July 14, 2024
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Fadeyibi Resigns as AEDC Boss, New CEO Appointed

Engr Adeoye Fadeyibi, the Chief Executive Officer and Managing Director of Abuja Electricity Distribution Company (AEDC) has resigned from his position.

It is not yet clear why Engr Fadeyibi resigned from his position about a year after his appointment. Engr. Fadeyibi was appointed in May 2022 as the new MD/CEO AEDC.

Energy News Africa reported that a notice by AEDC indicated that the former CEO took his decision during a meeting with the agency’s board on Wednesday.

“This is to officially bring to our notice that rising from a meeting with the Board and EMT this morning, it has been officially disclosed that our dear MD/CEO Engr. Adeoye Fadeyibi has resigned his appointment effective yesterday upon the ratification during the board meeting.”

Before joining AEDC, Engr. Fadeyibi was the Managing Director/CEO of Eko Electricity Distribution (EKEDC). He is an astute professional with over 20 years of power sector experience.

Following his resignation, the board appointed Mr. Christopher Ezeafulukwe, as the MD/CEO of the agency as Fadeyibi’s replacement.

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