The board of the Central Energy Fund (CEF) has appointed Sakhiwo Makhanya as an interim CEO, with effect from December 10, succeeding former acting CEO Godfrey Moagi, whose contract expired on December 9.
Prior to his appointment as an interim CEO, Makhanya served as strategic assignments manager and CEF’s group head of strategy and subsidiary management for three years.
Commenting on his appointment, CEF Group chairperson Luvo Makasi says the board will be working closely with the interim CEO to provide requisite support to ensure the stability and sustainability of the group.
The CEF has not had a permanent CEO for several years.