Business

Transcorp Hotels Plc announces new non-Executive Director, Osakwe

889
Advertisement




Mr Udechukwu Obi Osakwe has been appointed a non-executive director of the leading hospitality brand, Transcorp Hotels Plc, effective from February 17, 2023.

The appointment is , however, subject to the approval of shareholders.

Osakwe”s appointment followed the retirement of Mr. Alexander Adeyemi from the Board after serving for close to 4four years.

Osakwe brings on board his extensive experience in Finance and Management Consulting, having held critical roles across the public and development sectors.

He is an experienced Chartered Accountant, Finance Director, and strong finance professional with a demonstrated history in the Management Consulting Industry.

He has worked with donor organizations such as the World Bank (IDA), AfDB, Global Fund and the GAVI.

With more than 30 years of private and public sector professional experience covering management consultancy and oversight of financial management operations, with the Federal Ministry of Finance, the Federal Ministry of Health Nigeria, and the Office of the Accountant-General of the Federation (Treasury House) Abuja, Osakwe is a great addition to the Board of Transcorp Hotels Plc.

Osakwe holds a B.Sc in Accountancy from Anambra State University of Technology (ASUTECH), Enugu, and an MBA in Finance from the University of Nigeria (Enugu).

The Board of Transcorp Hotels, however, expressed optimism o that Mr. Osakwe’s invaluable experience and commitment to corporate governance would be of great benefit in driving sustainable business growth for the company.

The Board also expressed its appreciation to the retired director, Alexander Adeyemi for his excellent contributions and commitment to the growth of the Company and wished him success in his future endeavours.

See also  NNPC Ltd, Afreximbank to raise $5 billion financing to support upstream Businesses

Transcorp Hotels Plc is listed on the Nigeria Exchange Group (NGX). The leading hospitality brand is the owner of the award-winning properties, Transcorp Hilton Abuja and Transcorp Hotels Calabar. Transcorp Hotels also owns Aura by Transcorp Hotels, an online platform for booking homes, hotels and experiences.

About Transcorp Hotels
Transcorp Hotels Plc is one of Africa’s leading hospitality brands, committed to redefining hospitality in Africa through innovation and exceptional service.

The company is the hospitality subsidiary of Transnational Corporation, one of Nigeria’s largest conglomerates. Its brands include Transcorp Hilton Abuja, Transcorp Hotels Calabar, and Aura by Transcorp Hotels.

Author

Leave a comment

Related Articles

Elumelu Champions $15bln West Africa Infrastructure Pipeline

By Samuel Akpan Nigerian billionaire and Heirs Holdings Chairman Tony Elumelu is...

Nigeria’s Inflation Falls to 14.63% for Fourth Straight Month

By Samuel Akpan Nigeria’s inflation rate eased to 14.63% in September 2026...

Nigeria Opens 65 Projects to Investors, Sets Sights on 7% Economic Growth

By Oluwatosin Deba The Federal Government has unveiled 65 investment opportunities across...

AI Boom, Debt Surge Threaten Global Markets — Nigeria, Africa Face Potential Fallout

By Maryann Awuya The International Monetary Fund (IMF) has warned that a...