State-owned Kenya Electricity Generating Company (KenGen) has embarked on a search for a substantive chief executive officer to succeed Rebecca Miano who joined the Cabinet.
The board of the power generator has advertised the position of CEO and Managing Director which is currently held by Abraham Serem in an acting capacity October 28, 2022.
Serem assumed the position upon the exit of Miano who was appointed Cabinet Secretary for East African Community, Arid and Semi Arid Lands and Regional Development by President William Ruto.
Until his appointment, Serem was KenGen General Manager of Human Resources and Administration since March 1, 2016 when he joined the Nairobi Securities Exchange-listed firm.
“Reporting to the Board of Directors, the job holder will be responsible for providing strategic and visionary leadership and full operational responsibility in the development, implementation and evaluation of strategic business plans approved by the Board in order to achieve the Company’s mandate,” says the board.
Those interested in the position are required to have among others, a degree and masters in relevant field and 15 years of experience in a large organization.
As of December 31, 2022, KenGen had an asset base of Ksh 507.8 billion and a revenue of Ksh 27.5 billion.
KenGen which also has operations in Ethiopia has 1904MW of installed capacity in Kenya out of which 86pc if from renewable energy sources lead by geothermal at 42pc, hydro 43pc and wind 2pc. Thermal sources account for 13pc of installed capacity.
Rebecca Miano headed the region’s largest power generator since November 1, 2017 and was in her second term before being tapped for the cabinet position.
Successful candidate will serve in the position on a three year contract renewable once subject to performance and retirement age.
The firm expects to receive applications by close of business May 15, 2023.
Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]