Business
Transcorp Hotels Strengthens Corporate Governance, Appoints Abubakar as Independent Non-Executive Director, Ukiri as Non-Executive Director
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group has reinforced its commitment to corporate governance with the appointment of the former Corporate Affairs Commission Registrar Alhaji Garba Abubakar.
Abubakar
Hailed as one of the most reform-minded heads of agency in Nigeria during his time at CAC, Abubakar worked hard to midwife the business-friendly Companies and Allied Matters Act 2020. He also led efforts to block all avenues for bureaucratic hiccups and encouraged digitalization of the agency, leading among other reforms, to the commencement of virtual Annual General Meetings in the country.
According to a filing on the Nigerian Exchange (NGX), Abubakar joins the Transcorp Hotels Board as an Independent Non-Executive Director, effective December 15, 2023.
Abubakar brings with him a wealth of experience gained over 34 years in the corporate world. His illustrious career includes a 19-year tenure at the Corporate Affairs Commission, where he held various pivotal positions, such as Director of Compliance, Special Adviser to the Registrar General, and Deputy Director of Compliance.
A distinguished alumnus of Ahmadu Bello University, Zaria, Mr. Abubakar holds a law degree and was called to the Nigerian bar in 1989. He is an esteemed member of the Nigerian Bar Association, Chartered Institute of Mediators and Conciliators, and the Institute of Directors (Chartered), among others.
Also appointed to the Board of Transcorp Hotels is Adesimbo Ukiri who joins as Non-Executive Director, effective December 15, 2023.
Ukiri, the CEO of AVON Healthcare Limited, brings her remarkable 30 years of professional experience to the Board of Transcorp Hotels Plc. She has a proven track record of driving organizational transformation and inspiring leadership teams to excel.
Ukiri also serves as a Non-Executive Director on the Board of Heirs Life Assurance Ltd and is a member of the Technology and Data Committee of the Tony Elumelu Foundation. An alumna of Obafemi Awolowo University, Ile-Ife, where she obtained her law degree, Ukiri was called to the Nigerian bar in 1989. She also holds a master’s degree focused on strategy and leadership from the London Business School.
Adesimbo Bello-Ukiri is the pioneer Managing Director and Chief Executive Officer of Avon Healthcare Ltd (Avon HMO). She possesses a wealth of professional experience spanning over 30 years and is also currently the Sector Head of the healthcare companies within the Heirs Holding Group.
She has a track record in organizational transformation and galvanising leadership teams to superior performance levels.
A trained lawyer, Adesimbo is a Sloan Fellow of London Business School, where she obtained an MSc in Management, specialising in Strategy and Leadership. She holds an LLB from Obafemi Awolowo University and was called to the Nigerian bar in 1991. Her professional experience straddles diverse sectors – Financial services (Crystal Bank, now UBA PLC), Oil & Gas Exploration and Services (Amber Resources, BG Group), FMCG (Guinness Nigeria PLC), Telecommunications (Econet, V-Mobile, now Airtel) and Healthcare (Hygeia HMO).
Across these sectors her roles have been equally diverse and include Managing Director, Chief Marketing Officer, Head of Sales Division, and other leadership roles with responsibilities for Strategy, Human Resources, Finance, and Operations.
Adesimbo serves on the Board of Heirs Life Assurance Ltd as a Non-Executive Director and is also a member of the Technology and Data Committee of the Tony Elumelu Foundation.
Emmanuel Nnorom, the Chairman of the Board of Directors, expressed his enthusiasm about these appointments, saying, “We are delighted to welcome Mr. Garba Abubakar and Ms. Adesimbo Ukiri to the Board of Transcorp Hotels Plc.
Their extensive experience and outstanding track records make them valuable additions to our Board. We expect their contributions to enrich our decision-making processes and help us continue to drive growth and innovation in the hospitality industry.”
About Transcorp Hotels
Transcorp Hotels Plc. is one of Africa’s leading hospitality companies, committed to redefining hospitality standards.
Transcorp Hotels is the hospitality subsidiary of Transnational Corporation Plc (Transcorp).
The Company’s hotels include the award-winning Transcorp Hilton Abuja and Transcorp Hotels Calabar. It also owns Aura by Transcorp Hotels, an online platform for booking homes, hotels and memorable lifestyle experiences.
www.transcorphotels.com
Business
Access Bank Group, Aig-Imoukhuede Foundation Pledge $300m to Transform Africa’s Economic Landscape
“We can’t wait to be saved; Africans need to solve Africa’s problems. This $300 million commitment reflects this reality’’ – Aig-Imoukhuede
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
The Aig-Imoukhuede Foundation and Access Bank Group have pledged $300 million in charitable commitments over the next 20 years. Access Bank has committed $200 million and Aig-Imoukhuede Foundation committed $100 million.
President Paul Kagame, President of the Republic of Rwanda and Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC, at the Africa CEO Forum 2024 in Kigali…Thursday.
This will fund African government initiatives with a proven potential to transform national economic performance.
Speaking about the commitment, Aigboje Aig-Imoukhuede, Chairman, Access Holdings and Co-Founder, Aig-Imoukhuede Foundation, said, “We can’t wait to be saved, Africans need to solve Africa’s problems. This $300 million commitment reflects this reality.”
President Paul Kagame, President of the Republic of Rwanda and Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC, at the Africa CEO Forum 2024 in Kigali…Thursday.
Appropriately, this announcement was made at the Africa CEO Forum 2024 in Kigali, Rwanda, where the theme of this year’s event is ‘At the table or on the menu?’. At the event, CEOs from across the continent joined to discuss how Africa can demand a seat at the global table, rather than continuing to wait to be invited.
The fund will see the creation of an African-led Super NGO in partnership with academics, experts and philanthropists across the globe who are committed to closing the gap between Africa and the rest of the world. The NGO will work with African governments to provide the funding, governance and talent required to successfully execute game changing government reform programs, especially in the delivery of digital public infrastructure.
The development comes at a time when Ajay Banga, President of the World Bank, has warned wealthy countries that it would be short-sighted to “ignore” Africa. This landmark Africa-led initiative could not have been better timed.
Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC and Co-founder, Aig-Imoukhuede Foundation and Ofovwe Aig-Imoukhuede, Co-founder, Aig-Imoukhuede Foundation, on the sidelines of the Africa CEO Forum 2024 in Kigali…Thursday.
“We African leaders cannot sit back and watch the 4th Industrial Revolution transform the rest of the world while leaving Africa falling further behind. We have to create our own ‘table’ by using technology to unlock the power of our youth, giving Africa a greater voice in the world. It’s today’s leaders who will determine whether or not we grab this opportunity,” Aigboje Aig-Imoukhuede continued.
The availability of digital public infrastructure is a proven and cost-effective way for developing nations to break free of the status quo. It provides citizens with access to the same public goods and services available to citizens of advanced nations.
The India Stack has become a shining example of what can be achieved when visionary public and private sector leaders partner for development.
The Access Bank and Aig-Imoukhuede Foundation inspired NGO will make such partnerships a reality and delivering measurable improvements to the lives of Africans across the continent.
Notes to Editor:
For media inquiries, please contact:
communication@aigafrica.org or +234 808 5716 788
mediarelations@accessbankplc.com or +234 803 320 4315
ABOUT THE AIG-IMOUKHUEDE FOUNDATION
The Aig-Imoukhuede Foundation is a public sector-focused philanthropic organisation founded by Aigboje and Ofovwe Aig-Imoukhuede to improve the lives of Africans through transformed public service delivery and increased access to quality primary healthcare. The Aig-Imoukhuede Foundation accomplishes its mission by supporting the reform initiatives of public sector entities, providing financing, technical support, and capacity-building programmes and resources for the public sector workforce. The Foundation also provides funding and strategic support to drive the work of affiliate organisations such as Africa Business Coalition for Health (ABC Health), the Private Sector Health Alliance of Nigeria (PSHAN), the Nigerian Solidarity Support Fund (NSSF) and others.
For more information, please visit www.aigimoukhuedefoundation.org.
Business
AIGBOJE AIG-IMOUKHUEDE APPOINTED PRESIDENT OF FRANCE NIGERIA BUSINESS COUNCIL
AIGBOJE AIG-IMOUKHUEDE APPOINTED PRESIDENT OF FRANCE NIGERIA BUSINESS COUNCIL
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
At the esteemed Choose France Summit 2024, held on Monday, May 13, 2024, Aigboje Aig-Imoukhuede, the Chairman of Access Holdings PLC, was formally appointed as the President of the France Nigeria Business Council (FNBC) by the President of the French Republic, President Emmanuel Macron.
Aigboje Aig-Imoukhuede having a handshake and a tête-à-tête with President Macron at the Council’s meeting with the President, and Gilbert Chagoury looking on.
The France Nigeria Business Council (FNBC) stands as a pivotal coalition of Nigerian private sector business leaders, committed to enhancing bilateral relations between Nigeria and France. Its core objectives revolve around the facilitation of trade, investments, infrastructural development, job creation, and cultural integration between the two nations.
Since its establishment in June 2021 under the auspices of President Emmanuel Macron, the FNBC has diligently utilised its member network to champion investments across key business sectors, fostering cultural understanding and driving economic growth between Nigeria and France. Notably, it has catalysed Nigerian businesses’ ventures into investment opportunities within France.
Comprising 13 distinguished members, the Council boasts prominent figures including Aigboje Aig-Imoukhuede (President), Abdul Samad Rabiu, Gilbert Chagoury, Mike Adenuga, Aliko Dangote, Jim Ovia, Tony Elumelu, and John Coumantaros. Additionally, Kola Karim, Leo Stan Ekeh, Daisy Danjuma, Gbenga Agboola, and Jean Haas serve as integral members, with Jean Haas holding the position of Secretary.
Aig-Imoukhuede’s appointment follows the passing of Herbert Wigwe, the Council’s former President, in February 2024.
Aigboje Aig-Imoukhuede having a handshake and a tête-à-tête with President Macron at the Council’s meeting with the President, and Gilbert Chagoury looking on.
The Choose France Summit is an annual gathering that convenes business magnates, investors, and governmental dignitaries to explore investment prospects within France. The highlight of the Summit was the Presidential Dinner, characterised by high-level engagements and mutual commitments between participating parties.
Business
ACCESS BANK (SL) LTD STRENGTHENS LEADERSHIP TEAM WITH KEY BOARD APPOINTMENTS, NAMES NEW CHAIRMAN
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
Access Bank Sierra Leone Ltd (‘Access Bank (SL) Ltd’) has announced the appointment of new executives to its Board of Directors (‘the Board’), further strengthening its leadership team and advancing the implementation of its growth and transformation strategy.
These appointments also reflect the Bank’s commitment to fostering growth and development while maintaining the highest standards of governance and stewardship.
Joining the Board as Non-Executive Directors are Maurice Nathaniel Cole, Nsikak N. Usoro, Michala Mackay, Ibrahim Khalil Lamin, and Kolawole Augustine Ajimoko.
The appointees boast a wealth of expertise from diverse sectors, including banking, telecommunications, corporate governance, compliance, and finance. Their combined experience and vision will contribute to shaping the future trajectory of Access Bank (SL) Ltd.
Cole will serve as Chairman, following the exit of Alice Marie Onomake and will bring his experience to the fore as Access Bank (SL) Ltd works to consolidate its market position and deliver value for all its stakeholders.
“We are thrilled to welcome our new executives to Access Bank (SL) Ltd,” said Ganiyu Sanni, Country Managing Director, Access Bank Sierra Leone Ltd. “Their leadership and vision will be invaluable as we navigate through challenges and pursue sustained success. We extend our gratitude to outgoing Chairman, Alice Marie Onomake, and Non-Executive Director, Aminata B. Dumbuya, for their dedicated service and contributions to the Bank.”
Access Bank (SL) Ltd remains committed to excellence, transparency, and accountability as it embarks on this exciting new chapter. The Bank looks forward to leveraging the collective expertise of its leadership team to drive innovation, foster growth, and create lasting impact for its customers and communities.
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