Job Ref. MN 5605
The Company
Our client, Kenya Electricity Generating Company Ltd, KenGen,
which ¡s listed on the Nairobi Securities Exchange, is 70% government-owned. It
has 1,236MW of installed capacity from various sources - 66% Hydro, 21 %
Thermal, 13% Geothermal, 0.4% Wind. It controls about 80% of the power
generation capacity in Kenya.
KenGen aims to be the market leader in the provision of electric
energy in the Eastern Africa region.
The Strategy
The Company operates in a liberalized and regulated single-buyer
market competing with Independent Power Producers.
The forecasted national peak demand to meet Kenya Vision 2030
objectives is 15,000MW by year 2030. KenGen is going to be a major player in
attaining this national target.
In alignment with this national goal, KenGen has set out an
ambitious operational and growth strategy, to grow its capacity from the current
1,236MW to 3,000MW by 2018.
It estimates a capital outlay of US$ 5 billion (Kshs 450
billion) and six-fold growth in revenues.
Launched in 2007 as Good-to-Great (G2G) Transformation Strategy,
the Company has just completed the first horizon (2008-2012) and is now gearing
up for the second horizon (2013-2018).
For more information on KenGen, visit www.kengen.co.ke
In order to meet the planned growth and sustain momentum of the
ongoing Transformation Plan, the Board of KenGen now wishes to identify and
recruit a capable Managing Director & CEO to succeed the outgoing Managing Director
& CEO who has driven growth and operational effectiveness in KenGen for the
last ten (10) years.
The successful candidate will be expected to assume office on
1st July 2013.
Job Profile
Job Profile
- Lead the
implementation of the Transformation Strategy with the Board and
proactively provide insights and direction to the implementation of
committed and planned projects on time and budget.
- Ensure all
project financing needs are sourced on time and competitively with the
right mix of financing.
- Oversee
execution of management and financial accounting roles and ensure ICT is
leveraged in support of operational effectiveness.
- Oversee lean,
safe and effective operations of KenGen generation assets, ensuring
embedment of best operational practices across the business value chain.
- Help shape
regulatory evolution in the Kenyan power sector and maintain very strong
relationships with key stakeholders both local and international on all
planned generation capacity expansion.
- Ensure KenGen
compliance with applicable statutory, legal and regulatory requirements
and standards and manage existing and emerging business risks.
- Ensure and
uphold best practice Corporate Governance structures and systems in line
with KenGen core values of Teamwork, Integrity, Professionalism and
Safety.
- Develop and
nurture a dynamic and competent workforce through a robust
performance-driven culture.
- Implement Board
decisions efficiently and effectively and keep the Board informed in all
strategic aspects of the business.
- Establish
effective internal monitoring and control systems in executing the
strategy.
Person Profile
- Demonstrated
distinguished leadership with a track record of achievements in the public
or private sector backed with a minimum ten (10)years in senior management
roles.
- A Transformative
and Change leader, keen on detail and strict deadlines with undisputable
respect and integrity.
- A holder of a
minimum Bachelors degree in Engineering, Commerce, Economics or other
relevant degree from a reputable/recognized university. A master’s degree
or professional qualifications is an added advantage.
- Experience in
multimillion dollar projects fundraising.
Qualified applicants from around the world are invited to apply
for this unique opportunity to be at the pivotal drive for industry, commerce
and welfare of Kenyans.
A very attractive remuneration package will be offered to the successful candidate.
Email your application and detailed CV, names of three referees,
their telephone contacts and email addresses.
Disclose your current or past gross monthly salary.
Send your application via email only so as to reach us by 12
Noon 27th February 2013.
Send to:
Executive Selection Division,
Manpower Services (K) Ltd,
Email: recruit@manpowerservicesgroup.com.
