Career Opportunity at Kenya Electricity Generating Company Ltd
Our client, Kenya Electricity Generating Company Ltd., is 73% government-owned and listed at the Nairobi Securities Exchange.It has 1,630MW of installed capacity from various sources (50% Hydros, 33% Geothermal, 15% Thermal, 2% Wind) and owns about 70% of the power generation capacity in Kenya.KenGen has around 2,400 employees, with an annual turnover of about US$ 390 million (Kshs. 39 billion) and asset portfolio of US$ 3.5 billion (Kshs 345 billion). The Company intends to be the market leader in provision of electric energy in the Eastern Africa region.
The Company operates in a liberalized but regulated single-buyer market competing with Independent Power Producers. The Kenya Vision 2030 estimates a peak demand growth of over 20,000MW by 2030 and KenGen plans to be a major player in attaining this national target.
In order to meet the planned growth and sustain momentum of the on-going transformation, the Board of KenGen wishes to identify and recruit a top notch Managing Director & CEO to progress the work of the outgoing incumbent who has driven growth and operational effectiveness in KenGen over the last three years.The successful candidate will be expected to assume office by August 2017.
Managing Director & CEO – HR/CEO/PKF/01/17
Reporting to the Board of Directors, the Managing Director & CEO, assisted by a team of nine Executive Directors each heading a division, will be responsible for leading the implementation of the Company strategy as guided by the Board. The Managing Director & CEO will also be expected to proactively provide insights and direction in the implementation of committed and planned projects on time and within the approved budget whilst ensuring all project financing needs are sourced on time with the right mix of financing.
Demonstrated distinguished leadership with a track record of achievements in public or private sector backed with a minimum of ten (10) years in executive management roles, three of which should be in an organization of similar complexity to KenGen;
A Transformative and Change leader, keen to deliver results within set deadlines;
Demonstrated ability to effectively manage resources and mobilize resources of at least US$100 million;
A holder of a minimum Bachelor’s degree in Engineering, Commerce, Economics or other relevant degree from a reputable/recognized university. A Master’s degree in business-related field is an added advantage.
If you fit the profile of this role and are interested in this challenging opportunity, submit your application with a detailed CV, stating your current position, current salary, e-mail address and telephone contacts quoting the job title/reference directly firstname.lastname@example.org by 24th March, 2017.
Applicants are encouraged to view detailed Job Description and more information for the position on the following link