Prior to his appointment, Ngibuini was the Corporation’s Finance General Manager.
The move comes after the board declined to renew the contract of Petronilla Ogut as MD for a second term.
Board chairman Julius Kones says Ogut failed to meet the required 70 percent mark in her performance appraisal.
“Her first contract ended in September last year. The board decided to give her a six months contract to see if there will be improvement but that was not been the case. On Monday, March 10, when the board did her performance evaluation, the Managing Director did not meet the pass mark. She scored 59 percent,” Kones said in an interview with Capital FM Business.
Ogut had in January this year requested the board to be granted the balance of two and a half years to enable her complete the balance of the contract.
Ngibuini will now serve for the next six months, a period within which the board will have completed the recruitment of a new MD.
“We will be having a full board meeting on March 27 to deliberate on how we are going to go about the recruitment process. We may decide to look for a consultant to do recruitment for us, or we will put an advert in the papers and carry out the process ourselves,” he said.
Some of the projects that the outgoing MD was expected to complete include the Sh1billion Kiserian dam, Sh2billion Umma dam in Kitui County which stalled in 2011 and Badasa dam in Marsabit County. “It appears the implementation of the projects was too slow.”
Kones, who is on his second months as Board Chairman, said this was one of the steps to rejuvenate the institution which he says has been faced by numerous challenges leading to stalling of key projects. Some of the challenges include corruption, apathy and shortage of staff.
For example since September last year, the institution has seen the resignation of six key engineers.
“The board feels that we need to reorganize and re-engineer this place and I believe this is one of those steps the board has taken. We will also restructure the departments to ensure that we attract competent engineers and other professionals,” he said.