Transcorp Hotels Plc Celebrates Dupe Olusola, Welcomes New MD/CEO
- Transcorp Hotels PLC will be having Uzo Oshogwe as the new MD/CEO, succeeding Dupe Olusola
- Outgoing Dupe Olusola has been widely praised for her exceptional leadership, particularly for successfully steering the company through the challenges of the COVID-19 pandemic
- She led the company for four years and nine months, helping it cement its place at the top of Nigeria's hospitality sector
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Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Transcorp Hotels PLC has announced the appointment of Uzo Oshogwe as its new Managing Director and Chief Executive Officer.
Beginning January 1, 2025, Oshogwe will assume leadership from Dupe Olusola, who has been at the helm of the hospitality company since March 2020.
Source: Getty Images
The announcement of leadership was made on Monday, December 16.
Transcorp praises Dupe Olusola
Dupe Olusola, who will leave after four years and nine months, has received high praise for her leadership and contribution to Transcorps Hotels.
In a statement on the leadership changes, Emmanuel N. Nnorom, chairman of the company's board of directors, described Olusola's time at the helm of affairs as remarkable.
How did Dupe Olusola stand out?
Olusola Dupe Olusola’s leadership at Transcorp Hotels Plc has been described as transformational over the past four years and nine months.
Taking over at the onset of the COVID-19 crisis, Dupe Olusola led the hospitality brand out of the pandemic's aftermath, driving groundbreaking initiatives and fostering a culture of innovation and excellence. She leaves behind a legacy of remarkable achievements that have firmly positioned the company as a leader in Africa’s hospitality industry.
Under her stewardship, Transcorp Hotels Plc achieved unprecedented growth, breaking records in revenue and profitability, even in the face of global challenges.
Her strategic vision ensured the delivery of exceptional guest experiences and the implementation of initiatives that align with international best practices.
A thought leader and advocate for the development of the African hospitality industry, Dupe Olusola has represented the company and the continent on global stages, contributing to vital conversations about the sector's growth, resilience, and potential.
Her participation in high-profile forums, such as the Africa Hospitality Investment Forum, has cemented her reputation as a leading voice shaping the narrative around Africa’s burgeoning hospitality market.
Olusola gets recognition
Dupe Olusola's leadership has earned her notable recognition, including the prestigious Seven Stars Woman of the Year award. She is only the second recipient in the 12-year history of this esteemed honour.
The recognition celebrates her outstanding leadership and transformative impact on the African hospitality industry. Beyond personal recognition, Transcorp Hotels Plc thrived under her leadership, garnering nearly 40 prestigious awards.
Her emphasis on innovation, sustainability, and empowering the next generation of leaders has left an indelible mark on the industry and set new standards for hospitality excellence.
She has laid a solid foundation for the company's growth and expansion plans, beginning with the launch of the 5,000-capacity event centre, which is now awaiting commissioning.
Transcorp Power acquires 60% of Abuja DisCo
In another development, Legit.ng earlier reported that a consortium led by Transcorp Power Limited completed a 60% majority stake acquisition in the Abuja Electricity Distribution Company (AEDC).
AEDC was taken over by the United Bank of Africa (UBA) in December 2021 because Kann Consortium, its largest shareholder, could not pay the bank its $122 million debt.
Proofreading by James, Ojo Adakole, journalist and copy editor at Legit.ng.
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