TCN fires Priestman, appoints new CEO

TCN12 December 2013, Abuja – The board of the Transmission Company of Nigeria has fired its Chief Executive Officer, Mr. Don Priestman, and has appointed a new CEO to manage the firm.

Although no official reason was given as to why Priestman’s appointment was terminated, sources at TCN told our correspondent that “internal wrangling, lack of cooperation and many other issues,” warranted the abrupt sack.

Before his sack, Priestman was an international expert that headed Manitoba Hydro International, the firm employed by the Federal Government to manage the country’s electricity transmission company.

A statement on Friday night from the General Manager, TCN, Mrs. Seun Olagunju, did not state why Priestman’s appointment was terminated. It rather reeled out the qualifications of the newly appointed TCN boss.

Olagunju, in the statement said the “board of the TCN has approved the appointment of Mr. Mack Kast as the new Managing Director/CEO.

“The appointment of the new MD was approved during the fourth meeting of the board, held in the company’s headquarters, Abuja on Wednesday, December 18, 2013. By this appointment, Kast has replaced the former MD/CEO, of TCN, Mr. Don Priestman.”

It said prior to Kast’s appointment as MD/CEO, he was engaged as an advisor for MHI, working for the TCN as part of the Federal Government’s Power Sector Reform initiative and spent substantial time working on this project since its inception in September 2012.

The statement said, “He held executive roles in Manitoba Hydro as well as in Ontario Hydro and Regulatory Boards in both Ontario and Alberta, Canada. More recently, Kast was a member of a three-person team engaged by MHI on a two-year contract with the Kenya Light and Power Company on an Energy Sector Recovery Project.”

She said the primary objectives of the appointment were to upgrade and expand the transmission and distribution system of the national electric utility.

Meanwhile, the TCN stated that it will be carrying out urgent unavoidable repair works on its 330kV transmission line from Onitisha in Anambra State to Alaoji in Abia State today.

It said the repairs would last from 9am to 12noon.

It said, “Consequently, the Afam VI, River IPP, Ibom Power and Afam IV Power Stations will be shut down, resulting in 826MW reduction in generation output.

“During this period, Abia, Cross River, Imo, Akwa Ibom and Bayelsa States will experience power outage however power supply will be restored as soon as repair works is completed at 12noon.

“TCN assures that the repair work will improve power grid reliability but regrets inconveniences to the government and good people of the affected states.”


– The Punch

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