The Kaduna Electricity Distribution Company, KEDC, has announced the departure of its Managing Director and Chief Executive Officer, Yusuf Yahaya.

The management of Kaduna Electricity Company disclosed this in a statement on Friday.

According to Kaduna DisCo, the development comes upon the expiration of the tenure of Yahaya.

“Kaduna Electricity Distribution Company (Kaduna Electric) hereby announces the departure of Yusuf Usman Yahaya as Managing Director/Chief Executive Officer of the Company. Engr. Yahaya was appointed in July 2022 in furtherance of concerted efforts by stakeholders—the Nigerian Electricity Regulatory Commission, Bureau of Public Enterprises, Central Bank of Nigeria and Lender- African Export-Import Bank and Fidelity Bank- for an intervention in Kaduna Electric alongside select electricity distribution companies in Nigeria.

“Since his appointment, Engr. Yahaya has led and executed a decisive ongoing turnaround programme to effect critical people and organizational reform, accomplish commercial growth, and enhance service delivery to our customers, aided by extended investments in network and energy management infrastructure.

“Kaduna Electric wishes to convey its gratitude to Engr. Yusuf Usman Yahaya, for his leadership and management in initiating the much-needed corporate turnaround of the company, and we extend our best wishes to him in his next endeavours”, the statement reads.

Recalls that in July 2022, Yahaya was appointed as the MD of KEDC in furtherance of concerted efforts by the Nigerian Electricity Regulatory Commission, Bureau of Public Enterprises, Central Bank of Nigeria and Lender- African Export-Import Bank and Fidelity Bank.