Monday, June 15, 2020 / 1:58 PM
/ NSE / Header Image Credit: TRANSCORP
Transnational Corporation of Nigeria Plc
(Transcorp), Nigeria's leading listed conglomerate, owner of Transcorp Power
Limited, one of Nigeria's largest power producers and the iconic Transcorp
Hilton in Abuja, has announced the appointment of Mrs. Foluke K. Abdulrazaq to
its Board of Directors, as Vice Chairman, effective Friday, 5th of June 2020.
Mrs Abdurazaq brings considerable experience in
both the public and private sectors. Her public service career includes serving
as a Commissioner in the Ministries of Finance and Women Affairs in Lagos
State, when during her tenure, the broad policies that led to the State's
Accelerated Revenue Generation Programme (ARGP) were formulated. She was also
the Chairman of the State's Tenders' Board, a member of the Federal Accounts
Allocation Committee (FAAC), and the State's Executive Council. Mrs Abdurazaq
has held, over a period of twenty years, a series of senior positions in the
Nigerian financial services sector, including her appointment by the Central
Bank of Nigeria/NDIC in September 1995, as the Executive Chairman of the
Interim Management Board of Credite Bank Nigeria Limited. She also served on
the Group Board of United Bank of Africa Plc from 2008 to 2020, when she
retired as the Chairperson of the Board Credit Committee. Mrs. Abdulrazaq holds
an M.Sc degree in Banking and Finance from the University of Ibadan.
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