31 C
Tuesday, September 29, 2020
- Advertisement -

Transcorp Names New Team


Africa, AfCFTA, The Private Sector and The Way Forward By Abdul Samad Rabiu

I start by congratulating African leaders on the opening of the AfCFTA secretariat last month. I believe the secretariat will further help...

What Manner of Olive Branch? By John Mayaki

Happy times are here for Godwin Obaseki, who rode into victory, courtesy of his Rivers State counterpart and comrade-in-electoral sleight of hand,...

Between ‘Dividers-in-Chief and Dividers-in-Law’ By Wole Soyinka

I am notoriously no fan of Olusegun Obasanjo, General, twice former president and co-architect with other past leaders of the crumbling edifice...

Putting our Money Where Our Mouth Is – By Femi Adesina

There is a story that President Muhammadu Buhari likes to tell. He has done so many times in public and private meetings....

Transnational Corporation of Nigeria Plc (Transcorp), a chaebol-styled public company with interests in energy, hotels and agriculture has announced changes in its leadership after the exit of its former chief executive Manz Denga. Obinna Ufudo will replace Mr Denga as president and chief executive officer after the latter’s resignation was accepted by the board.

Mr Ufudo was the previously the Chief Operating Officer at the Tony Elumelu-led Heirs Holdings Group where he was part of the team that managed the operations of the group including HH Capital and Tenoil Petroleum and Energy Services. He has over sixteen years professional experience in treasury management, business strategy and investment banking.

The conglomerate which is based in Lagos, also named Chibundu Edozie to its Board of Directors. In addition to this new role, Mr Edozie will continue to function as the Group Deputy Managing Director of BGL Plc where he oversees the strategic business platform for the company’s asset management, private equity, securities and investment banking divisions. A geologist by training, he has extensive experience in the capital markets and investment banking industry and was appointed to the Committee on the Review of the Investment and Securities Act (ISA) by the Federal Ministry of Finance.

Dupe Kupoluyi Olusola will also join the board as Director of Resources. Her expertise is in investor relations, private equity, business development and financial advisory services in emerging markets, particularly in West Africa and Europe.

“Transcorp places great emphasis on attracting top talent to lead the company to its next stage of growth and development.” said Transcorp Chairman Tony Elumelu. “Our board is convinced that Obinna is the right person to help lead the group forward.”

- Advertisement -


Please enter your comment!
Please enter your name here

- Advertisement -

Business Profiles

Afsane Jetha

Afsane Jetha is the Managing Partner and CEO of Alta Semper Capital, which she co-founded in 2015 alongside Ronald Lauder (Chairman of...

Okechukwu Ohanta

Okechukwu Ohanta is the Sub-Surface Manager at Tenoil Petroleum and Energy Services. Mr Ohanta is responsible for the company's subsurface studies, formation...

Chukwunonye Emenalo

Chukwunonye Emenalo is a lecturer of financial management at Lagos Business School. His teaching interests are in financial management/corporate finance. His research...

Oyewale Ariyibi

Oyewale Ariyibi is the Chief Financial Officer at FBN Holdings Plc. Before this appointment, he was Chief Finance Officer at Transnational Corporation...

Dada Awosika

Dada Awosika is the Managing Partner of D.A Awosika & Partners LLP. He started his Legal Practice in 1996 at the law...