This archive report was first published on 30 October 2019.
Kenya Power has appointed Bernard Ngugi, a 30-year veteran of the company, as its new CEO to address declining revenues and loss of customer confidence.
Ngugi, who has been the general manager for supply chain, takes over from Ken Tarus, who was ousted last year following his arrest and charge with corruption.
Ngugi beat 70 other applicants for the job, including several colleagues currently serving in management, and will focus on growing profits and restoring customer confidence.
Kenya Power is facing difficulties, including declining revenues, with the company issuing a profit warning for the year to June, indicating that earnings would fall by at least 25 per cent.
The company has also been facing a backlash from its customers, with last year's complaints of backdated charges and alleged overbilling among consumer issues that the new boss will have to deal with.
Ngugi's appointment comes as Kenya Power is recruiting the other members of management, with the firm advertising for the nine general manager positions in November.
