Transcorp Group appoints new CEO, non-executives

Transnational Corporation of Nigeria Plc (Transcorp) has appointed Valentine Ozigbo as the President/CEO of Transcorp. His appointment takes effect from January 1, 2019. He will succeed Mr. Adim Jibunoh, who is retiring on December 31, 2018. A statement from the company said Ozigbo, currently the MD/CEO of Transcorp Hotels Plc, owner of the prestigious Transcorp […]

Transnational Corporation of Nigeria Plc (Transcorp) has appointed Valentine Ozigbo as the President/CEO of Transcorp.

His appointment takes effect from January 1, 2019. He will succeed Mr. Adim Jibunoh, who is retiring on December 31, 2018.

A statement from the company said Ozigbo, currently the MD/CEO of Transcorp Hotels Plc, owner of the prestigious Transcorp Hilton Abuja, will bring over 20 years’ experience in banking, business development, hospitality and corporate transformation.

Ozigbo holds an M.Sc. Finance from Lancaster University, UK; an MBA in Banking & Finance and a B.Sc. in Accounting from the University of Nigeria. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).

Also, Owen Omogiafo has been appointed MD/CEO of Transcorp Hotels Plc also effective from January 1, 2019.

She is currently the Executive Director, Corporate Services at Transnational Corporation of Nigeria Plc. She has over 18 years’ corporate experience in organisational development strategy, human capital management, banking and business management.

She holds a B.Sc. in Sociology & Anthropology from the University of Benin and M.Sc. in Human Resource Management from London School of Economics and Political Science.

The Board of Transcorp also approved the appointments of Ms. Obi Ibekwe and Mrs. Toyin F. Sanni as non-executive directors, following the retirement of Mr. Kayode Fasola and Alhaji Abdulqadir Jeli Bello. Their appointments are effective from October 30, 2018.

Sanni was Group Chief Executive Officer at United Capital Plc, a position she retired from in June 2018. She has over 25 years of experience in investor services, law and finance.

She holds a Bachelor of Law degree from the University of Ife, an LLM from the University of Lagos and a professional qualification of the ICSA, UK and the Chartered Institute of Stockbrokers (CIS) Nigeria.

Ibekwe was an Executive Director at United Bank for Africa Plc, a position she retired from in May 2016. She holds a Bachelor of Arts degree in International Relations from Tufts University, Medford, Massachusetts, USA, a Bachelor of Law degree from the University of Lagos and an MBA degree from Ross School of Business, University of Michigan, USA.

She has over two decades experience in banking, holding senior executive and senior management positions spanning credit and marketing, credit risk management, human resources and customer service.

Transcorp Hotels Plc also announced the appointment of Emmanuel Nnorom as the chairman of its board, following the retirement of Alhaji Abdulqadir Bello.

Nnorom is the Group Chief Executive Officer of Heirs Holdings, after retiring as the President/CEO of Transcorp. He brings over three decades of professional experience in the corporate and financial sectors, working with publicly listed companies.

Speaking on the appointments, the Chairman, Transcorp, Mr. Tony Elumelu, expressed confidence that the newly appointed chief executives and non-executive directors would further strengthen Transcorp’s core purpose of improving lives across Nigeria.