THE Kano Electricity Distribution Company (KEDCO) has announced Abubakar Yusuf as the Acting Managing Director of KEDCO, effective immediately.
This was disclosed by the Chairman of the Board of KEDCO, Adamu Gumel.
The appointment followed the dissolution of the Interim Management Board that previously oversaw KEDCO under Receivership and Restructuring.
Gumel emphasised the importance of the new Board’s commitment to following global best practices and adhering to necessary regulatory requirements in the selection of a Managing Director.
He said the decision marked a crucial step in KEDCO’s journey towards achieving excellence and enhancing its service delivery.
Gumel stated: “We are instituting a competitive process to identify a Managing Director, in line with international standards. This approach will ensure that KEDCO continues to evolve and excel in the power distribution sector.
“As KEDCO undergoes this transformative phase, Mr. Abubakar Yusuf, the newly appointed Acting MD, will collaborate closely with the Board to spearhead the repositioning of the company. The focus is firmly set on making KEDCO the leading Distribution Company (DISCO) in Nigeria.
“Mr. Yusuf will play a pivotal role during this process as we work together to enhance KEDCO’s performance and services.”
Gumel stressed that the values of meritocracy would underpin all processes within the “New KEDCO.”
“Hard work and the creation of value will be key factors in recognising and rewarding employees’ contributions, fostering a culture of excellence and innovation.
“In a show of gratitude and appreciation, the Board extended its thanks to Mr. Ahmed Dangana for his dedicated service as the outgoing Managing Director and for his support during the transitional period. In recognition of his valuable contributions, Mr. Dangana has been invited to participate in the process of identifying a new Managing Director, alongside other qualified candidates.
“As KEDCO sets its sights on a bright future with Mr. Abubakar Yusuf as the Acting Managing Director, the company is committed to delivering improved electricity distribution services, driving efficiency, and benefiting its customers and the broader community in Kano and beyond,” the statement added.
