After four-and-a-half years of stalling, former Eskom CEO Brian Molefe has been ordered to pay back monies that he received illegally from the Eskom Pension and Provident Fund after he famously resigned and took early retirement from Eskom, at the age of 50, after just 16 months of service. Aft.
South Africa’s Eskom Pension and Provident Fund chooses CEO
South Africa’s Eskom Pension and Provident Fund chooses CEO
Mr. Abrahams replaced
Linda Mateza, effective April 1, a news release said. Details of Ms. Mateza s future role could not be learned.
Mr. Abrahams leads the 144.5 billion South African rand ($9.8 billion) fund s efforts to invest sustainably and with a positive social impact by 2024. We would like to thank Ms. Linda Mateza for her fearless, but gracious leadership over the last 19 months. Your courage, dedication and decisiveness during your tenure has propelled the fund to navigate stormy waters in unprecedented times and bring to fruition numerous improvements in pursuit of the fund s strategy, Caroline Henry, chairwoman of the fund s board, said in the release.