Sopuruchi Onwuka

Eko Electricity Distribution Company PLC (EKEDC) has announced a leadership transition following the takeover of its Board by Transgrid Enerco, the company’s spokesman declared on Wednesday.

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EKEDC, one of Nigeria’s leading electricity distribution companies, serves customers across Lagos State and surrounding areas. The company reaffirmed its commitment to delivering reliable, safe, and efficient electricity services to residential, commercial, and industrial customers.

The former Board, appointed by the previous majority shareholder, West Power & Gas Limited (WPG), and led by Chairman Dr. Dere Otubu, formally resigned on Wednesday, January 14. This paved the way for the inauguration of a new Board chaired by Engr. (Dr.) Olubunmi Peters. Other members of the new Board include Prof. George Nwangwu, Faruk Aliyu, Kolapo Joseph, and Rasheed Olaoluwa. Mr. Ayo Gbeleyi continues to serve as the Director representing the Bureau of Public Enterprises (BPE).

In a related development, Mrs. Rekhiat Momoh has stepped down from her role as Chief Executive Officer. The Board has appointed Mrs. Wola Joseph-Condotti as Interim CEO, effective immediately. The appointment reflects the Board’s confidence in her leadership, deep institutional knowledge, and ability to ensure operational continuity while driving growth and stakeholder satisfaction.

Mrs. Momoh’s tenure as CEO was marked by meaningful progress in operational development and service delivery across EKEDC’s franchise areas. The Board expressed its appreciation for her service and leadership.

“We thank Rekhiat Momoh for her commitment to EKEDC and her contributions toward advancing our mission of reliable electricity distribution,” said Engr. Olubunmi Peters, Chairman of the Board. “We wish her continued success in her future endeavors.”

Mrs. Joseph-Condotti brings extensive experience in the power sector and a strong understanding of EKEDC’s operations. Her mandate includes consolidating recent gains, strengthening execution, and fostering a high-performance culture focused on customer satisfaction, innovation, staff engagement, and sustainable growth.

Prior to her appointment, she served as Group Managing Director and CEO of West Power & Gas Limited, the former parent company of EKEDC, as well as other energy-related businesses. She previously held several key roles at EKEDC, including Pioneer Chief Legal Officer and Company Secretary, Head of Regulatory Compliance, and Chief Human Resources and Administration Officer.

Mrs. Joseph-Condotti holds a law degree from the University of Ibadan, an LL.M. from Harvard Law School, and an MBA from INSEAD Business School. She is a recognized thought leader in renewable energy, sustainability, and carbon markets, and was named among the Legal 500 GC Powerlist: Nigeria Top 100 General Counsels in 2024.

“I am honored to serve as Interim CEO at this time,” she said. “EKEDC has a strong and talented team, and I look forward to working together to continue delivering quality electricity services to homes and businesses across our coverage area.”

Commenting on the appointment, Engr. Peters stated, “We are confident in our choice of Wola Joseph-Condotti as Interim CEO. Her skills, experience, and leadership style align strongly with the Board’s priorities and the needs of the organization.”

He added that the appointment underscores the Board’s commitment to putting stakeholders first while strengthening service delivery for customers and employees alike.

The Board reaffirmed its commitment to leadership stability and operational continuity, noting that EKEDC remains firmly focused on executing its strategic priorities and improving outcomes for customers, staff, regulators, and other stakeholders.