Author: Chidi Emenike

The Board of Transnational Corporation of Nigeria Plc (Transcorp) has announced the appointment of 4 key executives across the group, effective 22nd April 2021.

This is according to a disclosure signed by the company’s secretary, Chike Anikwe and published on the website of the Nigerian Stock Exchange (NSE). According to the press release, the new appointments cut across Transcorp Plc Group and its subsidiaries, Trans-Afam Power Limited and Transcorp Energy Limited.

Appointed Executives

Mr Victor Famuyibo will be joining the firm’s Board of Directors effective from the aforementioned date. Prior to joining the Board, Mr Famuyibo gained valuable experience with some multinational companies such as UAC Nigeria, Heineken and the Nigerian Breweries. He retired from the Nigerian Breweries as a Director of Human Resources and a member of the Board after 32 years of service.

Mallam Ahmadu Hamman Sambo was also appointed into the Board of Transcorp as a Director. He is a veteran with over three decades of experience spanning across private and public sectors in Nigeria. He served in various leadership capacities, occupying esteemed positions in public service, such as the Managing Director of NNPC Oilfield Services Limited, NIDAS Marine Limited and NNPC Pension Fund Limited among others.

Engr Vicent Ozoude was appointed as the MD/CEO of Trans-Afam Power Limited. Prior to joining the Transcorp Group, he was a Sales Director at General Electric Inc- Sub Saharan Africa. Engr Ozoude has over 20 years of experience in the power generation services sector.

Peter Ikenga was appointed as the MD/CEO of Transcorp Energy to lead the conglomerate integrated energy strategy with focus on gas, renewables and alternative energy. Prior to his appointment, he was a Refining Director for an indigenous oil and gas operator.

What Transcorp Plc is saying:

While commenting on the appointments, Mr Tony Elumelu, Chairman, Transcorp Group Plc, said: “Transcorp has made a succession of important recent business acquisitions, consolidating our position in the power, oil and gas sectors, demonstrating our commitment to Nigeria’s economy and the rapid advance in our integrated power strategy. We are delighted to complement these with further investment in human capital. These announcements illustrate the depth, diversity and quality of experience of our leaders, both executive and non-executive. Our Board and management team, led by the President/Group CEO, Mrs. Owen Omogiafo, are further capacitised to deliver our vision. Mr. Famuyibo, with his considerable experience in human resources, will be invaluable in working with management to deliver cutting edge employee management practices. Mallam Sambo brings crucial knowledge of the energy sector, further accelerating our integrated energy strategy”.

Transnational Corporation of Nigeria Plc is a public quoted conglomerate, with a diversified shareholder base of over 300,000. Some of its portfolio includes; Transcorp Hilton Abuja, Transcorp Hotels Calabar, Transcorp Power Ltd, Trans-Afam Power Ltd, Transcorp Energy and Aura by Transcorp Hotels.