Transcorp Hotels Plc has announced the appointment of a new independent non-executive director on the board of the hotel.
In a public disclosure posted on the website of Nigeria Exchange Limited, the hotel stated that “we write to formally notify the investing public and the Nigerian Exchange Limited that pursuant to the provisions of the Companies and Allied Matters Act and the Articles of Association of Transcorp Hotels Plc (“the Company”), the Board of Directors of the Company on December 17, 2021, approved the appointment of Ms. Bolanle Onagoruwa as an Independent Non-Executive Director on the Board of the Company effective December 17, 2021.”
Ms. Onagoruwa has over 30 years of private and public sector professional experience covering commercial legal practice, with Bentley Edu and Co; Legal Counsel, Nigerian Industrial Development Bank, and Company Secretary/Legal Adviser Abuja Branch Head of Midas Merchant Bank, before she joined the Bureau of Public Enterprise (BPE). Post-retirement, she served as Acting CEO of Ibadan Electricity Distribution Company before joining ENL Consortium Limited.
Ms. Onagoruwa contributed immensely to the public sector reform and privatisation in Nigeria during her 12-year service with the BPE, in various directorate capacities (Director, Oil & Gas, Director, Industry and Manufacturing, Director, Electric Power, Director, National Parks and National Facilities) and her 4-year service as Secretary Social Development and Secretary Education in the Federal Capital Territory Administration before retiring as the Director-General of BPE in 2012. The power sector reform and privatisation program recorded significant progress during her two-year tenure as Director-General of BPE.
Ms. Bolanle Onagoruwa is a lawyer by profession, holds an LLB from the University of Lagos, a Post Graduate Diploma in Politics and International Relations from the University of Kent at Canterbury, and an alumna of the Harvard Business School (General Manager Program). She was an Independent Director of NOVA Merchant Bank from 2017 to 2021.
Transcorp Hotels Plc is one of Africa’s leading hospitality companies, committed to redefining service standards across the continent while remaining truly and authentically African. The hotel with presence in both Abuja and Calabar jas over years become a pleasant destination for both Nigerians and foreigners. It has also been the location of series of well-received Nollywood movies.
Polaris Bank Boss, Bolarinwa Emerges as President of ACAMB
The Head of Corporate Communications, Polaris Bank, Rasheed Bolarinwa was on Wednesday, elected as the president of the Association of Corporate Affairs Managers of Banks (ACAMB).
Rasheed Bolarinwa who has served the association as secretary-general for two terms emerged was declared president after the conclusion of the election in Lagos.
He was sworn-in alongside other elected executives– Oze Kalu as 1st vice-president (FirstBank); Lola Egboh as 2nd vice-president (First City Monumental Bank, FCMB); Sipe Babajide as secretary-general (EcoBank); Omide Odekina as assistant general-secretary (United Bank for Africa, UBA).
Others were: Patrick Osilaja as financial secretary (Fidelity Bank); Funmilayo Falola as treasurer (Wema Bank); Abdul Imoyo as publicity secretary (Access Bank); Utulu Ozena as social secretary (Heritage Bank).
Speaking shortly after the swearing-in, the new president said, “we have no time to waste. Work commences immediately.”
He appreciated the members of the association for giving him the privilege to serve.
He also thanked the immediate past executives and vowed to continue in their good works while exploring greater dimensions to move the association forward.
Bolarinwa hinged his agenda on the theme– PEAL which means Partnership & Platform, Engagement, Advocacy and Learning & Value addition.
He said, “The new leadership will work assiduously to deliver an ACAMB that encourages and ensures every marketing communication staff in banks aspires and attains the highest level of professional recognition and fulfilment on the job while at the same time being assured of a sustainable livelihood long after exiting the industry.”
ACAMB is an umbrella body for managers and public relations professionals in the Nigerian banking sector. It was established in 1996 as a response to the negative perception of the banking industry during that period.
The objective of the association is to enhance the working relationship amongst banks, the government and the public.
It also aims to solidify trust and confidence amongst stakeholders for the growth of the banking sector.
C & I Leasing Appoints Ugoji Lenin Ugoji as Group Managing Director/CEO
C & I Leasing Plc has appointed Mr. Ugoji Lenin Ugoji as the Group Managing Director and Chief Executive Officer following the retirement of Mr. Andrew Otike-Odibi on 31 of December 2021.
The company disclosed in a statement signed by Mbanugo Udenze & Co Company Secretary and seen by Investors King. Ugoji, the company’s chief operating officer, is now the Managing Director/CEO, effective 1 January 2022.
Ugoji Lenin Ugoji Profile
Ugoji holds a Bachelors’ Degree in Estate Management from the University of Lagos, and an MBA in Banking & Finance from the ESUT Business School, Enugu. He is also a Chartered Pension professional, and an associate of the Certified Pension Institute of Nigeria.
Ugoji joins C & I Leasing with over 20 years experience in Commercial/Investment Banking, Leasing and Asset Management.
His last assignment was with The Mellanby Trust Company, a Commodity focused Asset Management Company registered with the Securities & Exchange Commission (SEC), where he was a founding Director and the Chief Investment Officer responsible for directing the company’s Investment Portfolio structure for purposes of its corporate and individual clients.
Ugoji’s extensive experience in the Leasing Industry commenced in 2005 as a Pioneer member of the Aquila Capital Group where he served as the pioneer Group Head Treasury & Wealth Management. He was responsible for creating the Group’s, Equipment Leasing focused Funding and Investment structure, which was targeted at attracting Capital from Private Equity, Foreign Development Financial Institutions and Local sources.
From 2010 to 2015, he served as the pioneer Managing Director for ‘Aquila Asset Management Ltd’, a Management Buy-Out firm from the Aquila Group. Prior to his time at the Aquila Group, Ugoji worked at Continental Trust Bank (now UBA) and NAL Bank Plc (now Sterling Bank) in the Treasury, International Operations and Domestic operations groups respectively.
Ugoji is happily married with children. He is passionate about ideas creation, investment and deal structuring, and enjoys volunteering for laudable causes. When not at work or volunteering, he enjoys spending time with his family, reading, music and photography.
C&I Leasing Appoints Cordros Registrars as its Registrar
C&I Leasing Plc, a Nigerian leading maritime company, has appointed Cordros Registrars Limited as its registrar for share registration and data management service provider.
The company disclosed this in a statement filed with the Nigerian Exchange Limited and obtained by Investors King.
Cordros Registrars Limited has now replaced Centurion Registrars Limited and takes over the Register of Members of C & I Leasing Plc effective 1st January, 2022.
The statement reads “C&I Leasing Plc hereby notifies Nigerian Exchange Limited (NGX), its shareholders and the investing public of the appointment of Cordros Registrars Limited as its REGISTRARS – SHARE REGISTRATION AND DATA MANAGEMENT SERVICE PROVIDER.
“Cordros Registrars Limited replaces Centurion Registrars Limited and takes over the Register of Members of C & I Leasing Plc effective 1st January, 2022.”
Speaking at a virtual press conference at the weekend, the Chief Executive Officer, C & I Leasing Plc, Ugoji Ugoji, revealed the company’s plans to explore opportunities in the digital space to improve its revenue despite the negative effects of the pandemic.
Explaining how the company planned to achieve this, he said by increasing and enhancing its collaboration and the creation of new business models to navigate the impact of the COVID-19 crisis, the company will remain more profitable and competitive in the industry.
He also stated that the company would continue to look at the existing businesses to identify areas of improvement.
“We must be able to adapt and manage the resources of the company to improve on our processes to reduce the cost of transactions and grow our topline revenue,” he said.
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