Transcorp appoints Famuyibo, Sambo directors, names Ikenga as Transcorp Energy MD

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Uba Group

… Ozoude is MD/CEO, Tran-Afam Power
BY BANYO TEMITAYO

THE Board of Transnational Corporation of Nigeria Plc, owners of Transcorp Hilton, Abuja, has announced the appointments of Victor Famuyibo and 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 Managing Director/CEO of Trans-Afam Power Limited; and Peter Ikenga, as Managing Director/CEO of Transcorp Energy Limited.

A statement from the company said Famuyibo was 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.

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.

The statement said, “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).

“Prior to 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 Limited. 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.

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 Limited.

Ozoude has over 20 years’ work experience in the Power Generation services sector, was at some time a member of GE Field Engineers advisory board for Africa and Middle East region, a greenbelt lean six sigma qualified and won numerous awards such as Everyday Excellence Expertise Award from GE Global leadership, Clear Thinker Award amongst others.

Peter Ikenga is the MD/CEO, Transcorp Energy. He is 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. Prior to joining the group, Peter was Refining Director for an Indigenous Oil and Gas operator in Nigeria,” the statement said.

Commenting on the appointments, Chairman, Transcorp Group, Tony Elumelu, was quoted as saying, “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.

“Our Board and management team, led by the President/Group CEO, Mrs. Owen Omogiafo, are further capacitised to deliver our vision. Mr. Famuyibo, with his considerable experience in human resources, will be invaluable in working with management to deliver cutting edge employee management practices. Mallam Sambo brings crucial knowledge of the energy sector, further accelerating our integrated energy strategy.”

Elumelu added, “Peter and Vincent, working with our existing CEOs, Mr. Chris Ezeafulukwe, MD/CEO Transcorp Power Ughelli and Mrs. Dupe Olusola, MD/CEO Transcorp Hotels Plc, will contribute to the Group’s mission of “Improving Lives and Transforming Nigeria”. With the acceleration in our integrated energy strategy and the expansion of our hospitality business, notably the recently launched digital hospitality platform, Aura by Transcorp, we are closer to our goal of powering one in every four homes in Nigeria and redefining the standards of hospitality in Africa.

“This investment in human capital demonstrates, once again, our commitment to bringing together the best, to ensure the execution and value creation that our stakeholders expect.”