Eko Electricity Distribution Plc(EKEDP ), on Thursday, announced the visit of Oritsedere Otubu, a pioneer board member, as new chairman

. Otubu replaces Charles Momoh, the leader chairman, who is stepping down after 8 years.

A declaration by General Manager, Corporate Communications, Godwin Idemudia, says the company believes Otubu will lead EKEDP into a brand-new stage of developmental journey.

Idemudia stated Otubu, an entrepreneur with a diversified portfolio of investments, “has a track record of successfully developing and constructing services for over 30 years”.

The appointee is Chairman, Elektron Petroleum Energy and Mining Limited, owners of Alausa Power Limited; Chairman, Venture Garden Group.

Otubu was previously Director of Access Bank Plc; ex-member, Delta State Economic Advisory Team; ex-member, Western Delta University Board of Trustees.

The Finance and Economics professional holds a master’s degree in Accounting from Houston Baptist University Texas, United States. He is a sportsman and enthusiast.

“This is rather a crucial point for the power sector in its journey to maturity as the requirements of our customers, regulators, and other stakeholders are altering quickly”, the declaration estimated him saying.

Otubu assured that the EKEDP would continue to chart the course for development and add to both the power sector and Nigeria’s development.