Kenya Power appoints Geoffrey Muli interim Managing Director
Geoffrey Muli has been appointed an interim Managing Director of Kenya Power effective May 17, 2022.
He takes over from Rosemary Oduor who has also been serving in an interim capacity since August 2021.
“The appointment of Geoffrey Muli takes effect on May 17,” Kenya Power said in a statement.
Muli holds a Master of Business Administration (Strategic Option); Bachelor of Science in Electrical Engineering and is currently pursuing a PhD in Business Administration (Strategic Option).
Prior to his appointment, he was the acting General Manager in charge of Regional Coordination in the Company.
Kenya Power has been searching for a substantive MD since the unceremonious resignation of Bernard Ngugi in August 2021.
The utility firm kicked off the search for a new Managing Director in January and was expected to receive applications from the interested candidates by end of February.
It registered a Ksh.3.8 billion net profit in six months to December 31, 2021, on the back of ongoing reforms that were initiated by President Uhuru Kenyatta.
On January 7, it effected the 15 percent reduction of power tariff in the country.
The Ministry of Energy said it would effect the remaining 15 percent reduction in powering tariff before the end of the first quarter of 2022. But this is yet to be materialized.
With Muli in action, Kenya Power is hopeful to maintain its positive financial results, as it plans to increase the coverage of the Advanced Metering Infrastructure (AMI) project, which presently covers 6,718 or 80 percent of large power customers to full coverage by the end of 2022.