The Abuja Electricity Distribution Company (AEDC) has announced a new board and interim management.
This is according to a press release forwarded to Nairametrics by officials of the new board.
According to the release, the new board and interim management is led by Victor Osadolor as Chairman. Osadolor is currently Chairman of UBA Pensions, a Non-Executive Director of African Finance Corporation (AFC),
“Alex Okoh is also a member of the Board, and is currently the Director-General of the Bureau of Public Enterprises (BPE).
“Other members of the board include Atiku Abubakar Tambuwal, Sam Adikamkwu; a legal practitioner and former Chief Legal Adviser at the United Bank for Africa (UBA); and Muyiwa Akinyemi, seasoned accountant and a current Group Executive at the United Bank for Africa (UBA).
“The Interim Management is led by Bada Akinwumi, who will serve as the Interim Managing Director. Other members of the interim management are: Sani Usman, Interim Chief Business Officer; Babajide Ibironke, Interim Chief Finance Officer; Donald Etim, Interim Chief Marketing Officer; and Femi Zacheus Interim Chief Technical Officer,” the statement said.
Backstory
Nairametrics had reported when the Bureau of Public Enterprises (BPE) announced a 5-member interim management team for AEDC following the crisis rocking the Distribution Company.
This was disclosed in a statement by Amina Othman, Head, Public Communications, on Thursday in Abuja.
The BPE added that the Nigerian Electricity Regulatory Commission (NERC), has also approved the appointment of the interim management team.
Chairman of NERC, Sanusi Garba, said the development is in pursuance of the earlier fit and proper review of BPE’s pool of nominees and in the context of business continuity framework of the Nigerian Electricity Supply Industry (NESI).
