South Africa state-owned power company Eskom has had a management shakeup, appointing three senior management personnel for the positions of finance director, managing director for the primary energy business and managing director for human resources.
Eskom has been making news for all the wrong reasons lately, and such a shakeup could make or break how the company performs in the years ahead, especially in its troubled coal division, which experienced problems with supply this year.
Paul O’Flaherty has been made finance director effective from January next year, while Dan Marokane will be managing director for primary energy from 12 January 2010 and Bhabhalazi Bulunga managing director for human resources from February.
O’Flaherty is currently working at Dubai-based Al Naboodah Construction Group as a chief financial officer.
O’Flaherty earlier had a five-year stint at South Africa's Group 5 construction company and 14 years with PricewaterhouseCoopers.
Marokane, who will oversee Eskom’s coal supply, is currently serving as vice-president of operations division at PetroSA, where he has held several key positions in his 11-year tenure.