA CFO Tryphosa Ramano.

Eskom has announced the board of directors that will make up the recently established National Transmission Company of South Africa (NTCSA). Former CFO and 2018 CFO Awards nominee, Tryphosa Ramano, was on the list.

Read more: 10 Questions to PPC CFO Tryphosa Ramano

“Eskom is central to the economic growth of this country and to the broader society. It has brilliant people who love working there and are passionate about what they are doing. So when I was asked if I was keen to join the board, I thought why not!” Tryphosa says.

She explains that the opportunity to “serve” using her skills and experience in helping resolve the country’s energy crisis was what drew her to the challenge.

The appointment is an important step in Eskom’s legal separation into three entities, namely Generation, Distribution and Transmission. Transmission is first of the three divisions to achieve legal separation, with the NTCSA already registered and having received approval for the requisite licences from the National Energy Regulator of South Africa.

Tryphosa was the CFO of PPC Cement from 2011 to 2019. Before that she was the CFO of WIPHOLD from 2006, and prior to that she worked at South African Airways as CFO.

Asked whether she believes this will give her the edge she needs in the new role, Tryphosa said:

“I don't have a secret sauce, but I always believe in the team that surrounds you. As a leader, you need to empower your team so that they can do what they are good at. It’s up to you to support them.”

“The most important thing is that we work as a team,” she adds. “Appoint leadership that will do the work, hold them accountable and deliver what we agreed on.”

Tryphosa is not the only experienced CFO on the board, though, and is joined by Sygnia’s new CFO Carmen le Grange.

Other new director appointments to the board include:

  • Dr Brian Armstrong, who has been appointed as the lead independent director, and who has 30 years of top-level management experience in the telecommunications, information technology, research and development and systems engineering sectors, both in South Africa and abroad, including as COO and chief commercial officer of Telkom
  • Lungile Mashele, an energy economist and banker with more than 12 years of energy industry experience in Africa, including in her current position as an energy and infrastructure specialist at the Public Investment Corporation
  • Anu Sing, who has more than 25 years of experience at board and executive level, including five years with the MTN Group
  • Nkosinathi Solomon, who holds an MBA degree and a BSc in chemical engineering, and is described as having a good understanding of the energy landscape, as well as experience in leading transforming organisations
  • Professor Mark Swilling, who ended a stint as Development Bank of Southern Africa chair in September 2023, and who is the co-director of the Centre for Sustainability Transitions at Stellenbosch University
  • Auke Lontm who, with 25 years of industry experience, is described as being highly recognised internationally in the transmission system operator environment, having been CEO of Norway’s Statnett
  • Professor Francis Petersen, who is the rector and vice chancellor of the University of the Free State in South Africa and previous executive head of strategy at Anglo American Platinum
  • Sedzani Mudau, who has 19 years of business experience and is the executive director of Favest Advisory, board chairperson at Sentech and a non-executive director of Ellies Holdings
  • Dr Busisiwe Vilakazi, who holds a DPhil in Engineering Science from the University of Oxford and is the Head of Research and Innovation at SITA

The NTCSA is expected to be operationalised by the start of the new financial year on 1 April.

“It is exciting to be part of this journey,” Tryphosa concludes.

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