The Kenya Power Board of Directors has appointed Bernard Ngugi as the Managing Director and Chief Executive Officer of the Company.
Prior to his appointment, Ngugi was the Company’s General Manager in charge of Supply Chain.
Ngugi has over 30 years experience in the company with expertise in financial and revenue accounting, internal audit and supply chain management.
He holds a Master of Business Administration in Finance and Bachelor of Commerce in Accounting.
“The immediate focus is to lead the Company towards improved profitability while ensuring the business fulfils its socio-economic purpose,” Ngugi said.
He thanked the interim management team led by Eng. Othieno for stabilising the company after the crisis occasioned by the exit of the previous management team.
“We believe that Mr Ngugi will see the Company through an important stage of its development and growth as we work to diligently implement all our plans to strengthen the Company and the commercial aspects of our business,” said Kenya Power’s Chairman Amb (Eng) Mahboub Maalim.
Engineer Jared Othieno has been acting since July last year when Energy CS Charles Keter appointed him.