The appointment was disclosed in a notice to the Nigerian Exchange Limited (NGX), where the company stated that Mr Manley’s assumption of office is subject to the approval of the Nigerian Electricity Regulatory Commission (NERC) and ratification by shareholders at the next general meeting.
The board said the decision forms part of efforts to strengthen Geregu Power’s operational capacity and support its long-term strategic direction, particularly after a change in core ownership concluded in late December 2025.
In a statement, the board expressed confidence that Mr Manley’s depth of experience in the global power sector will be critical in guiding the company through the transition period. Directors noted that his technical, operational and leadership background aligns with Geregu Power’s focus on efficiency, reliability and disciplined execution in Nigeria’s evolving electricity market.
Extensive Industry Experience
Mr Manley brings more than three decades of experience in the power industry, spanning sales, business development, project execution, supply chain management and original equipment manufacturer (OEM)-led delivery. His career has involved the delivery of complex energy projects across developing and emerging markets, equipping him with hands-on experience in operating within challenging regulatory and infrastructure environments.
A significant part of his professional journey was spent at Siemens, where he developed extensive expertise in thermal power generation. His responsibilities included plant construction and commissioning, major overhauls, and long-term operations and maintenance support, giving him end-to-end exposure to power plant lifecycle management.
The company described him as a practical problem-solver with a proven record of delivering large-scale infrastructure projects while maintaining operational efficiency and system reliability.
Operational and Strategic Capabilities
Beyond technical leadership, Mr Manley has managed multi-million-dollar business units, overseen complex international supply chains and led cross-functional teams responsible for delivering critical power infrastructure. His background in logistics, procurement analysis and stakeholder engagement is expected to support Geregu Power’s operational sustainability.
He also brings strong experience in working with regulators, project partners and host communities across multiple jurisdictions. According to the board, his international exposure and intercultural competence will be valuable in leading diverse teams and navigating Nigeria’s complex power sector landscape.
The board stated that Mr Manley’s appointment is expected to “add significant value to the company as it consolidates its operational base and advances its long-term growth plans.”
Context of Ownership Change
The leadership change follows a major shift in Geregu Power’s ownership structure. In December 2025, MA’AM Energy Limited acquired a 95 per cent equity stake in Amperion, making it the new controlling shareholder of Geregu Power, according to a regulatory filing with the NGX.
As a result of the transaction, effective control previously held by Calvados Global Services Limited and investor Femi Otedola was transferred to MA’AM Energy. Mr Otedola subsequently resigned as chairman of the company.
Geregu Power Plc is one of Nigeria’s leading power generation companies and operates a major thermal power plant that plays a key role in supporting the national electricity grid. The company is listed on the Nigerian Exchange and operates under the regulatory oversight of NERC.
Industry analysts say the appointment of an experienced interim chief executive reflects the company’s intention to ensure operational stability while laying the groundwork for sustained growth and long-term value creation for shareholders in a dynamic and competitive power market.