KenGen chief executive says to quit in 2013 – Kenya

The head of the Kenya Electricity Generating Company (KenGen) said on Wednesday he will resign next year before his term ends in 2015.

CEO Eddy Njoroge, who took the helm of the power utility in 2003, presided over its successful initial public offering in 2006. He did not give a reason for his early departure.

“On 26th March 2013 I will have worked as the CEO of this great company for 10 years … the convergence of all these events in my life has convinced me that now is time to exit,” he said in a speech during the company’s shareholder meeting.


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