June 22, 2024

Owen Diana Omogiafo: woman with magic wand drives transcorp to greater heights

owen diana omogiafo transcorp

Omolara Ojekunle 

In Nigeria of today, the commanding heights of business and the economy in general have changed in terms of gender demographics. Gone are the days when men dominated every economic space and relegated  women to the background.

From oil and gas to manufacturing to insurance,  from banking to educational sector, women have come of age, and have significantly come into their own with great success.
One of these high fliers is 

Owen Diana Omogiafo, Chief Executive Officer (CEO) of Transnational Corporation of Nigeria, TRANSCORP.

Omogiafo, an amiable woman of extraordinary intelligence sits atop a highly diversified conglomerate with strategic investments in five sectors Power, Hospitality, agro allied, corporate Centres and Oil and Gas sectors (with two subsidiaries :- Transcorp Energy Limited and Transcorp OPL 281 Limited which is into refining and marketing of petroleum products)
Highly acclaimed as the youngest CEO on the Nigerian Stock Exchange (NSE), and also the youngest and first female to occupy that position at Transcorp, Omogiafo has graced the role with so much competence as a business executive strategist  and manager, the result has been a magnificent turnaround of the company.

A graduate of University of Benin, where she earned a Bachelor’s degree in Sociology and Anthropology. She holds a Master of Science degree in Human Resource Management from the London School of Economics and Political Science.

An alumnus of the Lagos Business School in Advanced Management Program 2019 and IESE Business School, Spain.

Her illustrious career began as a Relationship Manager at the now defunct Bond bank in 2003, briefly before she moved to Accenture plc ,as Hewlett Packard (HP) Consultant, a global professional services company with leading capabilities in digital, cloud and security. 

Combining unmatched experience and specialized skills across more than 40 industries, where she acted dutifully in accordance with the company goals within the space of four years, she has earned her stripe meritoriously.

In 2008, Omogiafo made a foray  into the world of human resources when she became the Human Resources Advisor to the Group Managing Director (GMD) of United Bank for Africa (UBA) Plc for two years. 

She moved to Heirs Holdings Limited serving in various capacity as the Director of Human Resources, responsible for strategic planning and establishing structures for optimal man and machine engagement  within Heirs Holding Group. 

She also functioned as the Chief Operation Officer (COO) at the Tony Elumelu Foundation (TEF), where she was responsible for the $100million Programme aimed at identifying, mentoring, and funding 10,000 entrepreneurs over the past years.

The beautiful and hardworking Benin- breed moved a notch switched  higher feat when she joined Transcorp as the Executive Director Corporate service in 2018 and was later appointed as the Managing Director and Chief Executive Officer of Transcorp Hotels Plc.

In March 2020 Owen Omigiafo, the principled, focused and hardworking management expert resumed office as the Chief Executive Officer (CEO) of Transcorp company heading various sectors such as hospitality, power, agriculture, oil and gas. 

She has been responsible for h shaping the focus of the company, which is aimed at acquiring and managing strategic businesses that create long term shareholder returns and socio-economic impact. 

Since her appointment as the CEO, the company has grown tremendously in the aspect of power with the 100% acquisition of the 966MW installed capacity Afam Power Plc and Afam Three Fast Power Limited (jointly referred to as “Afam GenCo”), at an acquisition cost of N105.3bn in November 2020. 

The Afam Power Plc’ and ‘Afam Three Fast Power’ is the first of many new investments planned in the sector across the value chain. This is to bring affordable, dependable power to the Nigerian people.

Also in October last year Transcorp Power presented Trainees from its Skill Acquisition Training and empowerment program with certificates of completion. The participants which were drawn from the host communities across Ughelli formed the fifth cohort of the program.

Omogiafo, a woman of   integrity and principle can be called an expert when it comes to human resources management with over two decades of  corporate experience in organizational development and change management.

Owen is a member of the Board of Trustees of the Association of Power Generation Companies (APGC) in Nigeria, an association for power generation companies representing the interests of developers and operators of independent energy facilities. 

She holds Non-Executive Director position in various companies including Transcorp Power Limited, Transcorp Hotels Plc and Avon Healthcare Limited, where she sits on the Board’s Finance, Investment & Risk Committee, and Audit & Governance Committee.

In 2019 the vibrant and loving mother of three was recognized as one of the Top 100 Female CEOs in Africa by Reset Global People and as one of Nigeria’s Leading Ladies in Corporate Nigeria by Leading Ladies Africa.

She is also a member of the Chartered Institute of Personnel and Development, UK and a Certified Change Manager with the Prosci Institute, USA. She is a member of the Institute of Directors (IoD) Nigeria.

Like the Late Princess Diana, the British royal, whose name she shares,  Owen Diana Omogiafo, has upheld charitable programmes with Transcorp some of which include Transcorps Business Empowerment Programme  for Women, empowering young local women in basic sewing , business start ups and management skills.

Other charitable programmes include Kitchen Apprenticeship programme to train young Nigerians in culinary services for personal and career development.

Leave a Reply

Your email address will not be published. Required fields are marked *