South African Minister of Public Enterprises Approves Matshela Koko as CE of Eskom
According to ESI Africa Report on Wednesday, South African Minister of Public Enterprises, Lynne Brown has approved Eskom Board’s recommendation to appoint the current Group Executive: Generation, Matshela Koko, as acting Group Chief Executive of Eskom (AGCEO) with effect from 1 December 2016.
The appointment comes with the resignation of Brian Molefe earlier this month as Group Chief Executive Officer of the company.
“I approved the Board’s request to appoint Mr Koko as acting Group Chief Executive Officer. Mr Koko has a wealth of experience and understands the challenges Eskom faces,” Brown said.
She added: “His appointment will also ensure continuity at Eskom. I have also asked the Board to immediately start the process to appoint a permanent Group CEO and that this process needs their urgent attention. Mr Koko must ensure that the current trajectory at Eskom continues.”
This news follows Molefe’s resignation following the recent release of the State of Capture report by the former Public Protector, Advocate Thuli Madonsela, earlier this month.
Corporate Profile: Matshela Koko
Koko is the current Group Executive: Generation. He joined Eskom in September 1996 as an Engineer-in-Training and has moved steadily up the ranks.
Other positions he occupied included Boiler Plant Engineer Manager and Pressure Parts Engineer (2000), Senior Manager: Power Plant Engineering, Enterprises Division (2004); Senior Manager: Engineering, Generation Division (2009), Divisional Executive: Group Technology (2010); and Group Executive Technology and Commercial (2014).