By Donna Collins
MONDAY was a big day for the coastal electricity distributor Erongo RED, who officially welcomed on board their new acting CEO, Fessor Mbango to office.
This came in the wake of the position opening up, after outgoing CEO Robert Kahimise accepted the high ranking position to join City of Windhoek (CoW) as its CEO. Kahimise successfully served Erongo RED for six years, leaving behind some big shoes to fill.
Speaking to Confidente on Monday, the company’s PRO Benjamin Nangombe said that it was a decision of the executive board to appoint an interim acting CEO immediately, whilst the search for a new CEO is ongoing.
“We will be placing vacancy adverts in various newspapers as early as this week, and whoever is the successful candidate will be appointed within three months,” he explained.
“We are working according to standard procedure for the continued smooth operation of the company, and whether we appoint someone internally or externally to fill the post is a decision that will be taken by the board.
“We have had a busy day settling Mbango into his new office, and the transition process is running as smoothly as intended,” he added.
When asked if the remuneration package of Erongo RED’s acting CEO matched that of the outgoing one, he refused to comment saying he is not at liberty to divulge such “confidential” information.
Furthermore Mbango, who holds bachelor’s and master’s degrees in electrical engineering, was a strong pick as acting CEO for a period of three months, to allow the company time to search for a suitable permanent candidate, should he not be chosen.
He will be responsible for giving direction, coordinating key strategic decisions, while also keeping an eye on corporate governance and management performance of the running of operations.
Mbango has been with Erongo RED since 2012 and has held several prominent positions within
the company, including that of Technical Manager. He will also be responsible for ensuring that Erongo RED’s activities support economic development and create investors’ confidence not only for Erongo RED but for the region as well.
Other tasks will include implementation of the strategic objectives of the company as well as fostering stakeholder relations and compliance with relevant legislation.
During an early announcement, board chairman Tobias Nambala stated that he was confident in the academic and results-oriented approach of Mbango, whose ability to think strategically will play a pivotal role in extending the company’s positive track record, and to lead it during this transition period.
He stated that his predecessor, Kahimise has laid a sound foundation for the further development of Erongo RED, such as stable financials, technical positioning and a striving to provide quality affordable service to consumers while investing in infrastructure.
Under Kahimise, Erongo RED put measures in place to cushion the impact of electricity increase on its customers since 2012, with the last 6.9 percent tariff increase announced for the 2016/2017. It was stated that residents still pay the lowest rates for electricity in the country, especially the pensioners and low-income segment of the communities.
Erongo RED in 2015/2016 spent almost N$15 million subsidising the cost of electricity for pensioners and the low-income segment of the population. That subsidy is said to support over 10 000 customers throughout the Erongo region of whom 4 827 are pensioners. Erongo RED also subsidises the prepaid box installation for pensioners and the low-income group.
Confidente. Lifting the Lid. Copyright © 2015