KenGen searches for new CEO ahead of Peter Njenga retirement

KenGen searches for new CEO ahead of Peter Njenga retirement
KenGen MD/CEO Peter Njenga/courtesy

NAIROBI, Kenya, Aug 18 – The Kenya Electricity Generating Company (KenGen) has started the search for a new Managing Director and Chief Executive Officer ahead of the retirement of Peter Njenga upon attaining the mandatory retirement age of 60.

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.

The successful candidate will also be expected to drive KenGen’s strategic objectives and ensure the effective management of its operations in line with plans approved by the Board.

Applicants are required to hold a degree in a relevant field from a university recognised in Kenya, have at least 10 years’ work experience in a relevant field and have served in a senior management position for at least five years.

Candidates must also meet the requirements of Chapter Six of the Constitution on leadership and integrity.

Njenga was appointed KenGen Managing Director and CEO on August 18, 2023, for a three-year term, taking over from Abraham Serem, who had been serving in an acting capacity.

His term is therefore due to expire as he reaches the mandatory retirement age, prompting the power producer to begin the recruitment of his successor.

Under Njenga’s leadership, KenGen reported an increase in profitability, with net profit rising to Sh10.48 billion in 2025 from Sh6.8 billion in 2024.

The company has continued to position geothermal generation as a key pillar of its strategy, alongside investments in renewable energy and expansion of its generation capacity.

The incoming CEO will take charge of Kenya’s largest electricity generator at a time when the country is seeking to expand generation capacity, diversify its renewable energy portfolio and support rising electricity demand.