Public Enterprises Minister Lynne Brown has welcomed the appointment of three executives aimed at stabilising Eskom.

“Cabinet this week approved the appointments of Dr Ben Ngubane as Chairperson of Eskom’s Board, Brian Molefe as Chief Executive and Anoj Singh as Chief Financial Officer of the State-Owned Company (SOE). I welcome these appointments and they are part of my ongoing interventions to stabilise Eskom,” she said on Friday.

Dr Ngubane has been appointed as the acting chairperson since 30 March. This followed on the resignation of former board chairperson Zola Tsotsi.

“Together with Mr. Molefe, who was seconded from Transnet in mid-April 2015, they have been successful in bringing stability to the company whilst dealing with a constrained grid.

“The Executive was further strengthened when Mr Singh was seconded from Transnet as Acting CFO from 1 August 2015 for a period of 6 months.

“I want to thank the Transnet Board for agreeing to second Mr. Molefe and Mr. Singh to Eskom,” explained Minister Brown.

Now that they have been permanently appointed at Eskom, the Minister has requested the Board to start the process to fill these vacancies at Transnet.

Dr Ngubane, the former Minister of Arts, Culture, Science and Technology, and also ambassador to Japan, has vast experience in the health sector, both local and international. He has also served on the Boards of various children and community based organisations.

Meanwhile, Molefe’s qualifications include the following: Honorary Doctorate in Engineering, University of Glasgow Caledonian; Masters of Business Leadership, University of South Africa; Post- Graduate Diploma in Economics, London University.

The new CFO qualified as a chartered accountant in 2000. He has over 15 years’ experience in Finance; Auditing; Commercial; Strategy Development and Execution; Financial Risk Modelling and Management; Treasury and Capital Project Management. Currently he is the current CFO of Transnet.