Electricity Energy

South Africa’s Eskom’s recovery will continue, assures CFO Calib Cassim as he retires from utility

Photo caption: Eskom’s Interim Group Chief Executive Calib Cassim speaks during a media briefing at Eskom Megawatt Park in Sunninghill, South Africa, May 18, 2023. REUTERS/ Siphiwe Sibeko Purchase Licensing Rights

 

South Africa’s state-owned power utility Eskom said on Monday that Group ​Chief Financial Officer Calib ​Cassim will retire during the financial ⁠year ending March 2027.

Cassim, ​who has spent 24 years ​at Eskom and also served for a year as acting Group Chief ​Executive, played a key role ​in the utility’s operational recovery and ‌return ⁠to profitability.

He told Reuters he was confident his successor would build on the turnaround achieved ​under the ​current ⁠leadership team.

“I will take a rest and watch ​Eskom succeed,” Cassim said.

Eskom ​said ⁠it aims to appoint his replacement before the end of ⁠the ​2026 calendar year.

 

 

 

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