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Transcorp Appoints Dupe Olusola As MD/CEO


The Board and Executive Management of Transnational Corporation of Nigeria Plc (Transcorp) has appointed Group Head, Marketing of UBA, Dupe Olusola as the Managing Director/CEO of Transcorp Hotels Plc. Her appointments take effect from March 25.

She will be overseeing the activities of the company and will reports directly to the Board of Directors. Meanwhile, industry watchers are optimistic that she will deliver considering her wealth of experience and track records.

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Previously, Dupe served as Group Head, Marketing for United Bank for Africa, one of Africa’s leading financial services provider. At UBA Group, she was responsible for the development and delivery of the integrated strategy for all UBA Group Bank and non-bank subsidiaries.

Prior to that, she was the Group Head Embassies, Multilaterals and Development Organizations (EMDOs) and Global Investors Services (GIS) at United Bank for Africa (UBA) Plc. Through her leadership, there was a meritorious expansion in the Bank’s stake in the EMDOs & GIS sector across Africa and beyond. Dupe has a deep knowledge of several corporate and retail market economies.

Before joining UBA, Dupe had a distinguished career as the Managing Director and Chief Executive Officer of Teragro Commodities Limited (an indigenous agricultural company). She spearheaded a partnership with Coca Cola to produce Five Alive Pulpy Orange Juice – making Teragro the sole local material source for the juice in Nigeria.

Her professional experience spans various sectors locally and internationally in capacities that encompass private equity from African Capital Alliance, investments and SME experience from Growing Business Foundation, Bloomberg Financial Markets UK, SecTrust (now Afriinvest), Transcorp Corporation and Northern Trust Corporation of Chicago, UK.

Dupe studied Economics at the University of Leicester, United Kingdom and obtained her M.Sc. in Development Economics from the University of Kent. She is Prince 2, PMP and Investor Management Certified (all UK). She is passionate about women development and empowerment, economic development of under-developed countries and financial inclusion for the disadvantaged in the society.

She has been honoured by several global bodies including been listed on Ventures Africa’s 10 Most Influential Nigerian CEOs of 2015.

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