GBR Team 28/10/2019
Kenya’s monopoly electricity distributor Kenya Power has reportedly picked its head of supply chain Bernard Ngugi as the next CEO, sources indicate.
He beat out other shortlisted candidates with the closest challenger being Engineer Kenneth Chege, the Mt. Kenya regional manager.
Ngugi, an accountant by profession also beat out acting MD Engineer Jared Othieno as well as the Energy Regulator boss Pavel Oimeke.
The announcement is expected to be made on Tuesday 29 October by company chairman Ambassador Mahboub Maalim at the firm’s headquarters at Stima Plaza.
“The Chairman of the Board of Directors of Kenya Power and Lighting Company Plc will announce the new Managing Director & CEO of the Company tomorrow (Tuesday) 29th October, 2019,” Kenya Power said in a statement.
Ngugi has been in charge of procurement at the giant utility as the General Manager Supply Chain. Before that he was the Chief Accountant – Treasury Section.
Othieno has been acting in interim capacity since the ouster of Dr. Ken Tarus in July last year over corruption allegations. Unverified reports indicate that his next stop may be st the Energy and Petroleum Regulatory Authority where director-general Pavel Oimeke’s term is ending.
Kenya Power is 50.1% owned by the Government of Kenya and is the sole retail distributor of power in the country.