Board of Transcorp plc name Adim Jibunoh new CEO

Transnational Corporation of Nigeria Plc, has named Adim Jibunoh as its new President/Chief Executive Officer.

Jibunoh will succeed Emmanuel Nnorom, who has been appointed President of Heirs Holdings, the Lagos based pan-African investment firm.

Mr Jibunoh, who is currently Director, Business Development at Heirs Holdings, a strategic investor in Transcorp, will commence his position beginning June 2017.

Adim Jibunoh, a First-Class graduate in economics from the University of Port Harcourt, has spent seven years at Heirs Holdings, holding a series of senior positions and has a background in banking, serving as an Executive Director of Standard Trust Bank Plc and Chief Executive Officer of Continental Trust Bank. He is also a non-executive director of Avon HMO and Heirs Insurance Brokers , other members of the Heirs Holdings group of companies.

Commenting on the new appointment, Chairman, Heirs Holdings and Transcorp, Mr. Tony O. Elumelu, said:

“Adim has made a considerable contribution towards the growth of Heirs Holdings. He is highly respected within the Group and has a record of outstanding leadership and the ability to innovate and execute.

Jibunoh expressed his commitment to helping Transcorp reach its strategic objectives. He stated that he will continue to work and live by the company’s values of “execution, enterprise and excellence”, while honouring the Group’s commitment to creating jobs, community empowerment, and improving the quality of life of all Nigerians.

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