AEDC Appoints Okwuokenye As Acting MD

The Abuja Electricity Distribution Company (AEDC) has announced the appointment of Engr. Chijioke Okwuokenye as the company’s acting Managing Director.

A statement signed by the Head, Marketing and Corporate Communications of AEDC, Adefisayo Akinsanya said the appointment is with immediate effect.

AEDC said the is part of the distribution company’s transformation agenda to see Engr. Okwuokenye driving and positioning the DisCo as the foremost, customer-focused electricity distribution company in the Nigerian power sector.

Prior to his new appointment, Okwuokenye served as the company’s Chief Operating Officer, where he oversaw strategic support units and embedded generation projects of the company.

He brings to the role, a wealth of experience and expertise in the power sector, as well as a passion for the attainment of the vision for the Nigerian electricity supply industry.
Speaking on the appointment, the Chairman, Board of Directors of AEDC, Dr. Stanley Lawson, described Okwuokenye is an experienced leader who has been a part of the company’s transformation agenda and is well suited to drive its corporate turnaround.

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“I am confident that, with his technical and commercial background, he will continue to drive value for all AEDC stakeholders,” Lawson assured.

The company also announced the appointment of Olumide Jerome as the chief operating officer.

Jerome, prior to his elevation to his new role served as one of the company’s chief business officers and is expected to drive efficiency and operational excellence across the company as part of his new responsibilities.

AEDC is an electricity distribution company in Nigeria delivering electricity to consumers across the Federal Capital Territory (Abuja), Kogi, Niger, and Nasarawa states.

In May 2023, a Transcorp-led consortium, became the core investor in AEDC, following its 60 per cent acquisition of the company’s shares.

Since this acquisition, the company has intensified efforts to upgrade substations, expand distribution networks, and integrate cutting-edge technologies to enhance power supply reliability and operational efficiency.