…Appoints Deolu Ijose as MD/CEO
Following the emergence of a new core investor and reconstituted board of directors, Ibadan Electricity Distribution Company Plc (IBEDC) has announced the appointment of Deolu Ijose as its new managing director/chief executive officer.
His appointment follows the recent reconstitution of the Company’s Board of Directors. Ijose succeeds Francis Agoha, an engineer.
Angela Olanrewaju, coordinating head, Corporate Services IBEDC, in a statement said the new CEO was bringing extensive industry experience to his new role having previously served as managing director of Benin Electricity Distribution Company (BEDC) and chief commercial officer at IBEDC.
His deep sector knowledge and familiarity with IBEDC’s operations position him to effectively lead the company through its next phase of growth and transformation.
Commenting on the appointment, the Board expressed confidence in Ijose’s ability to consolidate on existing gains while driving improved performance across the business.
In his remarks, Ijose stated: “I am honoured to lead IBEDC at this critical time. We will build on the foundation already in place by prioritising operational efficiency, strengthening commercial discipline, and delivering improved service to our customers. Our success will be driven by teamwork, accountability, and a shared commitment to excellence.”
With the appointment, IBEDC reaffirms its commitment to delivering improved electricity supply while deepening stakeholder collaboration, investing in infrastructure, and leveraging technology to improve customer experience.
The company is well-positioned to accelerate progress and deliver greater value to customers, stakeholders, and the Nigerian economy.
