KenGen Appoints Former Chief of Defence Forces, General Mwathethe its New Board Chair

Kenya Electricity Generating Company has appointed former Chief of Defence Forces (CDF), General Samson Mwathethe as its board chairman to take over from Joshua Choge who has served in the position since January 2014. While announcing the appointment, the KenGen Board said General Mwathethe brings to the organization an immense wealth of experience in strategy and leadership.

“Under General Mwathethe’s leadership, KenGen is committed to strengthening its stakeholder relations as we continue to build a responsive and dynamic business that takes into account emerging technological advancements and social trends,” CEO Rebecca Miano said.

Mwathethe whose term at the Defence Forces came to an end in May this year has held several other key positions in the nation including Kenya Navy where he served as a Commander, has served as Chief of Systems & Procurement at the Department of Defence, Commander of Individual Kenya Navy Ships, Staff Officer Operations at Navy Headquarters, 86 Squadron Commander and Staff Officer and Coordinator at the Department of Defence.

KenGen says his experience will be instrumental in steering the organization on its noble mandate to generate reliable safe and priced electric energy for the nation and diversify its business to expand revenue streams. The appointment comes a day after KenGen announced that it will pay a total dividend of Ksh 1.65 billion to its shareholders. This is after the Board approved the shareholders’ recommendation of final dividend pay of Ksh 0.25 for the year for every ordinary share of Ksh 2.50.

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Speaking during the AGM yesterday, KenGen Managing Director &CEO, Mrs. Rebecca Miano, highlighted key business progress the company had made during the period under review. She said the company has active two multi-million shillings contracts in Ethiopia, has unveiled the Community Engagement Strategy, and expanded its energy capacity which has been instrumental in creating new revenue streams.

On his side,  KenGen outgoing Board Chairman, Mr. Joshua Choge, pointed out that the company’s capacity expansion projects will ensure KenGen continued to competitively retain its market leadership.

See also: Kenya Power has a new CEO, and Kenyans are not happy.

Enock Bett
Digital Media Enthusiast|Tech, Business, Corporate Affairs, Politics, and Governance. [No Modes]
EMAIL: [email protected]
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Enock Bett

Digital Media Enthusiast|Tech, Business, Corporate Affairs, Politics, and Governance. [No Modes] EMAIL: [email protected]

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