Mohammed Shosanya
The Board of Directors at Ibadan Electricity Distribution Company (IBEDC),has appointed Engineer Francis Agoha, as the Acting Managing Director of the power firm.
Agoha,who has been an integral part of the executive team as Chief Technical Officer, brings over 20 years of experience in the power sector, a statement said on Monday.
His appointment follows the expiration of his tenure of the former boss of IBEDC Engineer Kingsley Achife.
According to the statement, Francis Agoha’s strategic acumen positions him to spearhead the company’s trajectory forward,adding that he will collaborate closely with the Board to ensure continuity and drive our strategic imperatives.
His appointment is 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).
Engineer Adeoye Fadeyibi 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 said .
The statement added:”Our steadfast commitment remains unwavering: delivering reliable electricity services to our esteemed customers and stakeholders. These strategic appointments signal our resolve to accelerate growth, enhance performance, and navigate a successful transition with a committed focus.
“We are poised for a dynamic future, fueled by strategic foresight and a relentless pursuit of excellence. Thank you for your continued trust in IBEDC as we continue on this transformation journey together”.