Kenya Power Appoints Dr. Ken Tarus as Acting Managing Director and CEO

Kenya Power’s Board of Directors has appointed Dr. Ken Tarus as the Acting Managing Director and Chief Executive Officer of the Company with effect from today (4th January 2017).

The appointment follows the exit of the current MD & CEO, Dr Ben Chumo, at the end of his contract period on Friday this week (6th January 2017). Dr Chumo has been the head of the Company since January 2014.

Dr Tarus brings with him over 20 years of corporate leadership and management experience, five of which are in the energy sector. Prior to his appointment, he was the Company’s General Manager in charge of Finance and a member of the executive management team for a period of two years.

Previously, Dr Tarus worked at the Rural Electrification Authority as head of the Finance between 2012 and 2014 prior to which he was the Deputy Vice Chancellor for Finance, Planning and Administration at KCA University. He has held various leadership roles in the local banking sector as Head of Finance, IT and Administration at Bank of Africa, Financial Controller at Standard Chartered Bank and diverse positions at Kenya Commercial Bank.

He holds a Doctor of Philosophy degree in Business Administration (Finance) from Kabarak University, an MBA from the University of Nairobi and a Bachelor of Commerce Degree from the same institution. Dr Tarus is a Certified Public Accountant and a member of the Kenya Institute of Management.

The Board of Directors is optimistic and confident that business operations of the Company will continue to run smoothly under the interim leadership of Dr Tarus pending a competitive sourcing for a substantive Managing Director.

Related: Kenya Power to Recover KES 212Mn in Unpaid Bills by Selling KANU Nakuru Branch Offices