The Managing Director (MD) of the Electricity Company of Ghana (ECG), Kwame Agyeman-Budu, is expected to go on retirement Tuesday, May 17, 2022.
Sources within the company say the Board of ECG reminded the MD of hitting his retirement age, 60 years, this year, for which reason he has to start preparing his handing over notes.
Mr Agyeman-Budu succeeded Ing Samuel Boakye Appiah in November 2019, after serving the company as MD for three years.
Before his appointment, Mr Agyeman-Budu was the Deputy Managing Director in charge of Corporate Services and he brought on board over 28 years of experience in the energy industry.
Under his tenure, ECG constructed several sub-stations and expanded its distribution network.
Also, the ECG ICT staff designed ‘ECG Power’, which makes it possible for 2.8 million out of the company’s 3.8 million customers to make electronic payment for power purchased and services rendered by the company.
Again, under his tenure, ECG has been able to take tough decisions by disconnecting electricity supply to government and foreign agencies, such as the Kotoka International Airport and Tema Oil Refinery, for defaulting in paying their energy bills.
Lastly, under his tenure, the ECG and the residents of Odumase, Somanya and other towns in the Eastern Region have smoked the peace pipe after years of unresolved quagmire between the two parties.
His administration and leadership has succeeded in getting the ECG to instal meters to almost all houses, shops, filling stations and religious institutions in the area.