Transcorp Group’s President and GCEO, Dr. Owen D. Omogiafo, has been named in the prestigious Most Influential People of African Descent (MIPAD) Global Top 100 Futurists & Innovators List. This recognition highlights her significant contributions to innovation and leadership in the corporate sector. The announcement coincided with Transcorp’s release of its first quarter results for 2024, showcasing a staggering 1,475 percent increase in profit before tax, rising to N45.7 billion from N2.9 billion in the same period last year. Revenue also saw a substantial boost, climbing 173 percent year-over-year to N88.6 billion.

Under Dr. Omogiafo’s leadership, Transcorp Group has seen substantial growth and resurgence, particularly noted during the challenging economic climate induced by the COVID-19 pandemic. Her strategic guidance has propelled not just Transcorp but its subsidiaries, including Transcorp Power, Transafam Power, and Transcorp Hotels Plc, towards a path of robust growth and profitability.

This remarkable financial performance in early 2024 follows on the heels of a successful 2023, which saw Transcorp shares among the best-performing on the market. Dr. Omogiafo’s focus on innovation, sustainability, and social responsibility has evidently paid dividends, enhancing millions of lives across Africa and affirming the conglomerate’s status as a leader in the Nigerian corporate world.

The MIPAD recognition underscores Dr. Omogiafo’s tireless dedication to not only economic development but also to social progress and environmental sustainability across Africa. Her previous accolades include a national award from the Federal Government of Nigeria, reflecting her pivotal role in advancing Nigeria and Africa’s socio-economic landscape.