Colin Welch named interim CEO of GPL
Colin Welch
Colin Welch

THE Guyana Power and Light Inc.(GPL) yesterday announced the interim appointment of Colin Welch as Chief Executive Officer following the removal of CEO Bharrat Dindyal.According to a release from GPL, the appointment which was made since August 17 would see Welch being moved up from Deputy CEO (Technical) to being interim CEO at the power company.
It was also stated that Renford Homer, Senior Divisional Director, Commercial Services and Information Technology, has been designated interim Deputy CEO.
“The interim appointments will continue until the new Board of Directors is installed, hence, advertisements to fill existing vacancies on GPL’s Executive Management Structure will be executed,” the release stated.
Earlier, the power company’s Board of Directors, through its Chairman Winston Brassington, had expressed their  dissatisfaction with the CEO’s performance.

Dindyal was fired by the government less than two weeks ago after it was discovered that his contract had expired since December 2014 and he was working at the behest of former Prime Minister Samuel Hinds, based on their verbal agreement to a six-month extension of the contract.
However, recently there was a public feud between Dindyal and Welch, who had sought twice to have two GPL officials removed from GPL’s premises. The officials in question appealed to Dindyal and he intervened on both occasions to overturn Welch’s decision. During one of these incidents there was a confrontation between the two, that was made public via social media where Dindyal was heard using profanity and making disparaging reference to the Minister of Public Infrastructure David Patterson.
It was revealed that the former CEO pocketed $3.8M in basic salary, $875,000 in monthly gratuity, $500,000 for accommodation, security allowance at $525,000, leave passage at $210,000, and medical allowance at $210,000.
This would take the former CEO’s monthly salary to a staggering $6.1M and annual earnings to $74.3M.

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