Hadebe quits as Eskom CEO
Eskom’s Phakamani Hadebe has decided to step down as the power utility’s CEO at the end of July.
In a statement, Hadebe says the decision is the best interest of his family.
"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.
"It has been a privilege to serve South Africans as the Group Chief Executive (GCE) of Eskom. I am humbled and grateful to have contributed towards the stability for an organisation that is critical for our economy.
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"I am particularly grateful to the board, the EXCO, and all our employees for their resilience and support during this journey."
Eskom's board chairperson Jabu Mabuza says the utility has accepted Hadebe's resignation with regret.
"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."
Mabuza added that they are grateful to Hadebe for his contribution.
"On behalf of myself and the board, I would like to extend my sincere gratitude to Hadebe for his contribution to Eskom’s transition journey. The dedication and passion with which he has taken to fulfilling such a critical mandate is commendable."