KenGen searches for new CEO ahead of Peter Njenga retirement
In an advertisement published in a local daily, the power producer said the incoming CEO will report to the Board of Directors and provide strategic and visionary leadership while taking full operational responsibility for implementing and evaluating the company’s business plans.
Nairobi, Kenya - Kenya Electricity Generating Company (KenGen) has initiated the search for a new Managing Director and Chief Executive Officer, in preparation for the impending retirement of Peter Njenga at the mandatory retirement age of 60. The advertisement, published in a local daily, outlines the expectations for the incoming CEO, who will assume the role of strategic and visionary leadership, with responsibility for the implementation and evaluation of KenGen's business plans.
The successful candidate must possess a degree from a recognized Kenyan university, have ten years of relevant work experience, and five years in a senior management position. Additionally, they must comply with Chapter Six of the Constitution regarding leadership and integrity. Njenga was appointed to his position on August 18, 2023, for a three-year tenure, following Abraham Serem's acting role.
His term concludes upon reaching the mandatory retirement age, prompting KenGen to commence the recruitment process for his successor.
During Njenga's tenure, KenGen has experienced increased profitability, with net profits rising to Sh10.48 billion in 2025 from Sh6.8 billion in 2024. The company has consistently prioritized geothermal generation, alongside investments in renewable energy and the expansion of its generation capacity. As Kenya seeks to expand its generation capacity, diversify its renewable energy portfolio, and accommodate growing electricity demand, the incoming CEO will assume leadership over the country's largest electricity generator.
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