The Board of Directors has appointed Mr. Bernard Ngugi, formerly the General Manager, Supply Chain, as the Managing Director and CEO of the Company with effect from 28th October 2019 following a competitive recruitment process.
Prior to his appointment, Mr Ngugi was the Company’s General Manager in charge of Supply Chain. He takes over from Eng. Jared Othieno who has been the Acting MD & CEO since July last year when he was appointed to the position following the exit of the former Management team.
Mr Ngugi brings onboard a 30-year experience in the Company with expertise in financial and revenue accounting, internal audit and supply chain management.
KPLC in a tweet, touted Mr. Ngugi, a Certified Public Accountant of Kenya and a member of the Institute of Certified Public Accountants of Kenya. He is also a Certified Public Secretary of Kenya and a member of the Institute of Certified Public Secretaries of Kenya.
Mr. Ngugi while accepting his appointment, vowed to lead the power supplier to greater heights in Profitability.
“My immediate focus is to lead the Company towards improved profitability while ensuring the business fulfills its socio-economic purpose. This will be achieved by implementing our 5 Year Strategic Plan that broadly aims at delivering excellent customer service and ensuring our business sustainability,” Ngugi said.
The position fell vacant after Ben Chumo’s three-year tenure as CEO ended in January 2017. His bid for a second three-year term was unsuccessful, as a court order barred Kenya Power from renewing his tenure at the company.