Board of Directors of Eko Electricity Distribution Company (EKEDC) has appointed Dr Tinuade Sanda as the Company’s new Managing Director/Chief Executive Officer with immediate effect.
Gatekeepers News reports that the appointment makes Sanda the first female MD/CEO of the Company, according to a statement made available by EKEDC on Wednesday.
The new appointee takes over from Engr. Adeoye Fadeyibi, who was the MD/CEO for four years. She is expected to consolidate on the successes achieved in the past few years while progressively advancing and charting a new course for efficient service delivery and excellent business sustainability.
Sanda joined the Company in 2013 as the Chief Treasury and Taxation Officer. She later became the Chief Accounting Officer, where she contributed immensely to the company’s growth by implementing revenue generation initiatives and overseeing critical projects, according to the statement.
Sanda is a Fellow of the Institute of Chartered Accountants of Nigeria, Institute of Management Consultants, US and Institute of Professional Financial Managers, London. She is also an Associate Member of the Risk Management Association of Nigeria and the Institute of Directors, Nigeria. She obtained a Masters in Business Administration (MBA) from Edinburgh Business School, Herriot Watt University, Scotland, UK, after graduating with a second-class upper in Financial Accounting from the prestigious Obafemi Awolowo University, Ile-Ife.
On the 5th of December 2020, she was conferred by the Senate and Governing Council of ICON University of Management Science and Technology, Benin, with a Doctor of Philosophy in Financial Management & Entrepreneurship.
“Dr Sanda will lead the next phase of the Company’s growth by aggressively reducing ATC&C losses, increasing energy reliability/availability and improving the Company’s customer satisfaction index.
“As we congratulate Dr (Mrs), Tinuade Sanda, we enjoin all Management and staff to continue to work with positive synergy and give our full support to the new MD/CEO,” the statement added.
