Johannesburg:Eskom has confirmed the retirement of its Group Chief Financial Officer, Calib Cassim, while noting that he will continue to serve in an acting capacity.

According to South African Government News Agency, Calib Cassim will retire as Group Chief Financial Officer (GCFO) on 31 October 2026, ending a 24-year tenure with Eskom. Despite his retirement, Cassim will remain in an acting GCFO role until a successor is appointed, ensuring a smooth transition within the company.

In a statement, Eskom highlighted Cassim's pivotal role in strengthening the utility's financial position and advancing its long-term sustainability. His tenure concludes with Eskom's return to profitability, which the company considers a significant milestone reflecting his contributions over the past two decades.

Eskom's Board and Executive Management expressed gratitude for Cassim's dedicated service and valuable contributions. They conveyed their well-wishes as he enters retirement while continuing to support the utility until a new Group Chief Financial Officer is appointed. Eskom plans to provide updates on the appointment of Cassim's successor in due course.