Dr. Benson Uwheru has been appointed as the new managing director and chief executive officer (CEO) of the Port Harcourt Electricity Distribution (PHED) Plc.
Uwheru takes over from the former MD of the company, Dr. Henry Ajagbawa, who has been appointed to manage the Benin Electricity Distribution Company (BEDC).
In a statement issued by the PHED Head of Corporate Communications, John Anonyai, noted that the new development was sequel to the recent restructuring of five DisCos in Nigeria.
Anonyai disclosed that a new board has been constituted for the Port Harcourt Electricity Distribution (PHED) Plc following the restructuring.
The new board members, according to Anonyai, are Iboroma Akpana, chairman of the board; Emmanuel Okotete, Eyo Ekpo, Ismaila Shuaibu, and Alex Okoh, who represents the Bureau for Public Enterprise (BPE). All the appointments took immediate effect.
Anonyai further disclosed that: “Until his appointment at PHED, Uwheru was a partner at Ernst and Young, a Banking and Capital Market sector leader for West Africa.
He has extensive experience in leadership, corporate governance, strategy, risk management and compliance.
“Uwheru’s cardinal pillars of management are trust, healthy competition, commitment, accepting responsibility and focusing on result.”