Yusuf Usman Yahaya, the Kaduna Electricity Distribution Company’s (Kaduna Electric) managing director and CEO, stepped down from his position.
The news was made via an internal memo signed by Abdulazeez Abdullahi, Head of Corporate Communication at Kaduna Electric, and dated Friday, January 5, 2024.
In support of coordinated efforts by stakeholders, including the Nigerian Electricity Regulatory Commission, the Bureau of Public Enterprises, the Central Bank of Nigeria, and lenders, African Export-Import Bank and Fidelity Bank, to intervene in Kaduna Electric alongside specific electricity distribution companies in Nigeria, Yahaya assumed the role of MD/CEO of the power company almost two years ago.
“Since his appointment, Engr. Yahaya has led and executed a decisive ongoing turnaround programme as to effect critical people and organizational reform, accomplish commercial growth, and enhanced service delivery to our customers aided by extended investments in network and energy management infrastructure.
“Kaduna Electric wishes to convey its gratitude to Engr. Yusuf Usman Yahaya for his leadership and management in initiating much-needed corporate turnaround of the company and extends our best wishes in his next endeavours,” the memo stated.
