Eko Disco Appoints New Board Chairman

The  Eko Electricity Distribution Company (EKEDC) has approved the appointment of Mr. Oritsedere Otubu as its Chairman, Board of Directors.

The electricity distribution company disclosed this in a statement by its General Manager, Corporate Communications, Mr. Godwin Idemudia on Thursday in Lagos.

The statement read that Otubu took over from Mr. Charles Momoh,  who was the pioneer Chair and was stepping down after eight years in line with the company’s policy and international best practices.

He said the EKEDC board and management remained confident that the new chairman would astutely lead the company into a new phase of the developmental journey.

He said this was to attain industry milestones and optimise its position as the leading and customer-centric power utility company and the preferred choice of all stakeholders.

” Otubu plays a strong leadership role in the direction and governance of many companies, where he holds significant interests.

“He is the Chairman of Elektron Petroleum Energy and Mining Limited, owners of Alausa Power Limited; Chairman of Venture Garden Group; former Director of Access Bank Plc; and past member of the Economic Advisory Team of Delta.

“He has also served on the Board of Trustees of Western Delta University. Otubu is an expert in Finance and Economics and has attained many academic degrees both within and outside the country.

“He holds a master’s degree in Accounting from Houston Baptist University Texas in the United States. He is an avid sportsman and a sports enthusiast.”

Idemudia quoted Otubu as describing the appointment as an important point for the power sector in its journey to maturity as the needs of EKEDC customers, regulators, and other stakeholders changed  rapidly.

According to him, “We are engaging continuously to strategically and innovatively chart the course of this company’s growth and contribute 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.”