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Kenya Power gets new board chair

Kenya Power board chairman Amb (Eng.) Mahboub Maalim Mohamed during announcement of the firm's new chairman at the Stima Plaza on January 9, 2017. PHOTO | DIANA NGILA | NMG
Kenya Power board chairman Amb (Eng.) Mahboub Maalim Mohamed during announcement of the firm's new chairman at the Stima Plaza on January 9, 2017. PHOTO | DIANA NGILA | NMG 

Electricity distributor Kenya Power #ticker:KPLC has named Mahboub Maalim Mohamed as its new chairman, following the exit of former House Speaker Kenneth Marende in December.

Ambassador Mohamed, 60, a civil engineer, was elected to the board of the utility firm during its annual general meeting last month before his appointment.

He becomes the 26th chairman of the board of the 98-year old company that is listed on the Nairobi bourse.

“We will work together to improve service delivery to customers,” Amb Mohamed said following his appointment Tuesday.

A graduate of Civil engineering from Texas A&I University in the US, Amb Mohamed has since served as the Permanent Secretary in the ministry of Water and Irrigation alongside that of State for Special Programmes in the Office of the President.

Kenya Power buys electricity power producers like State-owned KenGen #ticker:KEGN and independent firms for onward sale to homes and businesses.

While serving as Kenya Power chairman, Mr Marende earned a salary of Sh255,000 per month or an annual take-home of Sh3.07 million.

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