The Eko Electricity Distribution Company (EKEDC) has announced the appointment of Mr Oritsedere Otubu as chairman of its board of directors.
The electricity
distribution company made the announcement in a statement by its general
manager, Corporate Communications, Godwin Idemudia, on Thursday in Lagos.
The statement said Mr
Otubu took over from Charles Momoh, the pioneer chair who stepped down after
eight years in line with the company’s policy and international best practices.
EKEDC expects Mr Otubu
to consolidate on the gains achieved under his predecessor with monthly
revenues of N11 billion.
Mr Otubu 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 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,” added the statement.