24 C
Nairobi
Monday, December 23, 2024

Tough Year: Kenyan Celebs Whose Properties Were Auctioned in 2024

Doing business in Kenya is no walk in the park, and 2024 has been an especially challenging year. Purchasing power has significantly declined as...
HomeceosCelebrating Eddy Njoroge: The Man Who Steered KenGen To Profitability

Celebrating Eddy Njoroge: The Man Who Steered KenGen To Profitability

JOIN WOK ON TELEGRAM

By Prudence Minayo

Eddy Njoroge is an experienced professional with decades of experience working in top managerial positions. He has been described as a savvy manager with a midas touch which was evidenced by the transformation he brought at the Kenya Electricity Generating Company (KenGen). Ever since he took over the company in 2003, he was able to transform it from a parastatal to a public listed company. At some point, it was even hard to separate the CEO from KenGen as the two seemed to be synonymous.

Here is his story as told by WoK.  

Education 

Eddy graduated from Makerere University with a Bachelor of Science degree. 

Career 

Mr. Njoroge was appointed CEO of KenGen in 2003, having worked in the private sector before. Three years into his role as the head of KenGen, he was able to steer the company into making big profits and engineered its listing at the Nairobi Stock Exchange (NSE).

His success has seen him serve in various boards including: 

  • Chairman at the Nairobi Stock Exchange 
  • President of the Union of Producers, Transporters, and Distributors of Electric Power in Africa (UPDEA,). 
  • Chairman of the Kenyan Chapter of the World Energy Council 
  • Chair of the Investment Committee of Aureos East Africa Fund 
  • Board of Access Kenya 
  • Board member at Kenya Bureau of Standards (KeBS)
  • Chairman of Telkom Kenya
  • Chairman of Britam General Insurance Company 
  • Chair of Corbetti Geothermal Company in Ethiopia
  • Chair of Kenya Pooled Water Fund 
  • Board member of Globeleq
  • Member of the Investment Committee of the Africa Renewable Energy Fund 

Eddy Njoroge has also served as board member of CfC Stanbic bank Kenya, Proctor & Allan (EA) Ltd, and Real Insurance Company (EA) Limited. 

In October 2018, during the International Organization for Standardization (ISO) General Assembly in Geneva, Switzerland, he was elected president. This made him Africa’s first president of ISO, taking over from Canadian John Walter. ISO is an organization founded on 23rd February 1947 with the aim of promoting worldwide proprietary, industrial and commercial standards. 

“I will be reiterating the commitment I made during my election last October in Geneva, Switzerland, that I will enhance adoption of International Standards in governance, besides working with SMEs to improve their conformity to global standards,” he said concerning his appointment as ISO president. 

His term at ISO started in January 2020 and ends in December 2022.