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Transcorp appoints new management team

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Transnational Corporation of Nigeria Plc (Transcorp), has announced new appointments into its board and executive management. The company in a statement Tuesday said Valentine Ozigbo, has been appointed as its President/CEO with effect from January 1, 2019. He will succeed Adim Jibunoh, who is retiring on December 31.

The statement said Mr Ozigbo, currently the MD/CEO of Transcorp Hotels Plc, owner of the prestigious Transcorp Hilton Abuja, will bring over 20 years’ experience in banking, business development, hospitality and corporate transformation. ‘‘A multiple award winner, Mr Ozigbo holds an M.Sc. Finance from Lancaster University, UK; an MBA in Banking & Finance and a B.Sc. in Accounting from the University of Nigeria. He is a Fellow of the Institute of Chartered Accountants of Nigeria.

‘‘Similarly, Owen Omogiafo has been appointed as the MD/CEO of Transcorp Hotels Plc effective from January 1, 2019. She is currently the Executive Director, Corporate Services at Transnational Corporation of Nigeria Plc,” the statement added.

Also according to the statement, Mrs Omogiafo has over 18 years’ corporate experience in organisational development strategy, human capital management, banking, change and business management. The Board of Transcorp also approved the appointments of Obi Ibekwe and Toyin Sanni as Non-Executive Directors, following the retirement of Kayode Fasola and Abdulqadir Bello.

These appointments are effective October 30, 2018. ‘‘While Ms Sanni was Group Chief Executive Officer at United Capital Plc , a position she retired from in June., Ms Ibekwe holds a Bachelor of Arts degree in International Relations from Tufts University, Medford, Massachusetts, U.S.A., a Bachelor of Law degree from the University of Lagos and an MBA degree from the Ross School of Business, University of Michigan, U.S.A. She has over two decades experience in banking, holding senior executive and senior management positions spanning credit and marketing, credit risk management, human resources and customer service,” the statement read in part.

The company also announced the appointment of Emmanuel Nnorom as the Chairman of its Board, following the retirement of Mr Bello. Speaking on these appointments, the Chairman of Transcorp, Tony Elumelu, reportedly expressed his confidence that the newly appointed chief executives and non-executive directors will further strengthen Transcorp’s core purpose of improving lives across Nigeria.

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BUSINESS

RevolutionPlus signs actress, Omoni Oboli as brand ambassador

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Leader in property development and housing, RevolutionPlus Property Ltd has struck a dual partnership with star actress Omoni Oboli as the company unveiled the leading role interpreter in the movie industry as its latest brand ambassador.

According to Bamidele Onalaja, Chief Executive Officer of RevolutionPlus, the deal will see Omoni Oboli headline mostly the construction arm of RevolutionPlus while the company will in turn partner with the actress on two of her upcoming projects; Sisi London and Unfaithful.

Onalaja had earlier hinted that the RevolutionPlus settled for Oboli out of the many that were screened for the role because of her track record in the industry and being a scandal-free thespian who will be an asset to the RevolutionPlus brand.

According to him, “her wealth of experience and character will boost RevolutionPlus’ profile of integrity and excellence.”

While justifying the company’s choice of Omoni Oboli as the new face of the property giant, Tolu Onalaja, Executive Director, RevolutionPlus maintained that the company settled for Oboli since “we share similar values of excellence and trust” saying it’s a relationship that will be to the benefit of our customers.

Moments after she signed the contract and was unveiled as a brand ambassador of the leading property merchandising company in Nigeria, Omoni Oboli said: “I am attracted to RevolutionPlus because the company radiates trust and excellence being rare qualities we have in common.”

She noted that Nigerians in the diaspora need the services of integrity proved property companies like RevolutionPlus because “Nigerians in the diaspora have been duped in the past by family, friends and mushroom property companies, who they send money to for the purpose of acquiring and developing properties and ended up with nothing.

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Access Bank appoints Awosika as new board chairman

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Dr Ajoritsedere Awosika was on Tuesday announced as the new Chairman of Access Bank Plc by the Board of Directors of the bank.

The bank’s Company Secretary, Mr Sunday Ekwochi, said in a statement on Tuesday in Lagos that Awosika would assume the position of the company’s Board Chairman on Jan. 8, 2020.

Ekwochi said that Awosika’s appointment was apt to lead the board in the next phase of the bank’s transformation into becoming Africa’s Gateway to the World.

According to the statement, Awosika will take over from Mrs Mosun Belo-Olusoga as chairman following the later’s retirement as her 12-year term will elapse in January 2020.

The retirement of Belo-Olusoga, who became the Board Chairman in 2015, was in line with the Central Bank of Nigeria’s Code of Corporate Governance for bankers and Discount Houses.

Awosika joined the board in April 2013 as an Independent Non-Executive Director and has been the Chairman and Vice-Chairman of the Board Credit and Finance Committee and the Board Audit Committee, respectively in addition to membership of other Board Committees.

She is an accomplished administrator with over three decades experience in public sector governance. She was at various times, the Permanent Secretary in the Federal Ministries of Internal Affairs, Science & Technology and Power.

Awosika is a fellow of the Pharmaceutical Society of Nigeria and the West African Postgraduate College of Pharmacy.

She holds a Doctorate degree in Pharmaceutical Technology from the University of Bradford, United Kingdom.

She is currently the Chairman of Chams Plc and Josephine Consulting Limited and a Non-Executive Director of Capital Express Assurance Ltd.

According to the statement, the board expresses its appreciation to Belo-Olusoga for her contributions to the bank’s transformational growth and wishes Dr (Mrs) Awosika success in her new appointment.

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Unity Bank partners Avant-Garde for the 2019 sustainability table discourse series

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As part of its commitment to promote the drive for sustainable development initiatives in Nigeria, Unity Bank hosted the Sustainability Discourse Series in collaboration with Avant-Garde Innovation & Technology Services (AGITS) which took place at Oriental Hotel, Victoria Island Lagos on Wednesday, 13 th November, 2019.

The Sustainability Table Discourse Series is a platform that offers an avenue of opportunities to learn and share ideas/initiatives on strategies for achieving the sustainability development goals.

Unity Bank has been very active in promoting sustainable practices in Agriculture and the sponsorship of the summit was an opportunity to strongly reinforce the Bank’s sustainable development initiatives.

The event provided a platform for the convergence of policy makers, entrepreneurs, sustainable development experts, leading corporate organisations and various subject matter experts to discuss and solve pressing world challenges facing selected industries as it relates to the environment, climate change, sustainability and the quest for a green economy.

Unity Bank executive director, Risk Management & Compliance, Usman Abdulqadir gave a keynote address on factors affecting climate change and sustainable development and the effectiveness of Unity Bank's response in various spheres such as food security, climate action, gender equality and sustainable job creation.

There were various panelists’ discussions in line with the sustainability discourse in addition to the Speech on Green economy and expectations in the Nigerian scenario by Dr Lawrence Chidi Anukam, Director General – National Environmental Standards and Regulations Agency.

Other Unity bank representatives at the Summit were TA, MD/CEO/Ag. Head, Corporate Planning & Strategy, Ibukun Coker and Head, Tax Management & Compliance Temitope Arasi.

As a title sponsor, the Bank had strong brand presence.

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