Kano electricity company gets new MD/CEO as Fidelity Bank takes over

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The new appointments followed the takeover of the company by Fidelity Bank.

The NERC approved the appointment of Ahmed Dangana as the managing director and chief executive officer of the power distribution company.

In a statement on Thursday, the KEDCO’s Head of Corporate Communication, Sani Shawai, said the new appointments followed the Nigerian government’s restructuring of five electricity distribution companies , following Fidelity Bank’s takeover of three of the DisCos.“In this regard, NERC and BPE approved Mr Dangana, a seasoned management consultant and a business turnaround specialist as the new MD/CEO of the company,” the statement said.

“With over 16 years of experience in managing diverse portfolios across multiple sectors of the economy including power, investment banking, public finance, oil and gas and agro-allied industry, he , will bring on board his deep experience in business transformation to maximise value for all KEDCO stakeholders.

 

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