Calib Cassim, Eskom's chief financial officer, said that Pillay had shown commitment towards managing Eskom's liquidity through some of the most challenging times for the company.
“We are cognisant of how critical the group treasurer role is for Eskom and have requested that Andre remain in the position for the next two months to ensure a seamless transition and business continuity through the handover process,” Cassim said.
“Andre’s replacement will be announced in due course. We believe that the Treasury operations will continue with ease with the support of the current Treasury leadership.”
Pillay earlier this year laid bare the pressure that had been brought to bear on him and his colleagues during the height of the alleged capture of the utility by Gupta-linked companies.