TONY ELUMELU: CHAIRMAN TRANSNATIONAL CORPORATION
The new Chairman of Transnational Corporation, Mr. Tony Elumelu has brought into play, a lot of experience of nearly two decades in the Banking Industry.
Mr. Elumelu was elected as the Chairman of the Corporation at the last Annual General Meeting, AGM in Abuja, the capital of Nigeria in September, 2011.
He was nominated by the former Chairperson, Dr. Ndi-Okereke Onyiuke who retired voluntarily. Tony the lion as he is fondly called by all was appointed as a Director in April, 2011 when he replaced Mr. Emmanuel Nnorom who resigned the same month as a director.
Mr. Tony Elumelu is also the Chairman of Heir Holdings and Tony Elumelu Foundation.
TONY ELUMELU THE BANKER
TONY ELUMELU - The New Chairman of Transcorp
Mr. Tony Elumelu has come a long way in the business world despite his young age. He has proved that the younger generation of Nigerians can improve the business management and development in Nigeria to compete favourably with the rest of the world.
Mr. Elumelu made a mark in the banking industry that transcend beyond the shores of Africa. He started when he alongside some enviable and remarkable businessman in Nigeria bought over the Crystal Bank.
The bank evolved to become Standard Trust Bank and Continental Trust Bank, Standard Trust Bank was one of the top modern banks in Nigeria and had directors like Tony Elumelu (Managing Director) Alhaji Abba Kyari (Chairman) Mr. Otega Emerhor, Chief Macpepple. etc
Tony and his colleague did so well in the banking industry with the Standard Trust Bank and Continental Trust Bank. The two banks were well positioned to face the challenges posed by the N25billion Recapitalization exercise carried out by the Central Bank of Nigeria, CBN.
The recapitalization exercise further gave Mr. Elumelu an opportunity to prove himself as a reputable banker who could adapt to rigorous changes. In that process, one of the three biggest banks in Nigeria, United Bank for Africa went into a merger with Standard Trust Bank Continental Trust Bank.
That gave the Delta State born banking expert more opportunity to excel in an industry that saw some of its members scamper to safety under other banks. Others were swallowed completely. To prove his worth today UBA is in various parts of the world thanks to Tony hard work and the impact of his colleagues and dedicated staff. The rest is now history.
TONY ELUMELU:
Chairman Transcorp
Olorogun O'tega Emerhor, OON
Olorogun O'tega Emerhor, OON, holds a First Class degree in. Accountancy from University of Nigeria, Nsukka (1983). He holds fellowships from Institute of Chartered Accountants of Nigeria (ICAN), Institute of Credit and Risk Management of Nigeria and Academy for Entrepreneurial Studies. He is also a member of the Institute of Marketing Consultants. He trained as a chartered accountant at the renowned Price Water House Coopers and has worked in several Banks. Olorogun Emerhor is currently the Vice Chairman/Group CEO of Standard Alliance Insurance Plc; former Vice Chairman, First Inland Bank Plc; Chairman, Synetics Technologies Ltd and Heroes Group. He holds directorships in a number of companies and he has received various prestigious awards.
Mr. Adegboyega Olulade
Mr. Adegboyega Olulade is a graduate of the University of Ife (now Obafemi Awolowo University) lle Ife. An investment banker, stockbroker and financial consultant, he was at various times the head of capital and money market of Farida Investment and Securities Limited, Mr. Olu a member of the Nigerian Stock Exchange. He was group head (assistant general manager), corporate finance in Ivory Merchant Bank Limited and MD/CEO of Frederickson Finance and Securities Limited
Chief O.B Lulu Briggs
Chief O.B. Lulu-Briggs is the Chairman/Managing Director of Moni Pulo Limited, one of Nigeria's leading oil services' companies. He is an industrial magnate and renowned statesman. His alternate representative on the board is Mrs. Seinye O.B. Lulu-Briggs, a seasoned administrator and astute businesswoman, and the current Executive Vice Chairman of Moni Pulo Limited. She is also the Chief Executive of Rachael Hotels Limited. Mrs. Lulu-Briggs is a graduate of the Institute of Data Processing Management, London.
Mr. Kayode Fashola
Mr. Kayode Fashola is a professional banker with over 20 years of cognate experience. He holds a B. Degree from University of Ibadan, an MBA (Finance) Obafemi Awolowo University, Ile-Ife, and an M (Banking) Ladoke Akintola University, Ogbomoso. He is an alumnus of the prestigious Lagos Business School and the London Business School (University of London).
Kayode started his career in Nigeria Agricultural Co-operative and Rural Development Bank, Kaduna He has cognate experience in the banking industry that covers Corporate Banking, Commercial Banking, Public Sector, Relationship Management, Risk and Performance Management. He is an Associate Member of the Chartered Institute of Management, Member, National Institute a Marketing of Nigeria and an Honorary Senior Member, Chartered Institute of Bankers of Nigeria
Alhaji Mohammed Nasir Umar
Alhaji Mohammed Nasir Umar is a graduate of Ahmadu Bello University, Zaria. He started his career with Sokoto Rima River Basin Development Authority in 1977 and obtained his M.Sc in Land. Surveys in 1985. He was a Director of Planning &. Survey of the Federal Capital Development Authority (FCDA) 1988-1994. He has vast and varied experience in Lands and Survey matters spanning over a period 32 years post qualification. He has held many important positions and responsibilities and is currently the Chairman/CEO of Em-N Surveys & Engineering. Surveyor by Surveyors Council of Nigeria and a fellows of the Nigeria Institute of Surveyors (FNIS)..
OTUNBA FUNSHO LAWAL RETIRES AS A DIRECTOR OF TRANSNATIONAL CORPORATION AND CHAIRMAN, TRANSCORP HILTON HOTEL, ABUJA.
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