Dan Marokane Biography: Age, Career, Place of Birth, Wife, Net Worth, Children, Education

Imagine being suspended from your job for no good reason, only to find out later that it was part of a sinister plot to loot billions of rands from the company you worked for. How would you feel? Angry? Betrayed? Powerless?

That’s what happened to Dan Marokane, a qualified chemical engineer and seasoned executive who worked for Eskom, South Africa’s largest electricity provider. He was one of the four senior managers who were suspended in 2015, as part of the state capture scheme orchestrated by the infamous Gupta family and former President Jacob Zuma.

But Dan Marokane did not give up. He fought for his rights and reputation, and eventually reached a settlement with Eskom that cleared his name. He also received a letter of recommendation from the former Eskom chairperson, who praised his integrity and competence.

And now, he is back at Eskom, but this time as the new Group Chief Executive. He was appointed in 2024, after a rigorous and transparent recruitment process that involved the Eskom Board, the Public Enterprises Minister, and the Cabinet. He beat over 100 other candidates who applied for the job, and emerged as the best person to lead Eskom out of its financial and operational crisis.

In this article, we will explore how Dan Marokane is a suitable leader for Eskom, having fought against state capture, fraud and corruption in the past. We will also look at his education and career, his vision and goals for Eskom, and the challenges and opportunities he faces in his new role.

Dan Marokane Biography

Dan Marokane is the new Group Chief Executive of Eskom, South Africa’s largest electricity provider. He was appointed in December 2023, after a long and rigorous recruitment process that involved the Eskom Board, the Public Enterprises Minister, and the Cabinet.

Dan Marokane was born in 1974 in South Africa. He is a qualified chemical engineer who also holds an MBA. He has over 20 years of senior leadership experience in the oil, gas and power industries.

He started his career at Sasol, where he worked for 12 years in various operational and strategic roles. He then joined Eskom in 2010 as the Divisional Executive for Primary Energy. He later became the Group Executive for Group Capital, and then the Chief Executive for Technology and Commercial.

In 2015, he and three other senior executives were suspended from Eskom, as part of the state capture scheme orchestrated by the Gupta family and former President Jacob Zuma. He fought for his rights and reputation, and eventually reached a settlement with Eskom that cleared his name. He also received a letter of recommendation from the former Eskom chairperson, who praised his integrity and competence.

He left Eskom in 2016 and joined Tongaat Hulett, a sugar and property company, as an executive. He carried various responsibilities as the organisation embarked on a turnaround journey. He was appointed to the Tongaat Hulett Board in 2019.

In 2024, he re-joined Eskom as the new Group Chief Executive. He has a vision and a goal to implement the Generation Recovery Plan, create transmission capacity, and chart a path to a sustainable future for Eskom. He is a leader who leads from the front and has in-depth knowledge of the Eskom environment.

Dan Marokane is a seasoned executive who has fought against state capture, fraud and corruption. He is a suitable leader for Eskom, who can help the company overcome its financial and operational challenges. He is also a role model for young South Africans who aspire to make a positive difference in their country.

Dan Marokane Net Worth

According to Bloomberg, he earned a total compensation of R 8.9 million in 2020 as the Acting CEO of Tongaat Hulett, a sugar and property company. Fan Marokane net worth is not publicly disclosed, but it is likely to be higher than his salary, as he may have other sources of income, such as investments, bonuses, or shares.

Dan Marokane Age

Dan Marokane

Dan Marokane was born in 1974 in South Africa. Dan Marokane is 50 years old as of 2024.

Dan Marokane Place of Birth

Dan Marokane was born in Soweto, South Africa in 1974. Dan Marokane is a South African citizen.

Dan Marokane Wife

Dan Marokane wife is Nthabiseng Marokane, who is a businesswoman and a director of several companies. They have two children, a son and a daughter.

Dan Marokane Education and Career

Dan Marokane is a qualified chemical engineer who also holds an MBA. He studied chemical engineering at the University of Cape Town, where he graduated with a Bachelor of Science degree in 1996. He then pursued his MBA at the University of Pretoria, where he graduated with distinction in 2004 .

He has over 20 years of senior leadership experience in the oil, gas and power industries. He started his career at Sasol, a leading energy and chemical company, where he worked for 12 years. He held various operational and strategic roles, such as Senior Manager of Operations, General Manager of Strategy and Business Development, and Vice President of Gas .

He then joined Eskom in 2010 as the Divisional Executive for Primary Energy. He was responsible for securing the coal supply for Eskom’s power stations, as well as managing the water, nuclear fuel, and renewable energy portfolios. He later became the Group Executive for Group Capital, where he oversaw the execution of Eskom’s capital expansion program, which included the construction of new power plants and transmission lines. He then became the Chief Executive for Technology and Commercial, where he managed the engineering, technology, procurement, and commercial functions of Eskom.

In 2015, he and three other senior executives were suspended from Eskom, as part of the state capture scheme orchestrated by the Gupta family and former President Jacob Zuma. He fought for his rights and reputation, and eventually reached a settlement with Eskom that cleared his name. He also received a letter of recommendation from the former Eskom chairperson, who praised his integrity and competence.

He left Eskom in 2016 and joined Tongaat Hulett, a sugar and property company, as an executive. He carried various responsibilities as the organisation embarked on a turnaround journey. He was appointed to the Tongaat Hulett Board in 2019. He also served as the Acting CEO of Tongaat Hulett from 2020 to 2021, where he led the recovery and stabilisation of the company.

He also held other positions outside Eskom and Tongaat Hulett, such as the Director of the UK High Commission’s Prosperity Fund, which supports economic development and trade in South Africa and the region. He was also a lecturer at the University of Johannesburg, where he taught MBA courses on strategy, leadership, and innovation .

He re-joined Eskom as the new Group Chief Executive in 2024, after a rigorous and transparent recruitment process that involved the Eskom Board, the Public Enterprises Minister, and the Cabinet . He has a vision and a goal to implement the Generation Recovery Plan, create transmission capacity, and chart a path to a sustainable future for EKSOM

Who is Dan Marokane wife?

Dan Marokane wife is Nthabiseng Marokane.

What is Dan Marokane net worth?

Dan Marokane net worth was estimated to be sitting at around R 10 million.

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