He emerged victorious from among 142 candidates, including eight Eskom employees. He was shortlisted alongside 16 people, eight of whom ultimately withdrew.
“The final interview process was undertaken, after which the panel ranked three candidates from six. After further interviews, a list of three candidates with the indication of a preferred candidate was submitted to the shareholder in terms of the memorandum of incorporation between Eskom and the government,” said Gordhan.
His task now will be to work with Eskom's board, management and the government to spearhead the separation of the parastatal into three entities - generation, transmission and distribution - as well as the creation of Eskom Holdings. "I am confident that he will lead a committed and capable management team that will work with him and the board to take Eskom forward,” said Gordhan.
The appointment has been keenly awaited by political stakeholders, markets and the public, as fixing Eskom is widely acknowledged as the most urgent and pressing priority the economy faces. that De Ruyter was a surprise appointment as it had not been widely known that he had applied for the job. There was a strong lobby within the ANC and broader black lobby groups that the CEO should be a black South African.
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