Eko Electricity Distribution Company (EKEDC) says its board of directors has approved the appointment of Tinuade Sanda as the managing director of the company with immediate effect.
The electricity distribution company (DisCo) announced Sanda’s appointment on Wednesday.
With her appointment, Sanda becomes the first female MD of the company since its establishment.
She takes over from Adeoye Fadeyibi, who was at the helm of affairs for four years.
According to a statement issued by the company, Sanda joined EKEDC in 2013 as the chief treasury and taxation officer.
She is said to have risen through the ranks to become the chief accounting officer where she contributed to the company’s growth by implementing revenue generation initiatives and overseeing critical projects.
“Sanda is a Fellow of the Institute of Chartered Accountants of Nigeria, Institute of Management Consultants, US and Institute of Professional Financial Managers, London,” the statement reads.
“She is also an Associate Member of the Risk Management Association of Nigeria and the Institute of Directors, Nigeria.
“She obtained a Masters in Business Administration (MBA) from Edinburgh Business School, Herriot Watt University, Scotland, UK, after graduating with a second-class upper in Financial Accounting from the prestigious Obafemi Awolowo University, Ile-Ife.”
EKEDC said Sanda will lead the next phase of the company’s growth by aggressively reducing aggregate technical, commercial and collection losses.
Under her leadership, the DisCo hopes to increase energy reliability/availability and improve the company’s customer satisfaction index.