Eko Electricity Distribution Plc (EKEDP), on Thursday, announced the appointment of Oritsedere Otubu, a pioneer board member, as new chairman.
Otubu replaces Charles Momoh, the pioneer chairman, who is stepping down after 8 years.
A statement by General Manager, Corporate Communications, Godwin Idemudia, says the company believes Otubu will lead EKEDP into a new phase of developmental journey.
Idemudia said Otubu, an entrepreneur with a diversified portfolio of investments, â€œhas a track record of successfully developing and building businesses for over 30 yearsâ€.
The appointee is Chairman, Elektron Petroleum Energy and Mining Limited, owners of Alausa Power Limited; Chairman, Venture Garden Group.
Otubu was formerly Director of Access Bank Plc; ex-member, Delta State Economic Advisory Team; ex-member, Western Delta University Board of Trustees.
The Finance and Economics expert holds a masterâ€™s degree in Accounting from Houston Baptist University Texas, United States. He is a sportsman and enthusiast.
â€œThis is quite an important point for the power sector in its journey to maturity as the needs of our customers, regulators, and other stakeholders are changing rapidlyâ€, the statement quoted him saying.
Otubu assured that the EKEDP would continue to chart the course for growth and contribute to both the power sector and Nigeriaâ€™s development.