Transcorp Group: Company Profile, culture, and general overview

Transcorp Group: Company Profile, culture, and general overview

Transcorp ( Transnational Corporation Plc), founded in 2004 is a top-tier business that is strongly invested in the hospitality, power, oil, and gas sectors for the sole purpose of improving lives and transforming Africa at large. 

Subsidiaries of Transcorp Group

Transcorp Group owns:

Board of Directors at Transcorp 

  • Tony Elemelu - Chairman

  • Foluke Abdulrazaq - Independent Non-Executive Director

  • Owen Omogiafo - President

  • Emmanuel N. Nnorom - Non-Executive Director

  • Stanley Lawson - Non-Executive Director

  • Toyin F. Sanni - Non-Executive Director

  • Victor Famuyibo - Independent Non-Executive Director

  • Ahmadi Sambo - Independent Non-Executive Director

  • Oliver Andrews - Independent Non-Executive Director

Subsidiary MD/CEOs

  • Dupe Olusola - MD/CEO Transcorp Hotels Plc

  • Vincent Ozoude - MD/CEO TransAfam Power Limited

  • Christopher Ezeafulukwe - MD/CEO Transcorp Power Limited

  • Peter Ikenga - MD/CEO Transcorp Energy Limited.

Management Team

  • Joseph Adegunwa - Group Chief Finance Officer

  • Gabriel Nkanga - Director of Resources

  • Funmi Olofintuyi - Ag. Group Company Secretary

  • Chinweugo Uwafor - Head, Internal Audit

  • Ilobekemen Idiake - Head, Strategy & Business Transformation

  • Oluwaseun Oridota - Chief Information and Technology Officer

  • Adeshola Shittu - Head, Marketing and Corporate Communication

Company culture

Transcorp is fiercely committed to excellence and determination to get work done most rightfully. Also, the company is dedicated to ensuring that tasks are completed in a prompt, productive, and proficient manner without delay or hesitation. Transcorp believes in "Change" which is why it is on a mission to build wealth and create endless opportunities for several Nigerians.  The company is creating a long-term sustainable value, making everyone its priority. 

Transcorp understands diversity and inclusion and it says that it is a unique winning factor for the organization. Also, the corporation believes that the most important driver of its success is people, therefore, it accommodates the different opinions of team members, suppliers, and customers.  

Achievements

  • Transcorp Hilton: International Prize for ‘Team Member Satisfaction’ (Europe and Africa Region) - 2005

  • Thisday Newspaper Award of Excellence in the "Hotel of the Year'' Category - 2006

  • Transcorp Hilton: Team Member Satisfaction Prize -  2006

  • Transcorp Hilton: International Prize for ‘General Manager of the Year for Middle East & Africa Region - 2007

  • Hilton Worldwide Hotel of the Year for Middle East & Africa (MEA) - 2010

  • Sales Team of the Year MEA -  2013

  • Best Team on Sales Blitz for the Middle East & Africa Q2 - 2013

  • World Travel Award winner in 2 categories; Nigeria's Leading Hotel and Nigeria's Leading MICE Hotel -  2014 World Travel Awards

  • Kaizen Institute 2015 Best Case Study in Africa - 2016

  • Winner of Travel with Purpose Action Grant for MEA - 2016

  • Safety and Security Award, Dec 2017 for Transcorp Hotels Calabar 2017 Cross River Safety Commission - 2018

  • Africa’s Largest Premium Luxury Hotel Brand 2018 African Brand Congress - 2018

  • Outstanding operational and stock market - 2021

  • Best world-class energy/power brand - 2021

  • Aura by Transcorp Hotels launched - 202

  • Aura by Transcorp Hotels won the tourism innovation award - 2022

  • Sectoral Leadership Award - 2022

Sustainability Initiatives

  • Entrepreneurship (Tony Elumelu Foundation)

  • Financial Inclusion

  • Information and Communications Technology & Innovation

  • Community Development

  • Environment

  • Education and Literacy

  • Infrastructure Development

  • Healthcare

Finances

Transcorp's gross earnings in Q1 2023 amounted to N32.4 billion, which represents an increase from N31 billion. This was accomplished even when the group encountered economic and gas difficulties that impacted the power business capacity to generate electricity.

Connect with Transcorp

Ikoyi, Lagos, Nigeria

 


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