Meet our Board of Directors and Management Team

Our board consists of highly accomplished and experienced professionals, providing a diversity of expertise, and understanding within the various sectors we operate.

BOARD OF
DIRECTORS

Tony O Elumelu, CFR

Chairman

Dr. Foluke Abdulrazaq, OON

Independent Non-Executive Director

Dr. Owen Omogiafo, OON

President

Chiugo Ndubuisi

Non-Executive Director

Stanley Lawson

Non-Executive Director

Dr. Toyin F Sanni

Non-Executive Director

Victor Famuyibo

Independent Non-Executive Director

Ahmadu Sambo

Independent Non-Executive Director

Oliver Andrews

Independent Non-Executive Director

SUBSIDIARY
MD/CEOs

Peter Ikenga

MD/CEO Transcorp Power Plc

Uzo Oshogwe

MD/CEO Transcorp Hotels Plc

Vincent Ozoude

MD/CEO Transafam Power Ltd

Christopher Ezeafulukwe

MD/CEO Transcorp Energy Ltd

MANAGEMENT
TEAM

Dr. Owen Omogiafo, OON

President

Festus Izevbizua

Group Chief Finance Officer

Stanley Chikwendu

Head, Legal & Regulatory Management

Atinuke Kolade

Group Company Secretary

Chinweugo Nwafor

Head, Internal Audit

Oluwaseun Oridota

Chief Information & Technology Officer

Adeshola Shittu

Head, Marketing and Corporate Communication

Atinuke Kolade

Group Company Secretary

Atinuke Kolade is a seasoned legal professional with over 18 years of experience as a solicitor and barrister of the Supreme Court of Nigeria, spanning multiple key industries, including power, oil and gas, financial services, and healthcare, showcasing her expertise in corporate governance, regulatory compliance, and medico-legal advisory. She has a proven track record of driving organizational growth and optimizing governance frameworks across complex corporate structures.

In her former capacity as Group Head, Retention and Growth at Avon HMO, she led strategic initiatives that yielded significant growth for the organisation as she was pivotal in driving portfolio management and revenue growth. She was also instrumental during her tenure as the Subsidiary Governance Officer at Heirs Holdings which was marked by transformative achievements.

She is an alumnus of the University of Ibadan and the Lagos Business School, Atinuke is an active member of the Nigerian Bar Association and holds various certifications in governance and compliance.

Festus Izevbizua

Chief Finance Officer

Festus Izevbizua has over three decades of professional and practical experience spanning insurance, banking, energy, financial services, auditing, consulting, business advisory, risk management, tax advisory, and international finance. He is a strategic finance professional delivering on business formation and combination, capital optimization, financial control, reporting, etc.

He has led finance teams in both national and multinational organizations such as Total Nigeria, UBA, Standard Chartered Bank, MBC International Bank (now merged with First Bank), and Diamond Bank, etc. He retired as the Executive Director of Finance and Administration of FBN Insurance Limited.

He is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), the Institute of Credit Administration of Nigeria (FICA), a Senior Member of the Chartered Insurance Institute of Nigeria (CIIN), and an Associate Member of the Nigeria Institute of Management (NIM). He serves as a training resource at the examinations of the Institute of Chartered Accountants of Nigeria and as a leading resource in the implementation of IFRS 17 in the Nigerian Insurance industry.

He holds a bachelor’s degree in economics from the University of Benin, a master’s degree in finance from the University of Calabar, and is an alumnus of Columbia Business School, New York.

Olamide Malik

Group Head, Human Resources

Olamide Malik is a Human Resources expert. She brings a wealth of expertise to Transcorp, possessing an extensive professional experience in Human Resources Management. She holds a Bachelor of Science degree in Psychology from the University of Ibadan and furthered her education with a Master of Science in Human Resources Management from the University of Manchester, UK. She is a member of both the Chartered Institute of Personnel Development (CIPD) and the Chartered Institute of Personnel Management (CIPM).

Before joining Transcorp Group, Olamide served as the HR Sector Head for Payments and technology, Group Head – Talent Acquisition for Heirs Holdings Group, and as the HR Lead for Business Partnering at UBA Plc. During her time at UBA, Olamide played an integral role in driving strategic recruitment initiatives, particularly within the Retail Banking division, focusing on the flagship Direct Sales program. Her tenure at UBA also saw her providing Strategic HR guidance to various units, including Product Management Units, Treasury & International Banking, Group Marketing, Corporate Communications, Customer Experience, and Embassies, Multilateral and Bilateral Donor Organizations (EMDO).

Additionally, her career includes a significant stint in the UK, where she gained valuable experience in Recruitment and Resourcing Coordination with Freshfields Bruckhaus Deringer and Ernst & Young.

Mayowa Awe

Group Financial Controller

Transcorp Power LTD and Transcorp Energy LTD

Oluwamayowa Awe has a distinguished career that spans over 19 years, with a diverse range of experiences in both practice and industry. His professional journey includes a tenure at Ernst & Young, where he ascended to the position of Associate Director. During this time, he cultivated a profound understanding of various sectors of the economy, gaining invaluable insights into their intricate workings and challenges.

Mr. Awe possesses extensive practical expertise in statutory audit, complemented by an in-depth comprehension of financial reporting requirements under both US Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS), including hands-on experience in IFRS conversion. His professional portfolio encompasses a rich history of auditing, accounting support, and advisory services across a multitude of sectors.

A testament to his adaptability and global perspective, Mr. Awe undertook a 3-month secondment to Ernst & Young’s Dublin office in Ireland, followed by approximately 2 years at the Ernst & Young Minneapolis Office in Minnesota, United States. During these assignments, he collaborated seamlessly with individuals of diverse backgrounds and cultures, further enhancing his cross-cultural proficiency.

Mr. Awe’s academic credentials reflect his commitment to excellence, featuring a Higher National Diploma in Accounting with Distinction from Federal Polytechnic Ede, as well as a Master in Business Administration (Financial Management) from Ladoke Akintola University of Technology, Ogbomoso. He is also distinguished as a Fellow of the Institute of Chartered Accountants of Nigeria.

Before assuming his current role at Transcorp, Oluwamayowa Awe held the position of Financial Controller at Nestoil Limited, reporting directly to the Group Chief Financial Officer (GCFO). Prior to that, he served as Financial Controller at Oilserv Limited, where his reporting structure included the GCFO and a dotted line to the Managing Director/Group Chief Operating Officer (MD/GCOO).

Peter Ikenga

MD/CEO

Transcorp Power LTD and Transcorp Energy LTD

Mr. Peter Ikenga currently serves as the Managing Director and Chief Executive Officer of Transcorp Power Limited. He is resolutely committed to advancing the transformation of the Ughelli Power Plant, with the ultimate goal of establishing it as the leading power generation company in Nigeria and the broader West African region.

Peter is a value-driven and result-oriented oil and gas professional with a wealth of global experience, having directly developed or managed major oil, gas and power assets and operations in multiple regions including Nigeria, Brazil and United States of America. Prior to joining Transcorp, he was Refining Director for Niger Delta Exploration and Production Limited.

Peter’s oil and gas industry experience spans upstream, midstream and downstream. He previously held senior technical, business and commercial leadership positions in new business/asset development, project management, engineering management and operations support. His roles include developing multi-billion-dollar projects, managing non-operated asset portfolio, overseeing strategic acquisition opportunities, negotiating contracts and strategic partnerships, optimising production operations and leading the full execution, construction and commissioning of major projects.

Peter earned a Bachelor of Engineering degree in Electrical and Electronics Engineering from Federal University of Technology Owerri, Nigeria and a Master of Business Administration degree from The University of Texas at Austin, United States of America.

Vincent Ozuode

MD/CEO

Transafam Power Limited

Vincent Ozoude is the MD/CEO Transafam Power Limited. He was appointed on February 1st 2021 to lead the newly acquired 966MW Power plant asset located in Afam, Oyigbo Rivers State. He will lead the team to bring in the transformation of the Transafam Power asset into a notable leading power generation company in Nigeria and West Africa.

Prior to this role, Vincent was the Services Sales Director covering entire Sub-Saharan Africa for General Electric Power Generation Services portfolio, a role he managed for two years. Vincent comes with 15 years work experience in General Electric International Operations with vast experience in the various business segments such services, operations, sales and commercial segments of the business.

Vincent started his GE career as a Field Engineer to Project Manager and at some point, a member of the Field Engineering advisory board for Africa, India & Middle East while in the services arm of the business. He later moved on to operations arm to become the Sub Sahara Africa Repair Service Manager and later moved to the Sales – Commercial arm where he rose to become the Sub-Saharan Africa Sales Director covering nearly 300 Gas Turbine installed base fleet across numerous GE customers in the region.

Vincent led numerous successful complex projects while in the GE service arm such as the first Gas Turbine modular change out (Flange to Flange replacement) on a Frame 7EA Train 1 production plant at Nigeria Liquified Natural Gas complex in Bonny Island.

He won numerous awards such as Everday Excellence Expertise Award from GE Global leadership, Clear Thinker Award and Imagination and Courage Award for always executing with integrity by the Power Services Africa, India & Middle East (AIM Region) leadership.
With over 20 years’ work experience, Vincent holds a degree in Chemical Engineering from Enugu State University and currently completing a M.Eng in Chemical Engineering from the same Institution. He is a member of Nigeria Society of Engineer (NSE), Council for the Regulations of Engineering in Nigeria (COREN) and is Green belt (lean six sigma) certified.

Uzo Oshogwe

MD/CEO

Transcorp Hotels Plc

Mrs. Uzo Oshogwe is the Managing Director/CEO of Transcorp Hotels Plc. where she oversees the Company’s strategic objectives through its subsidiaries; Transcorp Hilton Abuja, and its digital hospitality platform, Aura by Transcorp Hotels.

Prior to joining Transcorp Hotels Plc, Uzo was the MD/CEO of Afriland Properties Ltd. She brings more than 30 years of professional experience, having held leadership positions at the United Bank for Africa Plc and Accenture UK.

Uzo holds a B.Sc. Degree in Chemistry from Ambrose Alli University, Edo State, an MSc in Information Systems Design from the University of Westminster, London and a professional certificate in Real Estate Management from Harvard Business School, USA. She is an RICS accredited Civil and Commercial Mediator and a Fellow of the Institute of Management Consultants. She is an Alumni of the Lagos Business School and IESE, Spain having attended the Advanced Management Programme (AMP) and Chief Executive Programme of the institutions.

Christopher Ezeafulukwe

MD/CEO

Transcorp Energy Ltd

Christopher Ezeafulukwe is the Managing Director/Chief Executive Officer of Transcorp Energy Limited. Prior to his appointment, he served as the MD/CEO of Abuja Electricity Distribution Company, MD/CEO of Transcorp Power Plc, and as an Executive Director of Transnational Corporation Plc, where he was responsible for Business Development and Legal. He was also a Non-Executive Director at Transcorp Power Plc.

With over 19 years of experience, he is responsible for leading the development and implementation of strategic initiatives for Transcorp Energy Limited. His responsibilities include overseeing the company’s operations, driving growth in the energy sector, and ensuring the alignment of business objectives with regulatory requirements.

He is an alumnus of Lagos Business School, Lagos, and IESE Business School, Barcelona. He holds an LL.B degree from the University of Lagos, a B.L from the Nigerian Law School, an LL.M from the University of Lagos, and a second LL.M in Energy, Environmental & Natural Resources Law from the University of Houston, Texas. He is a member of the Nigerian Bar Association (NBA), the Institute of Chartered Secretaries & Administrators of Nigeria (ICSAN), Association of International Petroleum.

Adeshola Shittu

Head, Marketing and Corporate Communication

Adeshola is the Group Head of Marketing and Corporate Communication for Transnational Corporation of Nigeria. She is an accomplished Marketing & Communications professional with over 12 years of hands-on experience in the Financial Services Industry. She has a strong background in strategic marketing, digital marketing, and corporate communications. She has also worked as a Project Manager in multi-location and cross-functional contexts.

Prior to to this role, Adeshola worked as the Head of Digital & Insights for Coronation. She also worked as the Head Digital Media in United Bank for Africa (UBA) where she worked on different marketing strategies and digital initiatives to transform the bank’s perception and grow its customer base. Adeshola was also a member of the Marketing team at Interswitch – Verve International, where she was very instrumental in driving direct marketing and customer engagement. She has worked with other financial institution namely Keystone Bank and PR agency, Cushion the Impact, UK

Adeshola holds a Bachelor of Science in Marketing from Babcock University, a Post Graduate Diploma in Marketing from the Nigerian Institute of Marketing and an MA in Marketing Communications from the University of Westminster. She is also a Google AdWords Certified Professional.

Oluwaseun Oridota

Chief Information & Technology Officer

Oluwaseun Oridota is an experienced IT, Telecoms and Digital Banking/Mobile Money services Manager with over fifteen years hands-on experience in Information Technology, Telecommunications and Mobile Financial industry. His area of expertise includes GSM Network Charging System, Integration design, Value Added Services and Mobile financial systems. He has extensive experience in Account/Operations management, Service delivery and Managed services. He is also a professionally trained and certified Project Manager with experience in managing projects in multi-location and cross functional environment.

Oluwaseun holds a first degree in Metallurgical and Materials Engineering from OAU, Ile-Ife, and a master’s in systems engineering from Unilag. He is also a Cisco Certified Network Administrator (CCNA), a Microsoft Certified Professional (MCP), and a Member, Project Management Professional from the Project Management Institute (PMI).

Prior to joining Transcorp, he was Head West Africa Operations/ Executive Director for Comviva Technologies Nigeria.

Ilobekemen Idiake

Head, Strategy & Business Transformation

Ilobekemen Idiake serves as Head, Strategy & Business Transformation of Transnational Corporation Plc responsible for driving the Group’s strategy, new business development and business transformation. She has over 12 years’ experience providing consulting and investment advisory services to clients across various sectors of the economy. She holds a B.Sc degree in Accounting (Second Class Upper Division) from Babcock University and an M.Sc. Financial Economics from the University of Leicester, United Kingdom.

She is also a qualified Chartered Accountant of the Institute of Chartered Accountants of Nigeria. Prior to joining Transcorp, she was a Manager in the Strategy & Transactions unit at Ernst & Young, leading engagement teams that provide advisory services to a myriad of clients including private equity funds, principal investment firms, strategic and public entities. She has also worked in several investment banking/advisory firms including Chapel Hill Advisory Partners Limited, United Capital Plc and FBN Capital Limited.

Chinweugo Nwafor 

Group Head, Internal Audit

Chinweugo Nwafor is a trained Governance, Risk and Compliance (GRC) Consultant and a seasoned audit professional with over 14 years of extensive work experience and proven knowledge in matters relating to internal audit, risk management, compliance, accounting advisory, and corporate governance gained in the banking, financial consulting, asset management, insurance, hospitality and energy sub-sectors of the economy.

She holds a B.Sc. degree in Accounting (Second Class Upper Division) from the University of Nigeria, Nsukka. She is an Associate of the Institute of Chartered Accountants of Nigeria (ICAN) and is also a member of the Institute of Internal Auditors (IIA). Chinweugo began her career in Ecobank and later joined KPMG Professional Services where she worked extensively in the Internal Audit Risk & Compliance Services Unit and rose to the position of Assistant Manager providing financial advisory, accounting, risk management, process and control reviews, corporate governance, contract compliance, internal audit, and quality assurance services to clients in varied industrial sectors.

Prior to her appointment at Transcorp, Chinweugo served as the Lead Auditor of ARM Investment Managers Plc and subsequently as Head, Internal Audit and Control for ARM Life Plc where she was responsible for overseeing the activities of the respective asset management and life insurance businesses while driving overall compliance with standard operating and regulatory procedures.

Gabriel Nkanga

Director of Resources

Gabriel Nkanga is a seasoned human resources Professional with over 20 years of experience. His background includes work in the oil and gas and telecommunications industries. He has exhibited success in driving Change Management, Employee Engagement, designing and implementing learning and development frameworks, Talent Management, Resourcing, and Performance Management over the years.

He holds a first degree in Communication Arts from the University of Uyo as well as an MBA from the Enugu State Business School and is a member of the Chartered Institute of Personnel Management (CIPM).

Before joining Transcorp, Gabriel worked as an HR Business Partner for Airtel Nigeria Limited, serving the Lagos, West, and South Regions.

Stanley Chikwendu

Group Head, Legal & Regulatory Management

Stanley Chikwendu is a distinguished legal, commercial, regulatory management and corporate governance professional, renowned for his exceptional track record across diverse industries, including power, energy, hospitability and financial services. He has over 12 years of executive management experience, in providing strategic oversight to cross-functional teams and driving organisational success.

Stanley currently serves the Group as the Group Head, Legal & Regulatory Management, He was previously the Group Company Secretary/Legal Counsel. Prior to joining the Transcorp Group, he served as Head, Legal & Company Secretary at Heirs Life Assurance. He had also served as Head, Legal & Company Secretary at Tangerine General Insurance (formally Law Union & Rock Insurance Plc).

Stanley is an alumnus of the University of Leicester, England and Lagos Business School, Lagos, Nigeria. He has undertaken professional courses both locally and internationally on finance, strategy, commercial law and corporate governance. He is a member of the Nigerian Bar Association, International Bar Association, and Association of Corporate Counsel.

Oliver Andrews

Independent Non-Executive Director

Oliver Andrews has over 35 years of experience in infrastructure development, investing, public-private partnerships, and strategic advisory work such as advising and partnering with governments, regional and international corporations, and development finance institutions. During his career, in differing senior roles, he has overseen the investment of approximately US$10bn and originated US$100bn of infrastructure deals across the African continent on behalf of investee institutions.

Mr. Andrews was formerly Executive Director and Chief Investment Officer at the Africa Finance Corporation (“AFC”), one of the biggest investors in infrastructure solutions in Africa, where he oversaw the growth of assets under management from US$1bn to over US$8.4bn including significant investments in the energy, and natural resources sector. In addition, Mr. Andrews pioneered the project development asset class at AFC and led the strategic formulation and business development, portfolio management, and execution of investments.

He previously served as CEO of TCI Infrastructure and the Gambia Ports Authority. He is the Founder and Chairman of TOCAM Capital Limited, a transaction advisory firm that specializes in project development and fund-raising advisory services for infrastructure projects across Africa. Mr. Andrews was also previously a director of a company listed on the TSX Venture Exchange and a current chairman of a listed company on the London Stock Exchange.

Mr. Andrews’ board and leadership experience also include roles as pioneer Chairman of Africa Infrastructure Development Association (AFIDA), a former member of the Global Climate Finance Lab, and former Chair of the Africa Centre. He has also been a strategic adviser to several governments as a member of the Africa & Middle East and Commonwealth Infrastructure Technical Advisory Groups.

Mr. Andrews holds an MBA from the University of Wales, is an Electrical and Electronic Engineer, a Chartered Marketer, and also a Fellow of the Chartered Institute of Transport and Logistics.

Mallam Ahmadu Sambo

Independent Non-Executive Director

Ahmadu Sambo holds a B.Sc. in Business Management from University of Maiduguri, Borno State, Nigeria, and an MBA in Accounting & Finance from Southern New Hampshire University, Manchester, New Hampshire, USA.

With over 30 years of work experience gained from both the public and private sectors in Nigeria and the USA, respectively, he retired statutorily in September 2018 as Group General Manager in charge of Group Finance for the Nigerian National Petroleum Corporation (NNPC). Prior to this, he was Managing Director of three NNPC Subsidiaries between 2011 and 2016. In recognition of his meritorious service, he received numerous awards, including First Place Ministerial Award for outstanding Staff Performance.

He is the Founder and President, Kessel Capital Advisers Limited, a financial advisory services firm incorporated in 2020 to provide world-class financing solutions to business enterprises in Nigeria. He is also the Co-founder and President, Sambo Okolo & Company, LLC, CPAs, a full-service Certified Public Accounting (CPA) firm, after working for a Boston-based CPA firm for over seven years. The Boston area Accounting Firm has been in business since 1994.

Mallam Sambo is licensed to practice as a Certified Public Accountant by the Commonwealth of Massachusetts Board of Accountancy and the State of New Hampshire Board of Accountancy. He is a member of the Massachusetts Society of Certified Public Accountants and the American Institute of Certified Public Accountants (AICPA).

Victor Famuyibo

Independent Non-Executive Director

Victor Famuyibo holds a B.Sc. in Sociology (1979) from the University of Ibadan. He obtained a Master’s degree in Public Administration (1985) and first degree in Law (LLB), both from the University of Lagos. He was called to the Nigerian Bar in 1996.

Mr Famuyibo is currently Managing Partner at Nevitt Consulting. He sits on the Board of AgroMall Discovery & Extension Ltd and U-Connect Human Resources Ltd.

He was for 10 years Executive Director on the Board of Nigerian Breweries with responsibility for Human Resources. Earlier, Victor was on cross-posting at Heineken Corporate HQ Amsterdam where he held the position of Regional HR Director for Africa & the Middle East. He retired from Nigerian Breweries / Heineken in January 2018, following a distinguished career of 32 years in the Company.

Post-retirement, he was appointed by the Honourable Minister of Labour & Employment to serve on the Industrial Arbitration Panel as a Federal Arbitrator. He resigned from this role voluntarily in June 2019.

Mr Famuyibo is Fellow of the Chartered Institute of Personnel Management and had served as National President/Chairman of the Governing Council from 2013 to 2015.

He was a Council member of the United Bank for Africa (UBA) Academy until December 2021; Fellow Institute of Directors (IoD); Chairman Human Capital Development Committee and Exco Member of the Institute of Directors (IoD)

Dr. Toyin Sanni

Non-Executive Director

Dr. Mrs. Toyin F. Sanni is Founder /Executive Chairman at Emerging Africa Group as well as Board Chair at Layer3 Limited. She joined the Board of Transcorp in 2018. She is the Founder and Chairperson of Women In Finance Nigeria and UK Chapter, a platform for advocacy, development, and networking of women in the financial sector and other financial roles in Nigeria.

Mrs. Sanni has over thirty-three years of experience as a prominent Investment Banker, Public Personality & Speaker. She derives satisfaction from grooming future leaders, she leverages networks across markets and has extensive experience working on leading transactions to achieve growth objectives and proffering capital solutions for financing & investing challenges of African governments, businesses & individuals.

Her prior roles include Group Chief Executive Officer, United Capital Plc; CEO, UBA Trustees & UBA Global Investor Services; CEO, Cornerstone Trustees & AGM; First Trustees (now FBNQuest Trustees), President, Association of Investment Advisers (CIIA), President, Investment Advisers and Portfolio Managers (IAPM), and President, Association of Corporate Trustees. Dr. Toyin has a Master’s degree in law, Dr. Toyin holds professional qualifications as a Fellow of the Chartered Institute of Stockbrokers, Fellow Chartered Institute of Secretaries and Administrators, and Member, Chartered Institute of Securities and Investments, United Kingdom.

Dr. Mrs. Toyin has also won numerous awards. In 2017, she was declared the All African BusinessWoman of the year 2017 by CNBC Africa, & Nigeria’s CEO of the Year by Pearl Awards. In 2020 and 2021, she was named one of Africa’s Top Influencers on LinkedIn. She served on numerous boards and committees.

Stanley I. Lawson

Non-Executive Director

Dr Stanley Lawson is a multi-disciplinary Professional with over 40 years post-graduation experience in the Banking & Finance industry as well as the Oil and Gas industry.

B.Sc. Geology, M.Sc. Petroleum Geology, MBA Finance and a PhD in Business Administration. He commenced his career as a Resident Geologist/Drilling Engineer after which he proceeded to the Banking/Finance industry where he spent over 17 years holding several top management positions cutting across Operations, Treasury, Credit and Marketing, Risk Management, and finally exiting the banking industry as the Managing Director/Chief Executive Officer of one of the Nigerian Banks. Thereafter, returned to the Oil and gas industry as the CFO (GED Finance and Accounts) of the Nigerian National Petroleum Corporation (NNPC) overseeing the Funding, budgeting, and cash flow planning of the NNPC in particular and the Oil industry in general. Has expertise in Alternative Funding, Cash Flow Management and accounting for Crude and Products flow. Presently, runs his own consulting firm which provides specialized financial advisory services to companies in the oil and gas industry.

Attended several international leadership and management courses including amongst others the Program for Executives of the Carnegie Mellon University Pittsburgh, the Program for Executives in the Oil and Gas industry of the COX School of Business, Southern Methodist University Dallas; Program for Corporate Leaders of the Harvard Business School Boston, and the High Impact Leadership Executive Program at the Columbia University Graduate School of Business. He Is also, an Alumnus of the Institute for Management Development (IMD)

A member of several boards including: Financial Advisory and Investment Consultants Limited; Elcrest E&P Nig. Ltd; Transcorp Nigeria Ltd; HH Oil and Gas Ltd. He also previously served on the Board of Brass LNG Ltd and until most recently, a member of the board of The Central Bank of Nigeria as well as a member of The Monetary Policy Committee.

Dr Stanley Lawson also serves as the Chairman of Transafam Power Limited.

Chiugo Ndubuisi

Non-Executive Director

Mr Chiugo Ndubisi is currently the Group Executive Director in charge of Investments and Integration at Heirs Holdings Limited. He is also the Sector Head for the Group’s Insurance businesses, as well as for the Group’s Payment and Technology companies.

Mr Ndubisi’s career spans over 25 years in the Banking industry. Prior to joining Heirs Holdings, he functioned as the Executive Director, Treasury & International Banking at United Bank of Africa, UBA, where he was responsible for the Treasury Business across the Group. He was also responsible for the bank’s international subsidiaries – UBA America, UBA UK, UBA France, and UBA Dubai. At UBA, he had previously functioned as Executive Director, Group Chief Operating Officer, and Group Executive, Transformation & Resources.

Before joining UBA, Mr Ndubisi worked in the former Diamond Bank Plc (now merged with Access Bank Plc) and played various roles including Executive Director, Chief Financial Officer, and Group Financial Controller.

In the course of his career, he served as a member of the Board of Trustees, Central Bank of Nigeria (CBN) Banking Industry Resolution Trust fund, as well as member of the Audit Committee of the Nigeria Interbank Settlement Systems (NIBSS).

Mr. Ndubisi holds a first-class honours degree in Engineering from the University of Nigeria, Nsukka, and an MBA degree from the University of Lagos. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), a Fellow of the Chartered Institute of Bankers of Nigeria (CIBN), and a Fellow of the Chartered Institute of Taxation of Nigeria (CITN).

He has attended various local and offshore programmes, including the Advanced Management Programme (AMP) of the Wharton Business School and the Senior Management Programme (SMP) of the Lagos Business school.

Dr. Owen Omogiafo, OON

President/GCEO

Dr. (Mrs.) Owen D. Omogiafo is the President and Group CEO of Transnational Corporation Plc (Transcorp). Transcorp is Nigeria’s largest listed diversified conglomerate with strategic investments in the Hospitality, Oil & Gas, and Power sectors. Transcorp is the owner of the iconic Transcorp Hilton Abuja and, through its power plants in Delta State and Rivers State, accounts for about 18% of Nigeria’s power generation capacity. Prior to becoming the President/Group CEO of Transcorp Plc, Owen was the MD/CEO of Transcorp Hotels Plc, where she drove the completion of the $132m renovation of the Transcorp Hilton Abuja. Owen is the first female and youngest person to hold these positions.

A multi-award-winning professional, Owen has over two decades of experience in Organizational Development, Human Capital Management, Financial Services, Change Management, Hospitality, Energy, Business Transformation, and Strategy. She has held various high-profile roles throughout her career, including being Director of Resources at Heirs Holdings Limited, a Pan-African investment company; HR Advisor to the Group Managing Director at the United Bank for Africa Plc; and as an Organization and Human Performance Consultant at Accenture, specializing in Change Management.

She holds a B.Sc. (Double Honours) in Sociology & Anthropology from the University of Benin, an M.Sc. in Human Resource Management from the London School of Economics & Political Science, and an Honorary Doctorate Degree in Engineering from the Federal University of Petroleum Resources Effurun. She is also an alumnus of the Lagos Business School and IESE Business School in Spain.

Owen is a member of the Chartered Institute for Personnel and Development, UK, a certified Change Manager with the Prosci Institute, USA, a member of the Chartered Institute of Personnel Management, Nigeria, a member of the Institute of Directors (IoD) Nigeria, and a member of the Boards of AfrilandProperties Ltd, Transcorp Power Ltd, TransAfam Power Ltd, Transcorp Hotels Plc and Abuja Electricity Distribution Company. She sits on the Advisory Board of Heirs Academy and is the Vice President of the Lagos Business School Alumni Association.

A multiple-award-winning professional, Owen has been recognized as one of Africa’s top 100 women in leadership and one of the 100 Most Influential African Women, highlighting her significant contributions and impact. She is married with three children.

Dr. Foluke Abdulrazaq, OON

Vice Chairman/Independent Non-Executive Director

Dr. (Mrs) Abdurazaq brings considerable experience in both the public and private sectors. Her public service career includes serving as a Commissioner in the Ministries of Finance and Women Affairs in Lagos State, when during her tenure, the broad policies that led to the State’s Accelerated Revenue Generation Programme (ARGP) were formulated.

She was also the Chairman of the State’s Tenders’ Board, a member of the Federal Accounts Allocation Committee (FAAC), and the State’s Executive Council. Mrs Abdurazaq has held, over a period of thirty years, a series of senior positions in the Nigerian financial services sector, including her appointment by the Central Bank of Nigeria/NDIC in September 1995, as the Executive Chairman of the Interim Management Board of Credite Bank Nigeria Limited.

She also served on the Board of Julius Berger Plc from 1997 to 2000 and the Group Board of United Bank of Africa Plc from 2008 to 2020, when she retired as the Chairperson of the Board Credit Committee. Mrs. Abdulrazaq holds an M.Sc degree in Banking and Finance from the University of Ibadan. She is also an alumnus of the Harvard University, Boston USA and founder of the prestigious Bridge House College in Ikoyi, an independent private sixth form co-educational institution.

Tony O. Elumelu, CFR

Chairman

Tony O. Elumelu is one of Africa’s leading investors and philanthropists.

He is the Founder and Chairman of Heirs Holdings, his family owned investment company committed to improving lives and transforming Africa, through long-term investments in strategic sectors of the African economy, including financial services, hospitality, power, energy, technology and healthcare.

Tony is the Chairman of pan-African financial services group, the United Bank for Africa (UBA), which operates in 20 countries across Africa, the United Kingdom, France, the UAE and  is the only African bank with a commercial deposit taking presence in the United States.  UBA provides corporate, commercial, SME and consumer banking services to more than 25 million customers globally.  He also chairs Nigeria’s largest quoted conglomerate, Transcorp whose subsidiaries include Transcorp Power, one of the leading producers of electricity in Nigeria and Transcorp Hotels Plc, Nigeria’s foremost hospitality brand.

He is the Founder and Chairman of Heirs Oil & Gas, an upstream oil and gas company, whose assets include Nigerian oil block OML17 with a current production capacity of 27,000 barrels of oil equivalent per day and 2P reserves of 1.2 billion barrels of oil equivalent, with an additional 1 billion barrels of oil equivalent resources of further exploration potential. Heirs Oil & Gas is committed to creating resource-based added value on the continent.

Tony is the most prominent champion of entrepreneurship in Africa.  In 2010, he created The Tony Elumelu Foundation (TEF), the pan-African philanthropy empowering a new generation of African entrepreneurs, catalysing economic growth, driving poverty eradication and driving job creation across all 54 African countries.  Since inception, the Foundation has funded over 18,000 beneficiaries and created a digital ecosystem of over one million Africans, as part of a ten-year US$100m commitment, implemented through its flagship Entrepreneurship Programme.

Self-funded, the Foundation is increasingly sharing its unique ability to identify, train, mentor and fund young entrepreneurs across Africa, with institutions such as the United Nations Development Programme, the International Committee of the Red Cross and other global development agencies.  His businesses and Foundation are inspired by Tony’s economic philosophy of Africapitalism, which positions the private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the African continent.

Tony sits on a number of public and social sector boards, including the World Economic Forum Community of Chairmen and the Global Leadership Council of UNICEF’s Generation Unlimited. In 2020, in recognition of his business leadership and economic empowerment of young African entrepreneurs, he was named in the Time100 Most Influential People in the World, and recognised with Belgium’s oldest and highest royal order.

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