Again, shakeup in AEDC

The Abuja Electricity Distribution Company (AEDC) has made some changes to its leadership in what officials called “realignment and appointments.”

A statement last night by the acting Managing Director/CEO, Victor Ojelabi, said the changes were in furtherance of the implementation of the Board-approved AEDC Turnaround Plan.

He said, “Please be advised of the following key updates in our dear company, as we move to reposition AEDC as the clear market leader in the Nigerian electricity distribution.”

The statement said Godfrey Aba has been appointed Chief Technical Officer and that he will be responsible for overseeing and managing all aspects of the company’s technical operations to ensure efficient operations and optimal network performance.

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“The Chief Business Officer role has been restructured to provide the right executive attention and drive for our districts, ensure end-to-end energy accounting and improve customer experience. We will now have  three Chief Business Officers reporting to the MD/CEO directly.

“Leticia Ejendu has been appointed as one of the three Chief Business Officers, within the new CBO structure. She will oversee the other regions pending the appointment of the other two CBOs. Her appointment takes effect immediately.”

The statement added that Ibem Idika has been appointed Head, Human Resources, saying he will be responsible for developing, coordinating, and implementing the HR policies across the Company as well as implementation of the Company’s talent strategy.  Also, Irene Nwankwo has been appointed Chief Internal Auditor effective immediately.

Daily Trust also gathered from reliable sources that the Managing Director/Chief Executive Officer of the company, Christopher Ezeafulukwe has resigned.

Although official sources said Mr Ezeafulukwe is on medical vacation, unconfirmed reports revealed that he resigned.

One of the sources said he was at work on Friday last week.

He resigned barely five months after assuming duty on September 1, 2023,  following the acquisition of 60 per cent stake in the company by Transcorp-led investors.

Mr. Ojelabi is the 6th CEO of the company in 10 years. The others are: Neil Croucher; Ernest Mupwaya (longest serving); Akinwumi Bada; Adeoye Fadeyibi; and Mr. Ezeafulukwe.