Saturday, December 21, 2024
36.3 C
Lagos

AEDC Appoints Chijoke Okwuokenye as MD/CEO

Abuja Electricity Distribution Company (AEDC) has announced the appointment of Engr. Chijioke Okwuokenye as the acting Managing Director, with immediate effect.

This appointment, which is part of the transformation agenda of the company, will see Engr. Okwuokenye drive the positioning of AEDC as the foremost, customer-focused electricity distribution company in the Nigerian power sector.

Prior to his appointment, he served as the company’s Chief Operating Officer, where he oversaw strategic support units and embedded generation projects of the company. He brings to the role a wealth of experience and expertise in the power sector, as well as a passion for the attainment of the vision for the Nigerian electricity supply industry.

Speaking on the appointment, the Chairman of the Board of Directors, Dr. Stanley I. Lawson, said: “Chijioke Okwuokenye is an experienced leader who has been a part of the company’s transformation agenda and is well suited to drive its corporate turnaround. I am confident that, with his technical and commercial background, he will continue to drive value for all AEDC stakeholders.”

The company also announced the appointment of Olumide Jerome as the Chief Operating Officer. Prior to this, he served as one of the company’s Chief Business Officers. He will drive efficiency and operational excellence across the company as part of his new responsibilities.

Abuja Electricity Distribution Plc (AEDC) is an electricity distribution company in Nigeria, committed to delivering dependable electricity to millions across the nation’s key commercial centres – Federal Capital Territory (Abuja), Kogi, Niger, and Nasarawa states.

In May 2023, a Transcorp-led consortium, became the core investor in AEDC, following its 60% acquisition of the company’s shares. Since this strategic acquisition, the company has intensified efforts to upgrade substations, expand distribution networks, and integrate cutting-edge technologies, to enhance power supply reliability and operational efficiency.

AEDC prioritises customer experience and consistently strives to create value for all stakeholders, while contributing to the socioeconomic development of the regions it serves.

spot_img
spot_img
spot_img

Hot this week

PenCom Targets N22tn Pension Contributions by End 2024

The National Pension Commission (PenCom) says it expects pension...

PalmPay, Jumia Launch Holiday Campaign to Reward Users

This holiday season just got a whole lot more...

Adekunle Gold, Wande Coal, Young Jonn Set to Thrill Fans at Lagos Shopping Festival

Lagosians are in for the most exciting music extravaganza...

Mediacraft Associates Continues to Blaze the Trail in Awards

  Group CEO Voted ‘Legend of Marketing Comms’ John Ehiguese, CEO...

Committee of Banks in Nigeria Donates Multimillion Naira Relief Materials to Jigawa Flood Victims

The Committee of Banks in Nigeria on Thursday lifted...

Topics

Stanbic IBTC: ‘Women Should Engage in Wealth Building Investment’

As part of efforts to continually advance women entrepreneurs...

3rd Annual Africa Bancassurance MasterClass 2016

Theme: Strategy, Marketing and Global Best Practice for Banks...

NAICOM Committed to Insurance Development in Nigeria

Mr. O.S. Thomas Commissioner for Insurance NAICOM Mr. O.S. Thomas, the Commissioner...

Gambian Minister Applauds Nigeria’s Strides in Telecom Regulation

The Gambian Minister of Communications and Digital Economy, Ousman...

Standard Chartered Bank Commits $75bn Towards SDGs

Standard Chartered Bank has announced new business targets for...

BPE: ‘NIPOST Will Return to Profitable Path’

The planned restructuring and modernisation of the Nigerian Postal...

Nigeria, Japan Partner on Digital Economy

Mr. Bitrus Bako Nabasu, Permanent Secretary, Ministry of Communications...

Kagame, Elumelu for Young Entrepreneurship Day at Africa 2017 Forum

HE Paul Kagame, President of Rwanda and chairman of...
spot_img

Related Articles

Popular Categories

spot_imgspot_img