Eskom CEO tenders resignation
PHAKAMANI Hadebe has announced his sudden resignation as Eskom’s chief executive officer, the power utility confirmed to Fin24. Hadebe will leave Eskom at the end of July 2019.
“It is no secret that this role comes with unimaginable demands which have unfortunately had a negative impact on my health. In the best interests of Eskom and my family, I have therefore decided to step down,” said Hadebe in a statement issued by Eskom yesterday evening.
“I am humbled and grateful to have contributed towards the stability for an organisation that is critical for our economy. I am particularly grateful to the board, the Exco, and all our employees for their resilience and support ...”
According to Eskom chairperson Jabu Mabuza, Hadebe has been instrumental in driving stability at Eskom during a very challenging period at the organisation. “We have learnt to depend on his resilience to drive the kind of transformation that South Africa expects of our organisation. Appreciating the toll that this takes on an individual, we have had to, with regret, accept his decision,” said Mabuza. — Fin24.