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Transcorp Makes New Board Appointments, Unveils New Subsidiary CEOs

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Transcorp Makes New Board Appointments, Unveils New Subsidiary CEOs

Transcorp Makes New Board Appointments, Unveils New Subsidiary CEOs

The Board of multinational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest listed conglomerate and a number one capitalist within the energy sector, has proclaimed the appointment of man. Victor Famuyibo and Mallam Ahmadu Sambo to its board of administrators.

The appointment became effective from April twenty two, 2021.

The group, in an exceedingly statement at the weekend, conjointly formally proclaimed the appointment of 2 new members of its govt management team: man. Vincent Ozoude, as MD/CEO of Trans-Afam Power restricted and man. Peter Ikenga, as MD/CEO of Transcorp Energy restricted.

Famuyibo joined the board with deep expertise and data in human resources and personnel management. He worked with transnational firms like UAC Nigeria, Heineken International and Nigerian Breweries Plc, wherever he diode varied groups to drive robust worker engagement, the statement adscititious.

Famuyibo retired from Nigerian Breweries as Director of Human Resources and a member of the board when a distinguished career of thirty two years within the company.

On the opposite hand, Sambo has over thirty years of labor expertise within the non-public and public sectors in Nigeria and also the u. s..

He retired as cluster chief guilty of cluster Finance for the Nigerian National rock oil Corporation (NNPC). before this, he was the administrator of NNPC field Services restricted, NIDAS Marine restricted and NNPC Pension Fund restricted between 2011 and 2016.

The statement same in recognition of his worthy service, he received varied awards, together with the primary Place Ministerial Award for outstanding employees Performance from the Honorable Minister of State for rock oil Resources.

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“He could be a Member of the Commonwealth of Massachusetts Board of job and State of latest Hampshire Board of job. he’s conjointly a Member of the Massachusetts Society of Certified Public Accountants and National Association of Black Accountants,” it added.

Similarly, Ozoude is that the MD/CEO of Trans-Afam Power restricted. He joined Transcorp cluster from General electrical (GE) Inc-Sub Sahara Desert Africa, wherever he was sales director, covering entire geographic area for General wattage Generation Services portfolio.

A graduate of Chemical Engineering with Masters within the same field from the Enugu State University of Science and Technology, Ozoude is leading Transcorp’s recently nonheritable 966MW powerhouse quality, Afam Genco, that includes Afam Power Plc and Afam 3 quick Power restricted.

“Ozoude has over twenty years of labor expertise within the power generation services sector, was at a while a member of GE field engineers planning board for Africa and geographical area region, a belt lean six letter of the alphabet qualified and won varied awards like Everyday Excellence experience Award from GE world leadership, Clear Thinker Award amongst others,” it added.

Ikenga is that the MD/CEO Transcorp Energy to guide the conglomerate’s integrated energy strategy, with specific specialise in gas, renewables and energy.

He brings with him a wealth of world skilled expertise, having directly developed and managed major oil, gas and power assets and operations in multiple regions, together with Nigeria, Brazil and also the u. s. for Shell Nigeria and Shell International. before connexion the cluster, Peter was processing director for associate degree endemic oil and gas operator in Nigeria.

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Commenting on the appointments, the Chairman of Transcorp cluster, Mr. Tony Elumelu, said: “Transcorp has created a succession of vital recent business acquisitions, consolidating our position within the power, oil and gas sectors, demonstrating our commitment to Nigeria’s economy and also the fast advance in our integrated power strategy.

“We square measure delighted to enhance these with additional investment in human capital. These announcements illustrate the depth, diversity and quality of expertise of our leaders, each govt and non-executive. Our board and management team, diode by the President/Group chief operating officer, Mrs. Owen Omogiafo, square measure additional capacitised to deliver our vision.

“Mr. Famuyibo, together with his wide expertise in human resources, are valuable in operating with management to deliver innovative worker management practices. Mallam Sambo brings crucial data of the energy sector, additional fast our integrated energy strategy.

“Peter and Vincent, operating with our existing CEOs, Mr. Chris Ezeafulukwe, MD/CEO Transcorp Power Ughelli and Mrs. Dupe Olusola, MD/CEO Transcorp Hotels Plc, can contribute to the group’s mission of ‘improving lives and remodeling Nigeria.’

Mr. Elumelu said: “Peter and Vincent, operating with our existing CEOs, Mr. Chris Ezeafulukwe, MD/CEO Transcorp Power Ughelli and Mrs. Dupe Olusola, MD/CEO Transcorp Hotels Plc, can contribute to the Group’s mission of “Improving Lives and remodeling Nigeria. “With the acceleration in our integrated energy strategy and also the growth of our welcome business, notably the recently launched digital welcome platform, Aura by Transcorp, we have a tendency to square measure nearer to our goal of powering one in each four homes in Nigeria and redefining the standards of welcome in Africa. This investment in human capital demonstrates, once again, our commitment to gather the most effective, to confirm the execution and worth creation that our stakeholders expect”.

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Transnational Corporation of Nigeria Plc (Transcorp) could be a in public quoted conglomerate, with a diversified investor base of over three hundred,000. Its portfolio includes strategic investments within the power, welcome, agriculture and oil and gas sectors.

Among the organisations within the cluster square measure Transcorp Hilton national capital, Transcorp Hotels Calabar, Transcorp Power Ltd, Trans-Afam Power Ltd, Transcorp Energy and also the recently launched digital welcome platform, Aura by Transcorp Hotels.

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