UPDATED: Jibunoh Becomes Transcorp CEO as Nnorom Retires

By Dipo Olowookere

Mr Adim Jibunoh has been announced as President/CEO of Transcorp Plc with effect from June 1, 2017, by the boards of Directors of the company. This followed the approval of the retirement of Mr Emmanuel Nnorom, by the board of Transcorp Plc.

In a statement to the Nigerian Stock Exchange (NSE) yesterday, Transcorp said Mr Nnorom will, however, remain as a Non-Executive Director on the board of the firm.

The new President/CEO of Transcorp is the Group Business Development Director at Heirs Holdings Limited overseeing the non-financial services sector in the group.

He is a First-Class graduate of Economics from the University of Port Harcourt and has a Masters in Business Administration from the University of Lagos. His career in the financial and non-financial services sector spans over three decades.

His prior positions have included: Executive Director at Standard Trust Bank Plc; and the Chief Executive Officer of Continental Trust Bank. He is also a non-executive director of Avon HMO, United Capital Plc and Transcorp Hotels Plc where he heads some of the relevant Board Committees.

Over the years, he has attended several trainings and courses both in Nigeria and abroad including Harvard Business School, Advanced Management Courses in Lagos Business School, IMD Switzerland, and CitiBank just to name a few.