By Chris Agabi
President/Group CEO of Transnational Corporation Plc Dr Owen Omogiafo, will on Thursday, January 25, 2024, speak at the CardinalStone Investor’s Conclave on the theme the theme “Beyond Reforms: Strategizing to Boost Collective Growth.” The event which holds in Lagos, Nigeria will see Dr Omogiafo join other business leaders to share insights and discuss how Transcorp Group has been an integral part of driving economic growth in the country.
Transcorp Group has been a consistent driver of transformative initiatives, and its impact extends across various sectors, including hospitality, power, and energy. As one of the largest conglomerates in Nigeria, the group’s portfolio mirrors a commitment to excellence, innovation, and sustainable growth.
Under Dr Owen Omogiafo’s leadership, Transcorp Group has consistently demonstrated resilience and adaptability in the face of dynamic market conditions. In its Q3 2023 results, Transcorp reported an impressive revenue of N128 billion, compared to N96.2 billion in Q3 2022, marking a substantial 33% growth year-on-year while operating income also grew by 36% to close at N42.7 billion during the same period. Total Assets increased by 8% from N442.7 billion in December 2022 to N479.8 billion in Q3 2023.
The Company continues to drive transformative initiatives in line with its purpose to improve lives and transform Africa. Dr. Owen Omogiafo’s participation in the Conclave thus underscores the group’s commitment to shaping the economic narrative of Nigeria.
The annual event, launched in 2020, serves as a beacon for stakeholders seeking a comprehensive outlook on the new year and tactical ideas to navigate potential challenges.
Other speakers at the event include Roosevelt Ogbonna Group Managing Director Access Bank Plc, Dinesh Rathi CEO Lagos Free Zone, Ravindra Singhvi GMD Dangote Sugar Refinery and Adegbite Falade MD/CEO Aradel Holdings.