‘Dames leaving for personal reasons’

Power expert Chris Yelland says Dames’s resignation is bad news for the power utility.

Brian Dames. Picture: Christa van der Walt/EWN

JOHANNESBURG - Eskom chief executive officer (CEO) Brian Dames is resigning for personal reasons, chairperson Zola Tsotsi said on Thursday.

Dames announced his resignation this morning as Eskom faces a power crunch because it does not have enough power stations.

Earlier this year, Eskom's chief financial officer (CFO) Paul O'Flaherty also resigned.

Tsotsi says the parastatal is already looking for a replacement.

Power expert Chris Yelland says this is bad news for the utility.

"Both O'Flaherty and Dames are heavily involved in the new building programme. They are really the two key people and to lose them at this stage, shortly before the Medupi Power Station comes online, is a severe blow."

Dames will leave Eskom in March 2014.

He was appointed CEO on 1 July 2010.

Public Enterprises Minister Malusi Gigaba has paid tribute to Dames and thanked him for his service.