RIFT VALLEY RAILWAYS INTRODUCES NEW COO
(Posted 15th February 2016)
Only days after making the announcement that Mr. Isiah Okoth was to succeed Mr. Carlos de Andrade as Chief Executive Officer of the Rift Valley Railways company did news emerge today that RVR has, effective immediately, appointed Mr. Vincent Ngalula Tshingo as their new Chief Operating Officer. Both appointments are seen as a major change of guard at RVR and the new team at the helm is expected to build on a 287 million US Dollar investment package which was rolled out over the past two years.
The fund were used to rehabilitate major interruption prone sections of the track between Mombasa and Kampala and resulted in a considerably reduction of deliveries from port to both Nairobi and Kampala. New GE locomotives and additional rolling stock, new management and cargo monitoring systems and complete track repair and maintenance units were also part of the capital expenditure over the past 24 months.
RVR now reportedly meets and exceeds all parameters set in the concession agreement the company holds with the two governments of Kenya and Uganda and is now entering the next phase of increasing both train frequencies and cargo carried.
Vincent joins Rift Valley Railways from Belgium rail operator VECTURIS where he held senior responsibilities and oversaw special projects.
