Ibadan Electricity Distribution Company has appointed a new Acting Managing Director, Mr Francis Agoha.
IBEDC noted that this is a sequel to the expiration of Mr Kingsley Achife’s tenure, which will not be renewed.
According to the company this is a decisive step forward and a significant change in its leadership and strategic direction.
This is contained in a Monday statement titled, “IBEDC’s Announces New Leadership and Strategic Direction.”
According to the statement, these appointments signify IBEDC’s commitment to operational excellence and customer-focused growth during a pivotal transition phase.
“In a major strategic move aimed at further consolidating our transformation journey, the Board of Directors at Ibadan Electricity Distribution Company has announced pivotal changes in leadership and direction.
“Following the expiration of his tenure, Engineer Kingsley Achife’s contract as Managing Director will not be renewed. The Board extends its sincere gratitude for his invaluable contributions and the solid foundation laid for our ongoing transformation.
“In a seamless transition, Engineer Francis Agoha, who has been an integral part of the executive team as Chief Technical Officer assumes the role of Acting Managing Director. Engr. 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,” it read.