Transcorp President Dr. Owen D. Omogiafo, President and Group CEO of Transcorp Group, has earned a coveted spot on the Most Influential People of African Descent (MIPAD) Global Top 100 Futurist & Innovators List. This prestigious acknowledgment celebrates individuals who have left an indelible mark on the future and have pioneered innovative solutions within their respective fields.
The recognition coincides with Transnational Corporation Plc (Transcorp Group) unveiling its impressive Q1 2024 results, showcasing significant growth across all performance indicators. Year-on-year, profit before tax (PBT) surged by a remarkable 1,475 percent to N45.7 billion in Q1 2024 from N2.9 billion in the same period of 2023. Moreover, revenue soared by 173 percent year-on-year to N88.6 billion in Q1 2024 from N32.4 billion in Q1 2023.
These outstanding achievements underscore Omogiafo’s visionary leadership, steering Transcorp Group to unprecedented growth and expansion despite the challenging backdrop of the COVID-19 pandemic. Under her guidance, Transcorp Group and its subsidiaries, including Transcorp Power, Transafam Power, and Transcorp Hotels Plc, have experienced remarkable growth and profitability, with Transcorp Group’s shares ranking among the best-performing stocks in 2023 and sustaining growth into 2024.
Omogiafo’s unwavering commitment to innovation, sustainability, and social responsibility has positively impacted millions across Africa, aligning with Transcorp Group’s mission to enhance lives and transform the continent. The MIPAD recognition arrives as Transcorp achieves yet another remarkable milestone, reinforcing its position as a premier conglomerate in Nigeria and underscoring Omogiafo’s transformative leadership.
MIPAD’s global initiative celebrates exceptional individuals of African descent who are effecting positive change in their communities and beyond. Dr. Owen Omogiafo’s inclusion in this esteemed list is a testament to her relentless efforts in driving economic growth, fostering social progress, and promoting environmental sustainability across Africa.
Her contributions have garnered recognition from numerous local and international organizations, including a national award, OON, conferred upon her by the Federal Government of Nigeria last year.
