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Calib Cassim Biography, Wikipedia, Net Worth, Age, Wife, Eskom, Salary, Children

After Andre de Ruyter’s resignation from the company, the South African national power supplier Eskom said on Friday that it has appointed to serve as its temporary chief executive officer. Calib Cassim will take over for Andre de Ruyter.

A statement issued by Eskom indicates that Cassim will continue to serve as the leader of the Eskom management team until the company issues more guidance on the matter. In his previous role at Eskom, Cassim served as the Chief Financial Officer.

After an interview that de Ruyter gave on Tuesday to a local television station, during which he claimed that the governing party was corrupt, the board of directors of Eskom ordered de Ruyter to resign from his position on Wednesday.


Calib spent his childhood in the Overport neighborhood of Durban. He received his Bachelor of Commerce degree from the University of Natal and his honors degree from Unisa. He also has a master’s degree in business leadership in addition to his qualifications as a chartered accountant (MBL). When he was in school, he was good in arithmetic and accounting. Calib’s decision to enter the business world was sparked in part by the television show Dallas from the 1980s, which featured Texan oil tycoons and deal making.

According to Calib, achieving success in the financial industry demands not only a solid sense of self-esteem but also ethics:

Believe in your own capabilities; this is the first and most critical step. When you don’t believe in yourself, it’s obvious to everyone around you. The second need is that you must possess strong principles and morals. They are important enough to fight for, and would even be worth giving up a job for.

He feels that his ability to maintain composure and control his emotions are his greatest assets as a leader, and he attributes his success to these qualities. “Before I provide my opinion, I find it helpful to first listen. I have a healthy respect for constructive criticism and I rarely lose my composure. I have a direct personality, and I am exactly what I appear to be.”
Using one’s spare time to its full potential

Calib Cassim Career

Calib Cassim, the company’s Chief Financial Officer, was selected as the temporary Chief Executive Officer of the state-owned power utility in South Africa two days after the sudden departure of the company’s former CEO. Cassim’s prior title was Chief Financial Officer.

Cassim, who has been the Chief Financial Officer at Eskom Holdings SOC Ltd. since 2018, would reportedly continue to be in charge of the business until further notice, as said in a statement that was issued by the company on Friday.

The announcement that Andre de Ruyter, Eskom’s former chief executive officer, had left from his job earlier than expected was made by the company one week ago. This comes as a result of de Ruyter’s accusations that state officials are involved in theft and corruption, as well as his questioning of their dedication to finding a solution to the nation’s energy dilemma. South Africa is dealing with power outages that can last for up to 12 hours each day while Eskom struggles to manage regular breakdowns of its coal-fired power plants, which supply virtually all of the nation’s electricity. During this time, South Africa is also dealing with a number of other issues.

According to the company, Cassim has a “good understanding and awareness of the Eskom business and the power sector, particularly given the challenges facing the financing of operations and future expansion of the industry.” Cassim has been employed by Eskom for the better part of the last twenty years.

In December, De Ruyter submitted his resignation to the company, and the 31st of March was originally planned to be the day he would leave the company.


Calib Cassim Wife and Children

Calib is the father of twin children who are 10 years old and a child who is 12 years old; he devotes the most of his spare time to spending time with his family. He considers himself to be a morning person, and one of his favorite things to do is to get up before the rest of his family in order to see the sun rise.

He enjoys watching a variety of sports, including soccer, cricket, and rugby. As the facility was under lockdown, he started playing tennis in the evenings. When he has any spare time, he likes to curl up with a good leadership book and get lost in it.

“I don’t have somebody in my life that serves as a model for me, but I do love learning about different types of leaders via the books I read. According to Calib, “I study about their leadership skills and attempt to take pieces from all of them and apply them to my own life.”

Calib Cassim Salary

The crisis-hit power utility has published its financial statements for the 2018/19 year ended March 2019, revealing how much money it doled out to executives.

Exiting chief executive Phakamani Hadebe, who will step down from the company at the end of July 2019, will receive a final paycheque of R8.6 million for his one year on the job, while chief financial officer, Calib Cassim will receive R3.24 million.

Cassim’s pay as CFO is significantly less that his predecessor, Anoj Singh, who took pay of R9.4 million in 2018.

The other 13 members of Eskom’s group executives received a total payout of R44 million, down from R51.6 million last year. Included in the group payout are two notice payments of R6.4 million for executives who are leaving.

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