Oritsedere Otubu has been named chairman of the board of directors of the Eko Electricity Distribution Company (EKEDC).
The declaration was made by the electrical distribution company’s general manager, Corporate Communications, Godwin Idemudia, in a statement released on Thursday in Lagos.
Mr Otubu took over from Charles Momoh, the company’s first chair, who stepped down after eight years in accordance with the company’s policy and worldwide best practices, according to the statement.
EKEDC expects Mr Otubu to consolidate on the gains achieved under his predecessor with monthly revenues of N11 billion.
Mr Otubu is the chairman of Elektron Petroleum Energy and Mining Limited, owners of Alausa Power Limited; chairman of Venture Garden Group; former director of Access Bank Plc; and past member of the Economic Advisory Team of Delta. He also served on the board of trustees of Western Delta University.
“Otubu is an expert in Finance and Economics and has attained many academic degrees both within and outside the country. He holds a master’s degree in Accounting from Houston Baptist University Texas in the United States. He is an avid sportsman and a sports enthusiast,” added the statement.