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Transcorp Plc appoints Joseph Adegunwa as new CFO


The Board of Transnational Corporation of Nigeria Plc (‘’Transcorp Plc’’) has announced the appointment of Mr Joseph Adegunwa, as the new Chief Financial Officer of the Company, effective from November 15, 2021.

This is according to a statement signed by the Group Company Secretary, Kofo Olokun-Olawoyin, and filed with the Nigerian Exchange Limited (NGX).

Excerpts of the press release read: “Transnational Corporation of Nigeria Plc hereby notifies the Exchange of the appointment of Mr Joseph Adegunwa as its Group Chief Finance Officer with effect from Monday, November 15, 2021.’’

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About Joseph Adegunwa

Joseph Adegunwa is an astute finance expert with experience in Finance, Audit, Advisory, Strategy and Investment Management. He has worked in different sectors including but not limited to banking, real estate, advisory and investment management, among others.

Joseph is an alumnus of the Lagos State University where he obtained a degree in Accounting (Second Class Upper Division). He is a fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a member of the Chartered Institute of Management Accountants (CIMA).

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Transnational Corporation of Nigeria Plc (Transcorp) is a publicly listed conglomerate, with a diversified shareholder base of about 300,000. It has diversified business interests that cut across power, hospitality, and oil and gas sectors. Some of its portfolio include; Transcorp Hilton Abuja, Transcorp Hotels Calabar, Transcorp Power Ltd, Trans-Afam Power Ltd, Transcorp Energy and the recently launched digital hospitality platform, Aura by Transcorp Hotels.

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