City Power appoints new Managing Director
03 October 2017
The board of directors of City Power, City of Joburg’s power distribution entity, has appointed Mr Lerato Setshedi as the entity’s new Managing Director with effect from 2 October 2017.
Setshedi joined City Power in 2002 as a Maintenance Manager and rose through the ranks to hold the positions of Manager of Field Services; General Manager of Support Services; General Manager of Technology; Director of Metering Services and now Managing Director.
His academic qualifications include a master’s degree from the University of La Sorbonne in France; a BSc degree in electrical engineering and electronics from the University of Cape Town, and he has completed programmes in middle management, accelerated management and executive development. The chairperson of the City Power board, Lael Bethlehem, congratulated Setshedi on his new position.
“The board is cognisant of the many challenges facing City Power and it is looking forward to building a culture of efficiency, service and good governance under Mr Setshedi’s leadership,” said Bethlehem.
She added that City Power has weathered significant challenges in the past, which includes challenges in leadership, and “we wish the new MD well in his role and have full confidence that he will lead the entity to new heights”.