The Kenya Power and Lighting Company(KPLC) is seeking for the the proposed changes which are aligned with the Government’s commitment to transform the company into a commercially viable entity in order to allow it to operate on commercial principles and provide a return to all shareholders.
This was said by the Chairperson KPLC Ms.Joy Mdivo in it’s virtual Shareholders’ briefing on the proposed changes of Memorandum and Articles of Association (MoA)
The Company will hold an Extraordinary General Meeting on 10th November, 2023 to approve Special Resolutions for the amendment of the Company’s Memorandum and Articles of Association to allow changes to the structure of the Board.
This becomes the fisrt virtual meeting held by the Chairperson since her appointment to oversee the Board of the Utility Firm.Joy Brenda replaced Vivienne Yedda who left the Utility firm in December 2022.On his part the Chief Executive Officer(CEO) and Managing Director (MD) Eng.John Siror has his work cut out at the Kenya Power after his appointment on May 2023.Dr.Siror took the office previously held by Eng.Geoffrey Muli since May 2022.He holds a Doctor of Philosopy(PhD) degree in Engineering from Shaghai Jiaotong University (China) majoring in Radio Frequency Identification(RFID),a master of Business Administration(MBA) degree and a Bachelor of Science (BSc)in Electrical Engineering degree from the University of London,a pre-Kenya School of Law certificate from Riara University and a post-graduate Certificate in Applied Radiation Protection from the University of Nairobi(UoN)