By Lehlohonolo Lehana.
The Central Energy Fund (CEF) has appointed Dr Tshepo Mokoka as group Chief Executive Officer (CEO), the State-Owned Entity (SOE) announced in a statement on Friday.
Mokoka is taking over from Ishmael Poolo who spent at least five years at the helm.
CEF is responsible for ensuring the security of energy supply of South Africa and the region.
Mokoka received the backing of the group’s board, which hailed his appointment as a step in the right direction.
The board said Mokoka’s appointment marks an important milestone as the CEF Group continues to strengthen its position as a strategic state-owned energy company dedicated to advancing national energy security and economic development.
His leadership is expected to further advance the Group’s purpose of “Securing Energy Solutions to Power South Africa”, while positioning the CEF Group to respond effectively to the country’s evolving energy needs through innovation, operational excellence and strategic partnerships.
“The Board has every confidence in Dr Mokoka’s ability to lead the CEF Group into its next phase of growth and transformation. His proven leadership, strategic insight and commitment to public service make him well suited to steer the organisation as we continue delivering on our mandate of ensuring security of energy supply and driving national development. We congratulate him on his appointment and wish him every success,” CEF Group Chairperson Ayanda Noah said.
Mokoka holds a Doctor of Philosophy (PhD) in Economics and brings extensive executive leadership experience, sound governance expertise and a deep understanding of South Africa’s energy landscape.