Mugo Kibati is a Kenyan business executive currently working as the Chief Executive Officer (CEO) of Telkom Kenya Limited.
He has held this position in one of the largest telecommunication companies providing integrated telecommunications solutions in Kenya since his appointment in 2018.
The businessman also doubles up as the chairperson of the Lake Turkana Wind Power Project (LTWP) which provides 310MW of wind power to Kenya’s national grid.
Mugo has held this position since 2014.
Moreover, LTWP is the single largest private investment in Kenya’s history and the largest wind energy plant in Africa.
Likewise, Mugo served as the chairman of M-KOPA Solar, a leading home solar solutions provider in the world for three years beginning January 2016.
He was also the Group C.E.O of Sanlam Kenya, a Financial Services Group, listed on the Nairobi Securities Exchange (NSE) until he left in March 2018.
In addition, Mugo Kibati served as the Director General of the Kenya Vision 2030 Delivery Secretariat from 2009 to 2013.
In his role, Mugo spearheaded the implementation of Vision 2030, which is the official national strategy to transform Kenya into a newly industrialized country by the year 2030.
Furthermore, he became the Group Managing Director and CEO of East African Cables before joining public service, transforming a small Kenyan company into a regional huge firm with presence in South Africa, Uganda, Tanzania, and Rwanda.
Nonetheless, the businessman has also served on several corporate boards including I&M Bank, the Apollo Group, and Kenya Association of Manufacturers (KAM) among others.
The corporate guru is an alumnus of the prestigious Massachusetts Institute of Technology (MIT) where he did his masters in management combining engineering, management, and policy from 1997 to 1999.
In 1995 to 1997, Mugo did his joint degree on MBA/MA International Economics at the George Washington University – School of Business.
Nonetheless, Mugo Kibati is an electrical engineer from Moi University class of 1991. He afterwards studied European Union economics at Oxford University in 1996.
Achievements and Awards
Mugo Kibati was named a Young Global Leader by the World Economic Forum in 2008.
Later in 2012, Mugo gained admission as a Fellow to the African Leadership Initiative and became a member of the Aspen Global Leadership Network.
Furthermore, the late former president of Kenya Mwai Kibaki in 2012 awarded Mugo presidential decorations with the Order: Elder of the Burning Spear and with the Order: Moran of the Burning Spear.
Recently, Members of Parliament named Kibati among individuals identified as Independent Power Producers (IPPs) responsible for the high cost of electricity in Kenya.
According to the lawmakers, the IPPs are using a legal loophole to remain faceless so as to continue hiking the cost of electricity.
Moreover, the MPs unmasked several other Kenyans including Suleiman Shabal, Francis Koome Njogu, Kenneth Ndegwa and George Kagunyi.
Others are Kenneth Kagunyi Onyango, and Simon Guyo.
This was after the national assembly’s energy committee pushed to have independent power producers revise their prices downwards but failed as the IPPs declined.
According to the committee, the IPPs are selling a kilowatt unit of power to the Kenya Power and Lighting Company at Ksh. 25 which is five times higher than the supply from KenGen.