POLITICS

Group Treasurer resigns – Eskom

SOE says Andre Pillay will leave at end of August 2019

Eskom’s Group Treasurer resigns and will leave Eskom at the end of August 2019

15 July 2019

Eskom Group Treasurer, Mr Andre Pillay, has tendered his resignation and will leave at the end of August 2019.

Mr Pillay has been with Eskom since 2011, when he was appointed Senior Manager for Funding Execution in the Eskom Treasury department. He was subsequently promoted to General Manager (Group Treasurer) in September 2016. 

Andre’s contribution to the successful execution of the Eskom Treasury mandate has been immeasurable and we appreciate the role that he played in ensuring that Eskom’s funding plans were successfully executed year after year.

We are cognisant of how critical the Group Treasurer role is for Eskom and have requested that Andre remain in the position for the next two months to ensure a seamless transition and business continuity through the handover process. Andre’s replacement will be announced in due course. We believe that Treasury operations will continue with ease with the support of the current Treasury leadership”, said Calib Cassim, Eskom’s Chief Financial Officer.

Eskom thanks Andre for his passionate dedication and contribution towards managing Eskom’s liquidity through some of the most challenging times for the company and wish him the best in his future endeavours.

Issued by Eskom Media Desk, 15 July 2019