27/04/2021
OVATION, HIGH MARKS AS VALENTINE OZIGBO BOWS OUT OF BOARDS OF TRANSCORP GROUP
Business mogul set for Anambra Governorship
Valentine Ozigbo, the immediate past President and Group CEO of Transcorp Plc, has stepped down from his seat on the boards of directors of Transcorp Plc, Transcorp Hotels Plc, and Transcorp Power Limited after ten years with the conglomerate.
Mr Ozigbo made this known after the 14th Annual General Meeting of Transcorp Plc and the 7th Annual General Meeting of Transcorp Hotels Plc; both held at Transcorp Hilton Hotel in Abuja on Monday, April 26, 2021.
In his speech at the annual general meeting, the chairman of the Transcorp Group, Mr Tony Elumelu, commended Transcorp Hilton Hotel for its fantastic transformation and continuing its tradition for excellence which began under Valentine Ozigbo.
He thanked Mr Ozigbo for his contribution to the organisation's growth, wishing him well as he embarks on his new endeavour.
"The tradition of service excellence at Transcorp Hilton Hotel began with Val (Ozigbo). He is now leaving us to pursue a greater impact on humanity through public service. I wish Val well as he goes on a new project," Elumelu said.
In a moving valedictory message made available to journalists, Ozigbo recalled how he interviewed for a role as Transcorp's executive director of Finance in 2011, but impressed the board enough to be offered the job of the MD/CEO Transcorp Hotels Plc, becoming the first since its privatisation in 2005.
According to Ozigbo, in his seven years as MD/CEO, Transcorp Hotels Plc became the premier destination in Africa, undergoing a globally celebrated transformation and recognised as the undisputed top business hotel on the continent. The period also saw Mr Ozigbo become the most decorated black man in the hospitality business, winning several global awards, including the Seven Stars CEO of the Year Award.
In January 2019, Ozigbo's outstanding performance was rewarded as he was elevated to President/Group CEO of the parent company, Transcorp Plc, Nigeria's largest shareholder-based conglomerate with interests in power, energy, oil and gas, agri-business, and hospitality.
In March 2020, Ozigbo stepped down from his position to start a new phase in his life, which he has dedicated to public service. November 2019 was when he first indicated interest to run for governorship of Anambra State.
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