Presently, André Marinus de Ruyter occupies the position of Chief Executive Officer & Director at Eskom Holdings SOC Ltd. His first job (under a unassailable mandate) must be to pick his own team. De Ruyter will start his role at Eskom on January 15, 2020. South Africa appointed Andre de Ruyter as chief executive officer of Eskom, the debt-strapped utility that provides about 95% of the nation’s electricity and poses the biggest threat to its economy. Unless the ANC stop with their political interference and kick the unions in their teeth, Andre de Ruyter have absolutely ZERO chance of success. Andre Marinus De Ruyter is Chief Executive Officer at Eskom Holdings Ltd. See Andre Marinus De Ruyter's compensation, career history, education, & memberships. }); Hope he has his cyanide pill ready for the suicide mission !!! De Ruyter joined Nampak from petrochemicals giant Sasol in April 2014. This appointment comes four months after Phakamani Hadebe resigned from the position in July. He is on the Board of Directors at Nampak Plastics Europe Ltd. and Nampak Ltd. Mr. de Ruyter was previously employed as a Senior Group Executive-Global Chemicals by Sasol Ltd. and a Managing Director by Sasol Olefins & Surfactants Pty Ltd. Public Enterprises Minister Pravin Gordhan has unveiled plans to split Eskom into generation, transmission and distribution units by the end of 2021, a reorganisation he says will enable the businesses to manage costs more effectively and make it easier for them to raise funding. Andre de Ruyter will take up the position of Eskom group chief executive from January 2020. He will assume his duties on January the 15th. Goei geluk – goodluck and Godspeed to Mr De Ruyter. "top": y, } He sits as a member of the board of Nampak Holdings (UK) Ltd. and Nampak Plastics Europe Ltd. University of Pretoria:Bachelor’s Degree 3. André de Ruyter the CEO of Nampak talks about the cost of complexity in manufacturing Andre de Ruyter will leave his post as Nampak CEO to take up the role as Eskom's new CEO. Nampak has already secured long-term contracts to supply customers with a mix of glass bottles and jars. Listen to the story of Cyril Ramaphosa's rise to presidential power, narrated by our very own Alec Hogg. Over a 30-year career, André de Ruyter has plied his trade both locally and internationally in various portfolios in the energy space. }, false); As of 2020, he is 51 years old. if (document.selection.createRange) { I will sit on my hands. if (text === "") My commentary was rudely disrupted by the arrogance of … However, … New CEO Andre de Ruyter driving Nampak deeper into high margin African countries 21st November 2019 27th May 2014 by Alec Hogg Despite the evidence released today of the contraction of South Africa’s economy for the first time since 2009, the rest of the continent is truly booming which is undeniably highlighted for us by Andre de Ruyter. De Ruyter, currently CEO of packaging firm Nampak, will take up the post on January 15, the Department of Public Enterprises said in a statement. Andre de Ruyter will take up the position of Eskom group chief executive from January 2020. Opvoeding. Smuts will take over on January 15. Read: Nampak’s Andre de Ruyter appointed as Eskom CEO Read: Unions lukewarm on Eskom’s new CEO It was also met with general surprise, as the outgoing Nampak … © 2019 Bloomberg L.P. The executive has been in this role for five years. }) Career. Total Directorships 1. Don’t know this guy but the market is voting and sees no colour. The rand pared a decline after the announcement, while Eskom’s dollar bonds were little changed. The South African government has appointed Nampak's Chief Executive Andre de Ruyter as the new group CEO of struggling state-owned power utility … The market had not anticipated him to be one of the slated candidates.“. Mr. André M. de Ruyter is a Chief Executive Officer & Executive Director at Nampak Ltd. A chief restructuring officer has been appointed to consider how to reorganise Eskom’s debt, but the government has yet to reveal its preferred option. As of 2020, he is 51 years old. His role overlapped with finance minister Tito Mboweni’s chairmanship of the company, which began in 2010 and ended in 2018. Despite the country's debt-to-GDP ratio nearing the 100% mark seen as a red line for investors and credit rating agencies. Closed Directorships 1. By continuing to use our website, we assume you are okay with it. Give the man a full glass. Labour unions, which represent the bulk of the utility’s 46 665 workers, oppose a breakup of the business and plant sales because they see them as a precursor to job losses. Universiteit Nyenrode Netherlands Business School: MBA honours He spent more than 20 years with Sasol in senior management roles, working in their energy and chemicals industries. event.preventDefault(); Andre de Ruyter, current CEO of Nampak, has been appointed as the new chief executive of Eskom and will assume his duties on January 15, the Ministry of Public Enterprises has said. Are we sure this is the best guy to be in charge of Eskom, and in effect the country’s energy supply? The world is changing fast and to keep up you need local knowledge with global context. Andre de Ruyter was a surprise choice for Eskom CEO but public enterprises minister Pravin Gordhan said that after extensive interviews all ministers agreed on the appointment. “Of the R1,2 billion invested in the third furnace, 50% was spent on developing the building in South Africa and the balance was used to buy the furnace equipment in Europe,” said André de Ruyter, CEO of Nampak.