AEDC Appoints Chijioke Okwuokenye As MD/CEO To Implement Its Transformation Plan

The Abuja Electricity Distribution Company (AEDC) announced on Monday that Engr. Chijioke Okwuokenye has been appointed as acting Managing Director, effective immediately.

Engr. Okwuokenye’s appointment, as part of the company’s transformation agenda, will see him drive AEDC’s positioning as the leading, customer-focused electricity distribution company in Nigeria’s power sector.

Adefisayo Akinsanya, AEDC’s Head of Marketing and Corporate Communications, stated that prior to his appointment, he was the company’s Chief Operating Officer, overseeing strategic support units and embedded generation projects. He brings to the role a wealth of experience and expertise in the power sector, as well as a strong desire to see the Nigerian electricity supply industry achieve its vision.

Dr. Stanley I. Lawson, Chairman of the Board of Directors, commented on the appointment, saying, “Chijioke Okwuokenye is an experienced leader who has been a part of the company’s transformation agenda and is well suited to drive its corporate turnaround.” I am confident that, given his technical and commercial background, he will continue to add value to all AEDC stakeholders.”

The company also announced the appointment of Olumide Jerome as Chief Operating Officer. Prior to this, he was one of the company’s chief business officers. As part of his new responsibilities, he will promote efficiency and operational excellence throughout the company.

Abuja Electricity Distribution Plc (AEDC) is a Nigerian electricity distribution company dedicated to providing dependable power to millions of people in the country’s major commercial centres, including the Federal Capital Territory (Abuja), Kogi, Niger, and Nasarawa states.

After acquiring 60% of AEDC’s shares, a Transcorp-led consortium became the company’s core investor in May 2023. Since this strategic acquisition, the company has increased its efforts to upgrade substations, expand distribution networks, and integrate cutting-edge technologies to improve power supply reliability and operational efficiency. AEDC prioritises the customer experience and consistently strives to create value for all stakeholders, all while contributing to the socioeconomic development of the communities it serves.