South Africa’s power utility recruited a second top executive from the country’s state-owned rail operator as Eskom Holdings SOC Ltd. struggles to plug a deficit in electricity supply.
Anoj Singh, chief financial officer of Transnet Holdings SOC Ltd., will take up the same position at Eskom for six months starting Aug. 1, the Johannesburg-based utility said Thursday in an e-mailed statement. He will oversee the utility’s 250 billion-rand ($20 billion) funding plan, it said.
Singh’s move comes after Transnet Chief Executive Officer Brian Molefe took charge of Eskom in April. Molefe’s planned three-month secondment has been extended until October, Eskom said on Wednesday.