By Pathfinder Reporter
Wednesday June 5, 2024
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The Board of Directors of Ibadan Electricity Distribution Company (IBEDC), has appointed Engr Francis Agoha as the company’s new managing director.
Mr Agoha took over from Engr Kingsley Achife whose tenure of contract has expired.
Agoha, who has been an integral part of the executive team as Chief Technical Officer, assumes the role in Acting capacity.
“Engineer Agoha brings over 20 years of experience in the power sector.’’
His strategic acumen positions him aptly to spearhead our company’s trajectory forward.
He will collaborate closely with the Board to ensure continuity and drive our strategic imperatives,” a statement signed by the I EDC management read.
Concurrently, as part of IBEDC’s strategic plan to successfully transition to new investors while ensuring a focus on improving customer satisfaction (supply availability and reliability), commercial and technical growth (improved ATC&C), the Board also appointed Adeoye Fadeyibi, an engineer, as an “Expert Consultant Adviser” to the Board.
Fadeyibi, the statement said, will collaborate with the Board and the Acting Managing Director to spearhead initiatives aimed at reducing commercial and technical losses within the Company.
“His expertise and leadership will be pivotal in advancing the company’s goals and enhancing operational efficiency while working closely with the Board and relevant stakeholders in delivering the transition timeline mandate,” the statement further explained.
These strategic appointments, IBEDC further noted, signal its resolve to accelerate growth, enhance performance, and navigate a successful transition with a committed focus.
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