UETCL GETS NEW BOSSES AS TAREMWA REPLACES RWABAJUNGU AS NEW CEO
By Mulengera Reporters
George Rwabajungu is no longer the Managing Director/CEO for Uganda Electricity Transmission Company Ltd (UETC). His role has been taken over by FCCA Micheal Taremwa Kananura who will be serving as the Ag MD in the interim period. And according to UETCL Board Chairman Kwame Ejalu Ejuku (himself a new person in office), Kananura is just one of the key company officers who the new Board has given new assignments as part of the ongoing management re-alignment at UETCL.
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In his first media statement, as the new UETCL Chairman, released this Thursday evening, Ejalu enumerated the other newly designated officers to include Eng. Richard Matsiko who will be deputizing Kananura still in acting capacity as Deputy MD. Others are Eng. David Kisiro (Ag Manager Project’s implementation), Eng. Denis Okot (Ag Manager Operations & Maintenance) and Mr. Karim Abdul Jumbo who has been deployed to serve as Ag Manager ICTs at UETCL. It wasn’t readily clear for how long each of these is going to act before the respective offices can be substantively filled.
The Company Chairman Ejalu explained that the changes and re-alignment in the UETCL management were necessary to enhance efficiency and productivity while meeting the expectations of the public, government and shareholders. That at the end of the day, Ugandans should expect to see a UETCL that efficiently goes about its mandate of making bulk power purchases from generation companies (as it were) and proceeding to sell the same to distribution companies throughout Uganda.
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Ejalu said the Board was grateful to the outgoing management members for a job well done and the contribution they were able to make during their tenure at the helm of UETCL which was first incorporated as a limited liability company in April 2001. This was preceded by the rolling out of the electricity sector reforms and liberalization policy which, among other things, resulted into the unbundling of Uganda Electricity Board (UEB) on 26th March 2001.
The idea was to transform the sector in order to turn Uganda into a country with an efficient electricity industry. Going forward, Ejalu and his other Board members are looking forward to a more efficient, compliant and accountable UETCL that will be running according to core corporate governance principles.
On the day they were inaugurated recently at the Ministry of Energy Board Room, Ministers Ruth Nankabirwa and Evelyne Anite, representing the shareholders, demanded that the new Board must, without wasting any time, hit the ground running in order to ensure UETCL continues playing its rightful role as mandated under the law. And the latest developments are indicative that Ejalu and the entire Board have started on their new job with enthusiasm. (For comments on this story, get back to us on 0705579994 [whatsapp line], 0779411734 & 0200900416 or email us at firstname.lastname@example.org).