Energy - News - March 29, 2022

AEDC gives reasons for reorganising its management team

MEDIATRACNET

The Abuja Electricity Distribution Plc (AEDC) has given reasons for the reorganization of its recently reconstituted management team.

The company said on Tuesday that the decision to effect the reorganization was to ensure greater efficiency in the delivery of its mandate to customers in its franchise area in Abuja and its environs.

In announcing the reorganization, the electricity distribution company appointed Adeoye Fadeyibi as its new Managing Director/Chief Executive Officer, and Kassim Abdulahi Burkullu as Chief Technical Officer.

Fadeyibi, a turn-around manager with over 20 years executive management experience, succeeds Akinwumi Bada, who served as the company’s Interim Managing Director since last year, before his decision to vacate his position to pursue other personal business interests.

Prior to joining AEDC, Fadeyibi was the Managing Director of Eko Electricity Distribution Company, (EKEDC), a Lagos-based electricity utility company.

He is credited to have turned around the fortunes of EKEDC by significantly reducing the company’s Aggregate, Technical, Commercial and Collection (ATC&C) losses, expanding its revenue base and delivering innovation in several aspects of the business.

The new managingbdirector was also the pioneer Managing Director at Transcorp Power Limited, Ughelli, Delta State where he was also credited with the achievement of ramping up the generating company’s performance from 164MW to 634MW in 25 months.

He joined Transcorp Power from General Electric where he had held several strategic roles with oversight for Middle East and Africa.

A fellow of several professional bodies, Fadeyibi obtained his Bachelor’s degree in Mechanical Engineering from the State University of New York, SUNY Buffalo, New York and the General Electric Power Systems University in Schenectady, New York, where he completed his training in turbine power systems and applied knowledge obtained towards developing the Global Turbines/Generator Field resources.

For Burkullu, he would be replacing Oluwafemi Zacchaeus as the company’s new Chief Technical Officer (CTO). Zacchaeus served as the Interim Chief Technical Officer of the company.

A seasoned engineer and energy industry expert, Burkullu brings to the job over 25 years’ cognate experience spanning several sectors.

He joined AEDC from Kano Electricity Distribution Company (KEDCO) where he was Head, Corporate Technical Operations Services.

The Chairman of the Board, AEDC, Victor Osadolor, who spoke on the new appointments said the management was very delighted that both Fadeyibi and Burkullu were joining the company, bringing with them exceptional abilities and invaluable industry expertise.

“They will effectively complement the component of management team already in place.
“These appointments are necessary steps in positioning AEDC towards efficiency in customer service delivery and ensuring the effectiveness of turn-around embarked upon by the new management of the company.

“We are convinced that with a combined industry experience of over five decades, the new executives are very capable of meeting the yearnings of millions of our customers who seek seamless power services,” Osadolor said.

Commenting on his appointment, Fadeyibi commended the management of AEDC and the previous MD for the excellent work done so far and for the confidence reposed in me to help achieve the goals of the organisation.

“I have studied the strategic focus of this business and with the full support of the board, we are sure to meet and even surpass our expectations for this great company,” he said.

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