Kenya Electricity Generating Company (KenGen) has renewed the contract of its managing director and chief executive officer, Rebecca Miano, for a further three years.
Board chairman, Joshua Choge, since Mrs. Miano’s ascendancy to the helm of the KenGen, the firm has “continued on an upward trajectory” despite a difficult operating environment globally.
“Mrs. Miano has passionately led the company’s diversification strategy, a move that has seen the organisation be awarded two multi-million geothermal drilling and consultancy contracts in Ethiopia,” said Choge in his brief to shareholders and the public.
Because of Mrs. Miano’s contribution, Choge said the company paid a dividend of Sh2.6 billion to shareholders for the 2018 financial year.
Her appointment in November 2017 made her the first woman to become managing director and chief executive officer of Ken-Gen since 1954.
She replaced Albert Mugo who exited Ken Gen after hitting retirement age of 60.
A lawyer by profession, Mrs Miano rose through the ranks at KenGen after joining the firm in 1998.
She worked in various capacities, including as the company secretary and legal affairs director.
The KenGen boss said that the company is now the seventh-largest geothermal energy producer in the world and the leader in Africa.