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Transmission Company appoints new CEO

BY CHRIS OCHAYI
ABUJA: The Board of Transmission Company of Nigeria, TCN, has approved the appointment of Mr Mack Kast, as the new Managing Director and Chief Executive of the agency with immediate effect.

Kast replaced Mr Don Priesman, the pioneer Managing Director/CEO for the Manitoba Hydro International, MHI, management contract in the TCN, who retired following a meritorious service with MHI of Canada in about 45 countries.
The General Manager, TCN, Mrs. Seun Olagunju, explained in a statement issued in Abuja that Kast’s appointment was based on the recommendation of MHI.

According to her, “contrary to reports in some section of the media, TCN in its press release titled “TCN Board confirms Mr. Mack Kast as the new CEO of Transmission Company of Nigeria”, did not in any way, state that Engr. Don Priestman, who had honorouably served as the MD/CEO of TCN for the period of his contract engagement with Manitoba Hydro International as the MD/CEO of TCN, was sacked. Such insinuations are damaging and not acceptable to the company.

“TCN completely disassociates itself from that publication which it knows is false and without any basis, and also request that this erroneous report be immediately corrected by the various media houses that made the publication.

“Meanwhile, Mr. Mack Kast who has taken over as the new MD/CEO of the company, was engaged as an Advisor for Manitoba Hydro International (MHI), working for the Transmission Company of Nigeria (TCN) as part of the Nigeria Government’s Power Sector Reform initiative and has spent substantial time working on this project since its inception in September 2012.

“A graduate of the University of Toronto, Canada, he has worked in the power utility sector. He held executive roles in Manitoba Hydro as well as in Ontario Hydro and Regulatory Boards in Ontario and Alberta, Canada. Mr. Kast has equally worked under various capacities in other countries including Tanzania, Mozambique, Liberia and the Balkan States,” she said.


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