South Africa: Interim NTCSA CEO Scheppers Returns To Eskom

The Interim Chief Executive Officer of the National Transmission Company South Africa (NTCSA), Segomoco Scheppers, is returning to Eskom Holdings, South Africa’s power utility, after concluding his secondment.

Mr. Scheppers was seconded to lead the transition and operationalize the NTCSA business in July 2024 due to his extensive experience in the Transmission Division, having joined Eskom in 1993.

He served at the NTCSA while the executive search process was underway to appoint a permanent Chief Executive Officer (CEO) for the subsidiary.

In a statement, NTCSA said Scheppers was shortlisted for the permanent role, but the Board has not yet identified the candidate to lead the business into its next phase.

The NTCSA Board praised Scheppers for his leadership at the NTCSA.

“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 creating the NTCSA as a wholly owned subsidiary of Eskom Holdings,” said Priscillah Mabelane, NTCSA Board Chairperson.

“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.”

“He played a critical role in delivering the NTCSA that is designed to provide the benefits of the Electricity Regulation Amendment Act (ERAA), that 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,” concluded Mabelane.

The statement said a formal announcement will be made in due course regarding the appointment of an Interim Chief Executive Officer (ICEO) of NTCSA to maintain the continued execution of the strategy, including bringing an accelerated Transmission Development Plan (TDP), ongoing operational unbundling activities as required by legislation, and establishing a fair, competitive market for electricity.

Source:https://energynewsafrica.com