This archive report was first published on 29 October 2019.
On October 29, 2019, Kenya Power announced the appointment of Bernard Ngugi as its new Managing Director and Chief Executive Officer.
Ngugi, a seasoned executive with expertise in financial and revenue accounting, takes over from Jared Othieno who has been serving in an acting capacity since July 2018.
Ngugi's appointment comes after a period of transition for the company, which had been led by a caretaker management team following the departure of Ben Chumo in January 2017.
According to Mahboub Malim Mohammed, the board's chairman, Ngugi was chosen for his exceptional skills and experience, which will enable him to take the company to the next level.
Ngugi, a Certified Public Accountant of Kenya and a member of the Institute of Certified Public Accountants of Kenya, expressed his commitment to leading the company towards improved profitability and business sustainability.
"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.
