Transcorp Announces More Appointments in Leadership




Transnational Corporation of Nigeria Plc (Transcorp) announced today that it has made changes in the leadership of the company. Transcorp’s Board of Directors appointed Obinna Ufudo as President and CEO effective immediately. Chibundu Edozie was also named to Transcorp’s Board of Directors.
Until his new appointment, Mr. Ufudo was the Chief Operating Officer at Heirs Holdings Group where he focused on establishing and running operations across the Group including HH Capital and Tenoil Petroleum & Energy Services. His professional experience in the treasury management, business strategy and investment banking industries spans over 16 years.
In addition to his new position, Mr. Edozie is the Group Deputy Managing Director of BGL Plc. 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 over 18 years’ experience in the capital markets and investment banking industry and is an appointee by the Federal Ministry of Finance to the Committee on the Review of the Investment and Securities Act (ISA).
Also joining the Transcorp Group as Director of Resources is Dupe Kupoluyi Olusola. Her expertise is in private equity, business development and financial advisory services in emerging markets, particularly in West Africa and Europe. Mrs. Olusola has extensive experience in investor relations and is a PMI-certified and Prince 2 Practitioner project manager.
“Transcorp places great emphasis on attracting top talent to lead the company to its next stage of growth and development.” said Tony O. Elumelu, MFR, Chairman of Transcorp. “Our board is convinced that Obinna is the right person to help lead the Group forward.”

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