Business

Celebrating 365 Days of Purposeful Leadership: The Passionate, Purposeful And Peerless Dr. Sanda In The EKEDC Saddle

By Olatunde Dodondawa

PRESS RELEASE 1. EKO DISCO APPOINTS TINUADE SANDA AS ITS DEPUTY CEO 2. TINUADE SANDA NAMED EKEDC DEPUTY CEO 3. TINUADE SANDA BECOMES THE FIRST FEMALE DEPUTY CEO EKO DISCO The Board of Director of Eko Electricity Distribution Company (EKEDC) has approved the appointment of Dr. Tinuade Sanda as the Deputy Managing Director of Eko the Company. Prior to her appointment, Dr. Sanda was the Chief Accounting Officer, a position she had occupied since 2013. This announcement was made by the EKEDC General Manager, Corporate Communications, Godwin Idemudia through an official statement to the press. He stated, ‘we are pleased to announce that the Board of Eko DisCo has approved the appointment of Dr. Tinuade Sanda as the new Deputy CEO, which is in line with the company’s strategies and procedures. The Board and the Management are confident in Dr. Sanda’s proficiency and capacity to assist in leading the company towards its vision of becoming the leading and customer-centric electricity distribution company in Africa.’ In his statement, the Board Chairman, EKEDC, Mr. Oritsedere Otubu said “We are proud to announce Tinuade Sanda our first female Deputy CEO. Her appointment has proven the resilience of our succession planning mechanisms and the value we place on our corporate governance practices, which underpin our philosophy of building and recognizing home-grown talents.’’ Dr. Tinuade Sanda is a senior executive with vast experience in Financial Reporting, Treasury Management, Taxation, Mergers and Acquisitions, Finance Regulation, Risk Management and Financial Modeling. Prior to joining EKEDC in 2013, Dr. Tinuade was the Head, Finance and Administration at Vanguard Energy Resources, a leading oil and gas trading services company. In 2001, she joined the banking sector at Chartered Bank of Nigeria where she rose through the ranks before joining Access Bank as the Head of Retail Risk Management till 2012 when she left the sector. She earned her bachelor’s degree in Financial Accounting from Obafemi Awolowo University, and master’s degree in Business Administration from the Heriot-Watt University in Edinburgh. She also attended Strategic Financial Analysis for Business Evaluation Program at the Harvard Business School in 2015. She is a Fellow of the Institute of Chartered Accountants in Nigeria; Institute of Management Consultants, United States; and Institute of Professional Financial Managers, London. She is also an Associate Member of Risk Management Association of Nigeria; Financial Reporting Council of Nigeria; and the Institute of Directors, Nigeria. In 2020, She was awarded a Doctor of Philosophy in Financial Management & Entrepreneurship from the ICON University of Management Science & Technology, Benin Republic. Reacting to her appointment, Dr. Tinuade Sanda expressed her gratitude towards her new responsibility in the Company. She stated, ‘I appreciate the Board’s belief in my ability as I look forward to supporting the CEO in developing Eko DisCo further with the formidable workforce. “We know our role in the electricity industry; hence, I am going to give my best to ensure EKEDC continues to deliver on its promise to our customers and enhance collaboration with stakeholders to bring about further growth and development in the Nigerian Electricity Supply Industry.’ Dr. Sanda is an active participant in the electricity market, and she is a member of the CFO subcommittee of The Association of Nigerian Electricity Distributors (ANED) where her innovative ideas have led to positive changes introduced in the financial processes and systems of participants in the power sector.
Tinuade Sanda, MD/CEO Eko Disco.

Leadership is the force that propels change. Meaningful change. This has remained true over time and continues to be the bedrock upon which great accomplishments are based.

Dr. Tinuade Sanda, MD/CEO of Eko Electricity Distribution Company (EKEDC), embodies this truth. She symbolizes purposeful, passionate, and peerless leadership. Her one-year record in the saddle of EKEDC has been nothing short of phenomenal.

 

Appointed MD/CEO in March of 2022, Dr. Sanda’s emergence was greeted with much excitement and anticipation. As a female professional who had built a long and established career in corporate finance and administration, many were eager to see what the reputed change-maker would do at the helm of a big energy company in a very challenging industry. It was a huge responsibility, a big job. On the evidence of her one-year record, it is now abundantly clear that she has provided an adequate response to all the curious minds!

 

Upon assuming office, Dr. Sanda took off on the right note by developing and launching her service philosophy encapsulated by her Mission Possible Mantra. This mantra revealed her mindset toward corporate leadership and growth. It underscored her belief in defiance against the odds, in rejection of mediocrity, in resistance to complacency, and in never settling for anything short of the best. It was a rallying cry to excellence. She knew that to attain collective success, the mindset needed to be gotten right. A mindset of optimum success needed to be instilled. She understood that one’s team needed to be galvanized and inspired by a shared philosophy. This is the hallmark of purposeful leadership.

 

Having laid this very essential foundation, she set out to re-organize operational and team structure for optimum performance, improve team remuneration and performance incentives, realign customer and community engagement strategies for better brand positioning and service delivery, and develop an inclusive, impactful, and sustainable Corporate Social Responsibility plan. All these were part of her innovation-based integrated reform plan. A flurry of activities followed, and the results were peerless.

 

In just some months under her leadership, EKEDC recorded: its highest levels of power distribution to its customers, its highest collection ever, and its lowest ever ATC&C losses. EKEDC also recorded substantial reduction in work-related accidents and a marked increase in staff retention. It distributed over 46,000 meters to its customers through its Mobile MAP Initiative, while also taking delivery of 150 brand-new transformers meant for communities with shortages. It has been an unprecedented activity and a result-packed period in the life of EKEDC.

 

Dr. Sanda’s passion has not only been limited to pure corporate performance and service delivery, but it has also been significantly displayed in social impact. As a firm believer in structured social intervention, Dr. Sanda has always advocated for corporate organizations to prioritize the communities in which they operate, making sure their policies and activities do not exist at their expense, but work to elevate them instead. For her, CSR is not merely a tokenist afterthought, but a carefully developed social impact plan that is scalable, measurable, and sustainable. Her integrated four-pillar CSR plan meets this criterion. It is a plan focused on impacting society through programs and interventions geared towards improving health & well-being, education, technology, and sports. So far, multiple projects built around the four pillars have been undertaken, bringing relief and succor to many.

 

For Dr. Sanda, leadership means purpose, it means passion, it means peerlessness. A leader must have a clear sense of purpose and direction, they must never let their fire die out, and they must represent unrivaled excellence. These are the attributes by which she has led EKEDC, and by which the company is rapidly shattering previous records of success against all odds.

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