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| Udechukwu Osakwe. |
Udechukwu Obi Osakwe has been appointed a non-executive director of the leading hospitality brand Transcorp Hotels Plc, effective February 17, 2023, subject to the approval of shareholders.
Osakwe’s appointment comes following the retirement of Mr. Alexander
Adeyemi from the Board after serving for close to 4 years.
Osakwe brings to the Board his extensive experience in Finance and Management
Consulting, having held critical roles across the public and development
sectors. He is an experienced Chartered Accountant, Finance Director, and
strong finance professional with a demonstrated history in the Management
Consulting Industry. He has worked with Donor Organizations such as the World
Bank (IDA), AfDB, Global Fund and the GAVI.
With more than 30 years of private and public sector professional
experience covering management consultancy and oversight of financial
management operations, with the Federal Ministry of Finance, the Federal
Ministry of Health Nigeria, and the Office of the Accountant-General of the
Federation (Treasury House) Abuja, Osakwe is a great addition to the Board of
Transcorp Hotels Plc.
Osakwe holds a B.Sc in Accountancy from Anambra State University of
Technology (ASUTECH), Enugu, and an MBA in Finance from the University of
Nigeria (Enugu).
The Board of Transcorp Hotels expressed optimism that Mr. Osakwe’s
invaluable experience and commitment to corporate governance would be of great
benefit in driving sustainable business growth for the company.
The Board also expressed its appreciation to Alexander Adeyemi for his
excellent contributions and commitment to the growth of the Company and wished
him success in his future endeavours.
Transcorp Hotels Plc is listed on the Nigeria Exchange Group (NGX). The
leading hospitality brand is the owner of the award-winning properties,
Transcorp Hilton Abuja and Transcorp Hotels Calabar. Transcorp Hotels also owns
Aura by Transcorp Hotels, an online platform for booking homes, hotels and
experiences.
About Transcorp Hotels
Transcorp Hotels Plc is one of Africa’s leading hospitality brands, committed to redefining hospitality in Africa through innovation and exceptional service. The company is the hospitality subsidiary of Transnational Corporation, one of Nigeria's largest conglomerates. Its brands include Transcorp Hilton Abuja, Transcorp Hotels Calabar, and Aura by Transcorp Hotels.
Visit www.transcorphotels.com for more information.
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