UPDATE 3-S.Africa's Eskom to start search for new CEO
* Credible and respected leaders needed - analyst
* Acting chairman, minister say Maroga no longer CEO
* Minister says proper steps were taken to resolve crisis
(Adds government minister comments, paragraphs 11-12)
JOHANNESBURG, Nov 12 (Reuters) - South African power utility Eskom said on Thursday it would start looking for a new chief executive officer after Jacob Maroga quit the post, ending a long leadership battle at the troubled state-owned group.
The crisis at Eskom [ESCJ.UK] could however still unnerve mining firms and foreign investors, uncertain whether the company will be able to supply enough power to run mining operations after the national grid ground to a near halt early last year.
The loss of Maroga and of Eskom's chairman, Bobby Godsell, this week raised questions over the government's ability to run state-owned firms as key roles at various enterprises are still unfilled while the companies struggle to resolve internal battles.
Eskom's acting chairman, Mpho Makwana, told a news conference that he had been entrusted to run the company until the appointments of a new chairman and CEO and that the government stood fully behind the group's board. Continued...
© Thomson Reuters 2009. All rights reserved. | Learn more about Thomson Reuters
