The Board of Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest listed conglomerate a leading investor in the Nigerian energy sector, through the ownership of Transcorp Power Ltd, Trans-Afam Power Ltd, Transcorp Energy and owners of the iconic Transcorp Hilton Abuja, has announced the appointments of Mr Victor Famuyibo and Mallam Ahmadu Hamman Sambo to its Board of Directors, effective Thursday, April 22, 2021.
The group also formally announced the appointments of two new members of its executive management team, Engr. Vincent Ozoude, as MD/CEO of Trans-Afam Power Ltd and Mr Peter Ikenga, as MD/CEO of Transcorp Energy Ltd.
Famuyibo is joining the Board with deep experience and knowledge in Human Resources and Personnel Management. He worked with multinational companies such as UAC Nigeria, Heineken International and Nigerian Breweries Plc, where he led numerous teams to drive strong employee engagement.
Mallam Sambo has over 30 years’ work experience in the Private and Public Sectors in Nigeria and the United States of America. He retired as Group General Manager in charge of Group Finance for the Nigerian National Petroleum Corporation (NNPC).
Vincent Ozoude is the MD/CEO of Trans-Afam Power Ltd. He joined Transcorp Group from General Electric (GE) Inc-Sub Sahara Africa, where he was Sales Director, covering the entire Sub-Saharan Africa for General Electric Power Generation Services portfolio.
Peter Ikenga is the MD/CEO Transcorp Energy to lead the Conglomerate’s integrated energy strategy, with particular focus on Gas, Renewables and Alternative Energy. He brings with him, a wealth of global professional experience, having 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 O. Elumelu, stated, “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.”