Transcorp appoints new directors, CEOs for subsidiaries
The Board of Transnational Corporation of Nigeria Plc has announced the appointments of Mr Victor Famuyibo and Mallam Ahmadu Sambo to its Board of Directors, effective April 22, 2021.
The group also announced on Friday the appointments of two new members of its executive management team, Mr Vincent Ozoude, as Managing Director/Chief Executive Officer of Trans-Afam Power Ltd and Mr Peter Ikenga as MD/CEO of Transcorp Energy Ltd.
Famuyibo, who worked with multinational companies such as UAC Nigeria, Heineken International and Nigerian Breweries Plc, is joining the board with deep experience and knowledge in human Resources and personnel management, according to a statement.
Transcorp said he retired from Nigerian Breweries as director of human resources and a member of the board after a distinguished career of 32 years in the company.
Sambo was the MD of NNPC Oilfield Services Limited, NIDAS Marine Limited and NNPC Pension Fund Limited between 2011 and 2016. He retired as group general manager in charge of group finance for the Nigerian National Petroleum Corporation.
Ozoude joined Transcorp Group from General Electric Inc-Sub Sahara Africa, where he was Sales Director, covering the entire Sub-Saharan Africa for General Electric Power Generation Services portfolio, according to Transcorp.
The statement said Ikenga had directly developed and managed major oil, gas and power assets and operations in multiple regions including Nigeria, Brazil and the United States of America for Shell Nigeria and Shell International.
Commenting on the appointments, the Chairman of Transcorp Group, Mr Tony Elumelu, 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.”
