Kano – The Nigerian Electricity Regulatory Commission (NERC) and Bureau of Public Enterprises (BPE) have approved the appointment Ahmed Dangana, as the new Managing Director/Chief Executive Officer of the Kano Electricity Distribution Company (KEDCO)
Dangana is a seasoned management consultant and a business turnaround specialist.
His appointment followed the take over of KEDCO and two other distribution companies by the Fidelity Bank PLC.
Ibrahim Sani Shawai, Chief Corporate Communications Officer, KEDCO confirmed this in a statement.
The take over of the three DiSCOs by the bank prompted the Federal Government to restructure five DisCos.
“Dangana will consolidate on the achievements of past management to improve operational efficiency and deliver long term value in the company by reducing Aggregate Technical, Commercial and Collection (ATC&C) losses and improving the company’s revenue base.
With over 16 years experience in managing diverse portfolios across multiple sectors of the economy, including power, investment banking, public finance, oil and gas and agro-allied industry, he will bring on board his deep experience in business transformation to maximise value for all KEDCO stakeholders,” the statement said.
Prior to his appointment, Dangana was a senior executive with Ernst and Young (EY), a multinational professional services firm providing consulting, assurance, tax and transactions services for clients in public and private sectors where, he led the Finance Transformation team in West Africa with focus on corporate restructure, financial management and business transformation.
In this role, he led various projects with governments, development finance institutions and corporate entities on key developmental initiatives.
Upon assumption of duty, Dangana assured customers and all stakeholders of improved service delivery and electricity supply in Kano franchise.
He said thus will be made possible after the completion of the ongoing capex projects on network expansion and maintenance.
Also, the regulators have approved the appointment of Ambassador Hassan Tukur as the chairman Board of Directors of KEDCO.
Other members of the board are; Mr. Nelson Ahaneku, Engr Rabiu Suleiman, Mr Amaechi C. Aloke and Dr Bashir Gwandu. (vitalnewsngr.com)