Bate still expects to play role in green transition following IDC departure

Former Industrial Development Corporation (IDC) COO Joanne Bate, who departed the development financier at the end of January, expects to continue to play some role in South Africa’s green energy transition but has not yet taken up any specific new position. Having worked for the IDC in the late 1990s, Bate rejoined the State-owned entity on a five-year contract in February 2020, following a period in the commercial banking sector that included stints with HSBC and Barclays/Absa.