Mr Oritsedere Otubu has been named Chairman of the Board of Directors of the Eko Electricity Distribution Company (EKEDC).
The announcement was made by the electricity distribution company’s General Manager, Corporate Communications, Mr Godwin Idemudia, on Thursday in Lagos.
According to the statement, Otubu took over from Mr Charles Momoh, the first Chair, who was stepping down after eight years in accordance with the company’s policy and international best practices.
He stated that the EKEDC board and management were confident that the new chairman would wisely lead the company into a new stage of development.
He stated that this was done in order to achieve industry milestones and improve its position as the leading and customer-centric power utility company, as well as the preferred choice of all stakeholders.
He urged customers, partners, and other stakeholders to give the company’s new chairman and board of directors their full support and cooperation.
“He is the Chairman of Elektron Petroleum Energy and Mining Limited, which owns Alausa Power Limited; the Chairman of Venture Garden Group; a former Director of Access Bank Plc; and a former member of Delta’s Economic Advisory Team.”
“He has also served on the Western Delta University Board of Trustees.”
“Otubu is a finance and economics expert who has earned numerous academic degrees both in and out of the country.”
“He has a master’s degree in accounting from Houston Baptist University in Texas, USA.” He is a sports enthusiast and an avid sportsman.”
According to Idemudia, Otubu described the appointment as a watershed moment in the power sector’s maturation journey, as the needs of EKEDC customers, regulators, and other stakeholders changed rapidly.
“We are constantly engaged in charting the strategic and innovative course of this company’s growth and contributing to both the power sector’s and the nation’s development in ways that will enable sustained and beneficial growth for all in the years ahead,” he said.
