24.4 C
Nairobi
Sunday, December 22, 2024
HomeceosKPLC CEO Bernard Ngugi Biography, Education & Career

KPLC CEO Bernard Ngugi Biography, Education & Career

JOIN WOK ON TELEGRAM

Bernard Ngugi is the current Managing Director and Chief Executive Officer of the Kenya Power and Lighting Company (KPLC).

As CEO of one of largest companies in the country, his duties are not menial or easy.

Ngugi succeeded Jared Otieno who was serving on an acting capacity. Otieno was interim CEO following the ouster of Ben Chumo.

Chumo’s bid for a second term was thwarted after a court order barred him from doing so. He would later be arrested over allegations of irregular procurement transformers.

Ngugi assumed office on October 2019. The board saw it fit to appoint him due to his magnitude of experience.

Education

He holds a Master of Business Administration in Finance, and a Bachelor of Commerce in Accounting from the University of Nairobi.

He is a Certified Public Accountants of Kenya and a member of the Institute of Certified Public Accountants of Kenya.

The CEO is also a certified secretary and a member of the Institute of Certified Public Secretaries of Kenya.

Apart from all this, he also holds a graduate diploma from the Chartered Institute of Purchasing and Supplies.

Ngugi is a member of the Kenya Institute of Supplies Management.

Career

Ngugi worked for KPLC for close to three decades prior to his appointment as CEO. His awareness of day to day operations at the company warranted his appointment.

He is an expert in financial and revenue accounting, auditing and supply chain management. Ngugi was the supply chain manager at KPLC until October 2019.

After his appointment as CEO, he promised to lead the company into profitability.

“My immediate focus is to lead the company towards improved profitability while ensuring the business fulfils its socio-economic purpose,” he said.