Mbango heads Erongo RED
Erongo RED has announced the appointment of Fessor Mbango as acting CEO.
Fessor Mbango will replace Robert Kahimise who accepted the position of CEO of the City of Windhoek last year as acting CEO for Erongo Red.
Mbango will lead Erongo Red for the next three months starting from 23 January.
Following Kahimise's acceptance of the Windhoek CEO offer, the Erongo RED board held an extra-ordinary board meeting on 11 January and resolved to start the search for a new CEO and appointed Mbango to fill Kahimise's position in an acting capacity.
The chairperson of board of directors, Tobias Nambala, said Mbango would be responsible for ensuring shareholder value by giving direction and the coordination of key strategic decisions.
The direction will include corporate governance and risk and performance management.
He will also be responsible for ensuring that Erongo RED's activities support economic development and instil investor confidence not only for the regional electricity distributor but for the whole region.
“We are confident that Mbango is competent to take Erongo RED and to lead the company during this transition period. His academic and results-oriented approach as well as his ability to think strategically will play a pivotal role in extending Erongo RED's track record as a leader in the industry. Kahimise laid a solid foundation that includes sound financials and a technical position for further development,” said Nambala,
Nambala also thanked Kahimise for a remarkable job in transforming the company and congratulated him on his new appointment on behalf of the board and management.
Mbango's association with Erongo RED started in 2012.
He occupied several prominent roles including that of technical manager and later executive manager. He joined the company from EMCOM Consulting Group where he served in various management positions.
He holds a Master's degree in Electrical Engineering from the Cape Peninsula University of Technology.
Kahimise joined Erongo RED in an acting capacity in 2012 and was appointed permanently, in 2013 as CEO. “When I joined, Walvis Bay which is the heartbeat of the region and the biggest customer, faced network constraints. Raising N$280 million in funding externally to address this issue was a project of huge magnitude and if anything went wrong, it would have been catastrophic. The good thing is that these challenges resulted in a stable organisation. We also responded and addressed consumer outcries with regard to tariff rates and increases.”
Kahimise also expressed confidence that Erongo RED would be in a position to supply an envisioned desalination plant.
“I am sure that implemented strategies will be continued in addition to the introduction of renewable energy within the near future,” he said.
OTIS FINCK
Mbango will lead Erongo Red for the next three months starting from 23 January.
Following Kahimise's acceptance of the Windhoek CEO offer, the Erongo RED board held an extra-ordinary board meeting on 11 January and resolved to start the search for a new CEO and appointed Mbango to fill Kahimise's position in an acting capacity.
The chairperson of board of directors, Tobias Nambala, said Mbango would be responsible for ensuring shareholder value by giving direction and the coordination of key strategic decisions.
The direction will include corporate governance and risk and performance management.
He will also be responsible for ensuring that Erongo RED's activities support economic development and instil investor confidence not only for the regional electricity distributor but for the whole region.
“We are confident that Mbango is competent to take Erongo RED and to lead the company during this transition period. His academic and results-oriented approach as well as his ability to think strategically will play a pivotal role in extending Erongo RED's track record as a leader in the industry. Kahimise laid a solid foundation that includes sound financials and a technical position for further development,” said Nambala,
Nambala also thanked Kahimise for a remarkable job in transforming the company and congratulated him on his new appointment on behalf of the board and management.
Mbango's association with Erongo RED started in 2012.
He occupied several prominent roles including that of technical manager and later executive manager. He joined the company from EMCOM Consulting Group where he served in various management positions.
He holds a Master's degree in Electrical Engineering from the Cape Peninsula University of Technology.
Kahimise joined Erongo RED in an acting capacity in 2012 and was appointed permanently, in 2013 as CEO. “When I joined, Walvis Bay which is the heartbeat of the region and the biggest customer, faced network constraints. Raising N$280 million in funding externally to address this issue was a project of huge magnitude and if anything went wrong, it would have been catastrophic. The good thing is that these challenges resulted in a stable organisation. We also responded and addressed consumer outcries with regard to tariff rates and increases.”
Kahimise also expressed confidence that Erongo RED would be in a position to supply an envisioned desalination plant.
“I am sure that implemented strategies will be continued in addition to the introduction of renewable energy within the near future,” he said.
OTIS FINCK
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