Victor Famuyibo and Mallam Ahmadu Hamman Sambo have joined the board of Transnational Corporation of Nigeria Plc (Transcorp) effective Thursday, April 22, 2021. The group also formally announced the appointments of Engr. Vincent Ozoude and Peter Ikenga, as Managing Director/Chief Executive of Trans-Afam Power Limited and Transcorp Energy Limited respectively.
A statement by Chike Anikwe, Acting Group Company Secretary of Transcorp Plc, said Famuyibo, a Human Resources and Personnel Management expert, previously worked with multinationals like UAC Nigeria, Heineken International, and Nigerian Breweries Plc, where he retired as Director of Human Resources and board member after 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 and 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.
Meanwhile, Ozoude, a bachelor’s and master’s degree holder in Chemical Engineering from Enugu State University of Science and Technology joins Transcorp Group from General Electric (GE) Inc-Sub Sahara Africa, where he was Sales Director, covering entire Sub-Saharan Africa for General Electric Power Generation Services portfolio.
With over 20-year work experience in the power generation services sector, Ozoude leads Transcorp’s recently acquired 966 megawatts power plant assets- Afam Genco, comprising Afam Power Plc and Afam Three Fast Power Limited. He 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 from GE Global leadership, Clear Thinker Award amongst others.
Ikenga is to lead the conglomerate’s integrated energy strategy, with a particular focus on gas, renewables, and alternative energy, bringing along 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. Before now, Ikegnga was Refining Director for an indigenous oil and gas operator in Nigeria.
Commenting on the appointments, Chairman of Transcorp Group, Tony Elumelu, recalled Transcorp’s “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.”
He expressed delight at complementing “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.”
Famuyibo’s considerable experience in human resources, Elumelu stressed, “will be invaluable in working with management to deliver cutting edge employee management practices.”
Mallam Sambo, he added further, “brings crucial knowledge of the energy sector, further accelerating our integrated energy strategy.”
Continuing, Elumelu said the two new CEOs will collaborate “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”.
