Section 137 Electricity Act 2023
Section 137 of the Electricity Act 2023 is about Managing Director and chief executive officer of the Agency. It is under Part XVI (Rural Electrification Agency) of the Act.
(1) There shall be for the Agency a Managing Director who shall be appointed by the President on the recommendation of the Minister and on such terms and conditions as may be specified in his letter of appointment.
(2) The Managing Director shall be —
(a) the chief executive and accounting officer of the Agency;
(b) responsible to the Board for the administration of the Agency;
(c) appointed for a term of five years in the first instance and may, subject to satisfactory performance, be reappointed for one further term of five years and no more; and
(d) be a person who possesses adequate professional qualifications and experience in the fields of power, engineering, law, public administration, or other relevant discipline and must have prior senior management experience in the power sector either in public service or private sector for a cumulative period of at least 10 years.