Brian Molefe | |
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Member of the National Assembly of South Africa | |
Assumed office 21 August 2024 | |
Brian Molefe is a South African businessman and business executive.
He was elected as a member of the National Assembly, representing the UMkhonto we Sizwe, in the 2024 South African general election.
Molefe rose to prominence during his tenure as the CEO of the Public Investment Corporation, heading the secretariat as CEO at the beginning of the corporatisation of the PIC in 2003 through 2010, leaving the organisation with assets under management of R900bn at the expiry of this contract. He was previously a political activist and politician. He is best known for his roles as the CEO of the Public Investment Corporation (2003 –2010), CEO of Transnet (2010 –2015) and Eskom (2015 –2016).
On 29 August 2022, Molefe was arrested on corruption charges linked to a R93-million corruption and fraud case into the purchase of locomotives for Transnet.[1]