Maleka appointed as Eskom's interim group treasurer

Maleka joined the power utility in 1999 after serving as director in the National Treasury’s budget office.

“He is currently the company’s chief economist and head of portfolio management and foreign exchange (forex) trading, largely responsible for the hedging of all Eskom’s derivatives and commodities. He also provides critical economic input of the wider group,” read a statement from Eskom.

“We have appointed Mr Mandla Maleka as interim group teasurer to ensure business continuity and are confident that he will successfully hold the fort until a permanent Group Treasurer is appointed,” said Calib Cassim, the company’s Chief Financial Officer.