Following the retirement of Dr. Wadinga Bakari, the non-executive Director of Trancorp Hotels Plc, the company has inducted Alexander Adeyemi as its Board Member.
This was disclosed in a statement signed by the company’s Group Company Secretary, Helen Iwuchukwu, and addressed to the investing public and the Nigerian Stock Exchange (NSE).
Transcorp said the move to appoint Adeyemi as a successor to Bakari was in pursuant to the provisions of the Companies and Allied Matters Act and Article 31 of the Articles of Association of the Company.
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It’s also announced that with effect from Monday, July 15, 2019, Adeyemi would serve as the company’s Non-Executive Director.
Profile of the new director: Mr Adeyemi has a Bachelors’ degree in Accounting from Bayero University, Kano and an MSc. in Business Administration (MBA) from the Ahmadu Bello University, Zaria.
He is a fellow of the Institute of Chartered Accountants of Nigeria (ICAN), Chartered Institute of Taxation of Nigeria (CITIN), and a member of the Chartered Institute of Public Finance & Accountancy, London Certified Information System Auditor, (CISA) and the National Institute for Policy and Strategic Studies (NIPSS).
Adeyemi is the current Director, Revenue & Investment, Office of the Accountant-General of the Federation (OAGF). Prior to this, he held various directorate positions in the Funds and the Consolidated Accounts Departments of the OAGF.
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About the company: Transcorp Hotels Plc (Company) is the hospitality subsidiary of Transnational Corporation of Nigeria Plc. The Company owns and operates the multiple award-winning Transcorp Hilton Abuja, which provides luxury accommodation, world-class cuisines, conferencing and leisure facilities to business travelers and tourists from all over the world.
The company was formerly known as Transnational Hotels and Tourism Services Limited but changed its name to Transcorp Hotels Plc in 2014. It was incorporated in 1994 and is based in Abuja, Nigeria.
(READ FURTHER: NSE grants Transcorp Hotels, others extension on shareholding structure)