Eskom recalls National Transmission Company CEO Segomoco Scheppers
Scheppers was seconded to lead the transition and operationalise the NTCSA.
Eskom has recalled National Transmission Company South Africa (NTCSA) interim CEO Segomoco Scheppers.
The utility on Thursday said Scheppers will conclude his secondment and return to Eskom.
Scheppers was seconded to lead the transition and operationalise the NTCSA business in July 2024 due to his extensive experience in the Transmission Division, having joined Eskom in 1993.
New CEO
Eskom said Scheppers served at the NTCSA while the executive search process to appoint a permanent CEO for the subsidiary was underway
'Although Scheppers was shortlisted for the permanent role, the NTCSA Board has not yet identified the candidate to lead the business into its next phase.
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'The NTCSA and Eskom Holdings Boards are committed to expediting the executive search and securing the appointment of a CEO who will navigate the complexities of operating in a competitive energy market,' Eskom said.
Transmission Development Plan
Eskom said a formal announcement will be made soon regarding the appointment of an ICEO of NTCSA to continue executing the strategy.
The strategy includes implementing an accelerated Transmission Development Plan (TDP), continuing operational unbundling activities as required by legislation, and establishing a fair, competitive electricity market.
'We owe Segomoco a huge debt of thanks for the skills he brought to bear to take the transmission business to a point of separation and create the NTCSA as a wholly owned subsidiary of Eskom Holdings. The NTCSA serves as an important catalyst in the country's evolving energy supply industry and ending the vertical integration business model for the benefit of consumers,' said Priscillah Mabelane, NTCSA Board Chairperson.
Critical role
Mabelane said that Scheppers played a critical role in delivering the NTCSA, which is designed to provide the benefits of the Electricity Regulation Amendment Act (ERAA).
'His work paves the way for the necessary reforms in South Africa's electricity sector, including the establishment of a competitive electricity market that will contribute meaningfully to South Africa's energy security and inclusive economic development,' said Mabelane.
ALSO READ: Winter is coming: Does Eskom have a plan to prevent load shedding?
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