Transcorp names Jibunoh as new chief executive officer

Leading conglomerate in the power, oil and gas, hospitality and agro-industry sectors, Transnational Corporation of Nigeria Plc, has named Adim Jibunoh as its new President/Chief Executive Officer.

Jibunoh, a First-Class graduate in economics from the University of Port Harcourt, succeeds Emmanuel Nnorom, who has been appointed as President of Heirs Holdings, the Lagos based pan-African investment firm.

Jibunoh, who before his new appointment, was Director, Business Development at Heirs Holdings, resumes duties in June. With a robust background in banking, he had served as an Executive Director of Standard Trust Bank Plc and Chief Executive Officer of Continental Trust Bank. He was also a non-executive director of Avon HMO and Heirs Insurance Brokers among others.

Chairman of Heirs Holdings and Transcorp, Tony 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.”