Indigenous meter asset provider, Armese Power Solutions, has appointed Mr. Fred Harry as Chief Executive Officer to help drive its business strategy as it looks to extend service lines and scale national boundaries.
A consummate business guru and strategist, Harry’s over 16 years in the banking sector cuts across banking operations, performance management/financial control, credit, retail and commercial banking. He holds a Bachelor’s degree in Geology from the University of Port Harcourt and an MBA in Strategy and Project Management from the prestigious Paris Graduate School of Management, France.
“We are extremely proud to have Mr. Harry on the Armese team. His wealth of experience in finance and business strategy will help deepen our existing business operations and provide the impetus to continually differentiate our products and services from competitors in the market,” said Dr. Dallas Peavey, Group Chief Operating Officer, Income Electrix Limited, parent company of Armese.
Reacting to his appointment, Harry said: “I consider it a privilege and a challenge to make the switch from banking to the power sector, leveraging the enviable track record Armese has achieved over the years. I join an established team known for breaking barriers and believe we will collectively continue to set the pace in the metering subsector and the much larger power industry.”
Prior to his current appointment, Harry worked with Unity Bank Plc. He also spent 15 years in UBA Plc, where he was tasked with identifying and maximizing business opportunities; monitoring and ensuring the financial budgets of the then over 150 bank branches in the South are achieved and ensuring optimal utilization of resources, among others. He emerged one of the ‘Most Valuable Staff of UBA’ during the maiden edition of the award in 2008.
Harry is a Professional Manager and a Chartered Accountant of the Institute of Chartered Accountants of Nigeria (ICAN); Member, Nigerian Institute of Management (NIM), National Institute of Marketing of Nigeria (NIMN) and also a Fellow of the Chartered Institute of Public Diplomacy and Management.
