This archive report was first published on 24 December 2019.
December 24, 2019
Kenya Power has replaced nearly all its senior managers in an effort to revamp its leadership and restore credibility following corruption allegations. The power retailer has appointed nine new general managers, including Imelda Bore as general manager for corporate affairs and company secretary, and Peter Njenga as general manager for street lighting.
The new management team, which includes a mix of newcomers and Kenya Power insiders, will serve a four-year term. The appointments come after the suspension of the previous team on charges of corruption, and the firm's recent profit warning indicating a decline in profits by at least 25 per cent compared to last year's earnings.
Chief Executive Bernard Ngugi, who was recently appointed CEO from his previous role as general manager for supply chain, has cited a lack of focus as one of the ills that afflicted the power distribution company. He has vowed to lead the company into improved profit and ensure the sustainability of the business.
Ngugi's new management team will face the challenge of regaining the trust of customers, who have been affected by the firm's recent struggles. The appointments are seen as a step towards revamping the firm's image and restoring its credibility.
