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Transcorp makes new appointments to its board

Transcorp makes new appointments to its board

The Board of Transnational Corporation of Nigeria Plc ( Transcorp), Nigeria’s largest listed conglomerate, 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 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, Vincent Ozoude, as MD/CEO of Trans-afam Power Ltd and 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.

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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.

Mallam Sambo has over 30 years of 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). Before this, he was the Managing Director of NNPC Oilfield Services Limited, NIDAS Marine Limited and NNPC Pension Fund Limited between 2011 and 2016.

In recognition of his meritorious service, he received numerous awards, including the First Place Ministerial Award for outstanding Staff Performance from the Honorable Minister of State for Petroleum Resources.

He is a Member of the Commonwealth of Massachusetts Board of Accountancy and State of New Hampshire Board of Accountancy. He is also a Member of the Massachusetts Society of Certified Public Accountants and National Association of Black Accountants.

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 entire SubSaharan Africa for General Electric Power Generation Services portfolio. A graduate of Chemical Engineering with Masters in the same field from Enugu State University of Science and Technology, Vincent is leading Transcorp’s recently acquired 966MW power plant asset, Afam Genco, which comprises Afam Power Plc and Afam Three Fast Power Ltd.