Eskom’s Cassim to stay on as acting CFO after tenure ends

Calib Cassim will continue as Eskom’s acting group chief financial officer after his tenure as CFO and executive director ends on 31 October, the utility said on Friday.

In a notice to bondholders issued on 30 October, Eskom said the acting arrangement would continue until the appointment of his successor becomes effective. It described the arrangement as a way to ensure an orderly transition.

The notice did not name a successor or give a date for that appointment to take effect. Eskom said it would provide a further update on the appointment process.

Cassim’s planned retirement as group CFO in October 2026 had already been announced in a SENS notice on 1 October 2025, according to Friday’s statement. The latest announcement sets out the end of his tenure and the interim arrangement, rather than announcing his retirement for the first time.

Archive image: Kusile Power Station in June2019. JMK / Wikimedia Commons, CC BY-SA4.0; resized, with display crops where applicable.