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Osadolor, Okoh, Atiku, Akinwumi, Usman, others assume office as members of Board, Management of AEDC

Freedom Reporter by Freedom Reporter
December 13, 2021
in Breaking News, News
0

Members of the new board and interim management of Abuja Electricity Distribution Company (AEDC) have assumed office.
Freedom Online learned that the board is made up of Victor Osadolor as Chairman. Osadolor is currently Chairman of UBA Pensions, a Non-Executive Director of African Finance Corporation (AFC), and former Deputy Managing Director of the United Bank for Africa (UBA).
He is a seasoned finance and business turnaround expert with over three decades of corporate experience. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), and an honorary life member of the Chartered Institute of Bankers of Nigeria (CIBN).  
Alex Okoh is also a Member of the Board, and is currently the Director General of the Bureau of Public Enterprises (BPE).
He is currently a member of the Presidential Economic Advisory Council, and has over three decades of corporate experience in general management, leadership, banking and organisational development.
During his career in the banking sector, he served in a variety of leadership roles, including corporate banking, operations, treasury as well as initiating and designing transformative projects and processes.
Other members of the board include Atiku Abubakar Tambuwal, Sam Adikamkwu; a legal practitioner and former Chief Legal Adviser at the United Bank for Africa (UBA); and Muyiwa Akinyemi, seasoned accountant and a current Group Executive at the United Bank for Africa (UBA).
The Interim Management is led by Bada Akinwumi, who will serve as the Interim Managing Director.
Other members of the interim management are Sani Usman, Interim Chief Business Officer; Babajide Ibironke, Interim Chief Finance Officer; Donald Etim, Interim Chief Marketing Officer; and Femi Zacheus, Interim Chief Technical Officer.
Osadolor, who addressed the staff, according to an insider, declared:  “I want to assure you that the new Board of Directors is committed to the well-being of our employees. May I please request that all employees and stakeholders remain steadfast and support the interim management as they embark on the transformation of the business for our collective benefit. I thank you all for the sacrifices and commitment thus far as we begin this refreshing chapter of our corporate journey.”
Freedom Online learned that these appointments follow approval by the Nigeria Electricity Regulatory Commission (NERC) and the Bureau of Public Enterprises (BPE) conveyed on December 9, 2021, confirming the interim management as “fit and proper to provide leadership to Abuja DISCO”.
 
 

Tags: Osadolor Okoh Atiku Akinwumi Usman others assume office as members of Board Management of AEDC
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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.