By John Joseph
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Transcorp Hotels Plc, a leading hospitality brand in Nigeria, has announced the appointment of Mrs. Uzo Oshogwe as its new Managing Director and Chief Executive Officer (MD/CEO), effective January 1, 2025. This strategic move is poised to drive the company’s growth and expansion in the hospitality industry.
Mrs. Oshogwe, who currently serves as the MD/CEO of Afriland Properties Ltd, brings a wealth of experience in driving organizational growth and excellence. Her tenure at Afriland Properties Ltd saw her spearheading key initiatives that bolstered the company’s performance and market position.
Mrs. Oshogwe’s appointment comes at a time when Transcorp Hotels Plc is positioning itself for greater growth in the hospitality industry. The company, a subsidiary of Transnational Corporation Plc (Transcorp Group), is renowned for its flagship property, Transcorp Hilton Abuja, and its commitment to delivering world-class experiences.
Commenting on the appointment, Mr. Emmanuel N. Nnorom, Chairman of the Board of Directors, expressed confidence in Mrs. Oshogwe’s ability to steer the company to new heights. “Uzo Oshogwe’s exceptional leadership skills and extensive experience in driving organizational growth make her the right person to continue building on Dupe Olusola’s remarkable achievements at Transcorp Hotels Plc.”
Under her leadership, the company is expected to consolidate its position as a leading player in Nigeria’s hospitality sector. Transcorp Hotels Plc enjoyed a strong performance in 2024, with its Profit Before Tax (PBT) surging by 34% to N2.41 billion, up from N1.80 billion in 2022. Additionally, the company’s share price rose by 51%, making it one of the best-performing stocks of 2023.
This growth was a testament to the company’s commitment to innovation and operational excellence, a standard that Mrs. Oshogwe is expected to uphold and enhance. Investors and stakeholders are optimistic about the next phase of Transcorp Hotels Plc under Mrs. Oshogwe’s leadership.
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