- New CEO Kgoboko takes full charge
- Unleashes his roadmap, key priorities
- BPC Board hopeful for a turnaround
- MASA 2020 project to end March 2021
In spite of the troubles that Botswana Power Corporation has endured over the years, its new Chief Executive Officer David Kgoboko is adamant on transforming the beleaguered power utility.
Kgoboko, who was unveiled as the new BPC CEO this week, reiterated his commitment to turn around the fortunes of BPC, saying the institution has got challenges that require urgency to address.
Sharing his roadmap after joining BPC from Morupule Coal Mine MCM), he said his new assignment is not an easy one, vowing however to deliver on it. Kgoboko served as General Manager at MCM.
“BPC plays a key role in the economy of Botswana. There are challenges facing the corporation but no doubt with the available team we have they will be turned into opportunities. It is not an easy assignment but I believe by putting more effort in asset care and maintenance this would be helpful. I reaffirm commitment to improve performance of BPC,” said the upbeat Kgoboko.
The new BPC head honcho’s key priority areas include focusing on promotion of safety, health and environment, improving the morale of the workforce, and ensuring effective corporate governance within the corporation.
BPC Board Chairman Professor Oboetswe Motsamai hailed Kgoboko’s appointment as critical for the organisation.
“Mr Kgoboko brings organisational leadership experience to the corporation and is tasked to implement the corporation’s strategy which is aimed at financial turnaround of the organisation and to improve service delivery to customers in a sustainable and safe environment,” he stressed.
Prof Motsamai revealed that Kgoboko has been hired on a five (5) year performance based contract.
According to him, BPC is further delighted that Kgoboko has been appointed the CEO at a time when the corporation is reviewing its corporate strategy and developing successor strategy to MASA 2020.
Hopes of reversal in fortunes were embedded in the corporation’s five year game plan dubbed MASA 2020 transformation strategy that initial intended to turnaround the status of BPC by 2020.
The MASA 2020 five-year transformation strategy which commenced in April 2016 comes to an end in March 2021.
“The corporation has commenced the review of MASA 2020 with the objectives of developing a successor strategy which should see the corporation financially viable and delivering reliable service to the customer in a safe and environmentally sustainable manner,” he added.
The main focus for the strategy – Prof Motsamai said – will include financial turnaround, service delivery, organisational efficiency and a safe working culture. The BPC board has pledged to support the new CEO Kgoboko to turnaround the organization fortunes.