President/GCEO of the Transcorp Group, Dr. Owen D. Omogiafo, has been recognised as one of the Most Influential People of African Descent (MIPAD)’s Global Top 100 Futurist & Innovators List.
The list recognises individuals, who have made remarkable contributions to shaping the future and pioneering innovative solutions within their respective fields.
The announcement of the recognition of Dr Omogiafo comes at the time Transnational Corporation Plc (Transcorp Group) released its Q1 2024 results, which showed impressive growth on all indices.
Profit before tax (PBT) grew year-on-year (YoY) by 1,475 percent to N45.7 billion in the first quarter of 2024 (Q1’24) from N2.9 billion in the corresponding period of 2023. The company also reported a 173 percent YoY growth in revenue to N88.6 billion in Q1’24 from N32.4 billion in Q1’ 23.
The statement said company’s continuous growth and impressive results year after year are testament to Omogiafo’s visionary leadership. Transcorp Group has experienced significant growth and expansion under Omogiafo’s leadership having taken up leadership during a difficult time, as the world grappled with the COVID-19 pandemic. However, she has led the Group and its subsidiaries, including Transcorp Power, Transafam Power and Transcorp Hotels Plc back to the path of exponential growth and profitability.
Transcorp Group’s shares ended 2023 as one of the best-performing stocks of the year. The impressive growth has continued in 2024.
Transcorp further said: “Dr. Owen Omogiafo’s commitment to innovation, sustainability, and social responsibility has made a positive impact on the lives of millions of people across Africa, in line with Transcorp Group’s purpose of improving lives and transforming Africa.”
