Dupe Olusola

Last updated

Modupe Olusola
Born
Lagos, Nigeria
Education University of Leicester (Economics BA), University of Kent (MSc)
Occupation CEO of Transcorp Hotels plc (2020–present)
Years active1997–present
Spouse
Lanre Olusola
​
(m. 1999)​
[1]

Modupe Olusola is a Nigerian business executive. She is the Managing Director and Chief Executive Officer of the Nigeria-based Hospitality company, Transcorp Hotels plc, subsidiary of the Nigerian conglomerate, Transnational Corporation of Nigeria. [2] [3]

Contents

In March 2020, she was appointed to head Transcorp Hotels by existing board members, becoming the second woman to lead the organisation. [4] [5] [6] [7] Before joining Transcorp Hotels Plc, Dupe was Group Head of Marketing at United Bank for Africa (UBA) and was involved in leading all marketing efforts of UBA Group’s 23 countries of presence. [8] [9] She had previously served as Managing Director and Chief Executive Officer of the Nigeria-based agricultural company, Teragro Commodities Limited, the agribusiness subsidiary of Transnational Corporation of Nigeria Plc (Transcorp Plc). She was appointed to the position in 2014. [10]

In 2015 as CEO of Teragro, she was named on Ventures Africa’s 10 Most Influential Nigerian CEOs. [11] [12]

Early life and education

Dupe attended Queen's College, Lagos, where she obtained her GCE O-levels in 1991. After O-levels, she enrolled at University of Leicester, United Kingdom where graduating in 1996 and went on to obtain a Master's degree (MSc) in Development Economics from the University of Kent in 1997. [13] [14]

Career

Early career

After her Masters, Dupe worked in different roles with Bloomberg and Northern Trust in the United Kingdom before moving back to Nigeria. [15]

In Nigeria, she worked in SecTrust (now Afrinvest) and thereafter with Africa’s leading Private Equity Firm SME Manager/African Capital Alliance and joined the investor relations department of the UBA group in 2008 before a move to Transcorp as Director of Resources in January 2010. [16] [17]

Teragro

In 2014, she was appointed to lead the now-defunct Agribusiness arm of Transcorp - Teragro Commodities Limited as Chief Executive Officer and Managing Director. [18] [19] [20]

As CEO of Teragro Commodities, she was responsible for the acquisition of two farmlands measuring 10,000 hectares in Benue State for citrus farming and spearheaded a partnership with Coca Cola to produce Five Alive Pulpy Orange Juice making Teragro the sole local material source for the juice. [21] [22] [23]

United Bank for Africa

Dupe returned to United Bank for Africa (UBA) Plc as the Group Head Embassies, Multilaterals, and Development Organizations (EMDOs) and Global Investors Services (GIS) and was in 2018 appointed as Group Head, Marketing for United Bank for Africa. [24] In this role, she was responsible for the development and delivery of the integrated strategy for all UBA Group Bank and non-bank subsidiaries. [25] [26] [27]

Transcorp Hotels Plc

In March 2020, she was appointed as Managing Director and Chief Executive Officer of Transcorp Hotels Plc., taking over from Owen Omogiafo and leading the strategic operations of its flagship property Transcorp Hilton Abuja and Transcorp Hotels Calabar. In July, 2021 she launched Aura by Transcorp Hotels, an online platform for booking accommodation, food and experiences. [28] [29] [30] [31] [32] [33]

Personal life

Dupe is married to life coach, Lanre Olusola and they have two children. [34] [35]

Honors

Dupe Olusola has been listed in the Leading Ladies Africa/ YNaija’s “100 Most Inspiring Women in Nigeria” List for her passion in Women Affairs and Empowerment, Economic Development of under-developed countries and Financial inclusion. [36] [37] In 2015 as CEO of Teragro, she was named on Ventures Africa’s 10 Most Influential Nigerian CEOs. [38] In 2021, she was listed as one of the top 4 women in Africa in the Strategic Women in Leadership Award (SAWIL). [39] In 2022, she was named as one of the 100 Most Powerful People in Africa Hospitality by the International Hospitality Institute. [40] Dupe is also a member of the advisory board of the Africa Hospitality Investment Forum (AHIF) – Africa’s leading hospitality investment conference that connects business leaders from the international and local markets. [41]

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References

  1. ↑ "LIFE COACH, LANRE OLUSOLA, WIFE, CELEBRATES 19TH WEDDING ANNIVERSARY, SHARES SECRET OF HARMONIOUS MARRIAGE". Allure Vanguard. Retrieved May 29, 2020.
  2. ↑ "Transcorp Group announces significant new executive and non-executive board appointments". Nairametrics. Retrieved May 29, 2020.
  3. ↑ "Transcorp Hotels appoints Dupe Olusola as MD/CEO". Marketing Edge. Retrieved May 29, 2020.
  4. ↑ "Tony Elumelu: Building legacy of women empowerment for corporate leadership, management". Premium Times. Retrieved June 5, 2020.
  5. ↑ "LANRE OLUSOLA'S WIFE, DUPE, APPOINTED AS MD/CEO TRANSCORP HOTELS PLC". Allure Vanguard. Retrieved May 29, 2020.
  6. ↑ "Transcorp Hotels appoints Dupe Olusola as MD/CEO". Marketing Edge. Retrieved May 29, 2020.
  7. ↑ "New president appointed in Transcorp Group shake-up". The Cable. Retrieved May 29, 2020.
  8. ↑ "Transcorp Group Announces Significant New Executive and Non-Executive Board Appointments". Transcorp Hotels. Retrieved May 29, 2020.
  9. ↑ "UBA:Dupe Olusola , An Asset And Inspiring Head of Marketing". The Value News. Retrieved May 29, 2020.
  10. ↑ "INTERVIEW: CEO OF TERAGRO, DUPE OLUSOLA IS TAKING THE POSITION TO NEW HEIGHTS". Ventures Africa. Retrieved May 29, 2020.
  11. ↑ "MOST INFLUENTIAL NIGERIAN CEOS OF 2015". Ventures Africa. Retrieved May 29, 2020.
  12. ↑ "Olusola, Agbaje, Dangote among 2015 Most Influential CEOs". Guardian. Retrieved May 29, 2020.
  13. ↑ "Nigeria: Dupe Olusola new Managing Director / CEO of Transcorp Hotels Plc". African Shapers. Retrieved May 29, 2020.
  14. ↑ "Alumna Dupe Olusola". Facebook University of Leicester Alumni. Retrieved May 29, 2020.
  15. ↑ "48 Women Who Are Champions of Nigeria's Banking Industry Get to Know Them". Bella Naija. Retrieved May 29, 2020.
  16. ↑ "Dupe Olusola Profile". Bloomberg. Retrieved June 6, 2020.
  17. ↑ "48 Women Who Are Champions of Nigeria's Banking Industry Get to Know Them". Bella Naija. Retrieved May 29, 2020.
  18. ↑ "INTERVIEW: CEO OF TERAGRO, DUPE OLUSOLA IS TAKING THE POSITION TO NEW HEIGHTS". Ventures Africa. Retrieved May 29, 2020.
  19. ↑ "Transcorp Plc Agribusiness Subsidiary Invests in International Grade Extraction Cup". All Africa. Retrieved June 6, 2020.
  20. ↑ "Teragro acquires extraction cup technology to improve juice quality". Businessday. Retrieved June 6, 2020.
  21. ↑ "INTERVIEW: CEO OF TERAGRO, DUPE OLUSOLA IS TAKING THE POSITION TO NEW HEIGHTS". Ventures Africa. Retrieved May 29, 2020.
  22. ↑ "Transcorp Plc Agribusiness Arm Partners With Coca-Cola on New Five Alive Pulpy Orange Juice". Transcorp Nigeria. Retrieved May 29, 2020.
  23. ↑ "Coca-Cola launches New Five Alive Pulpy Orange Juice". Eagle Online. Retrieved May 29, 2020.
  24. ↑ "UBA encourages Active Savings amongst Students & Corps Members with its Revamped 'NextGen' Lifestyle Account". Bella Naija. Retrieved June 6, 2020.
  25. ↑ "UBA Plc Annual Reports and Accounts 2018" (PDF). UBA Group. Retrieved May 29, 2020.
  26. ↑ "FEMALE CHAMPIONS IN THE BANKING SECTOR". Inspired by Glory. Retrieved May 29, 2020.
  27. ↑ "UBA Marketing Chief Becomes Transcorp Hotels MD/CEO". Businesspost. Retrieved May 29, 2020.
  28. ↑ "New president appointed in Transcorp Group shake-up". The Cable. Retrieved May 29, 2020.
  29. ↑ "Dupe Olusola Profile". Bloomberg. Retrieved June 6, 2020.
  30. ↑ "Transcorp Group announces significant new executive and non-executive board appointments". Nairametrics. Retrieved June 6, 2020.
  31. ↑ "Transcorp Group Announces New Board Appointments". Thisday. Retrieved June 6, 2020.
  32. ↑ "TRANSCORP HOTELS : Group makes key board appointments". Marketscreener. Retrieved June 6, 2020.
  33. ↑ "Osinbajo, Gbaja present as Transcorp Hotels launches 'Aura' hospitality app". TheCable. Retrieved September 6, 2021.
  34. ↑ "SATURDAY LOVING: Lanre Olusola's wife, Sexy Puff @ 40 – All the Glam Pictures". Glazia. Retrieved May 29, 2020.
  35. ↑ "Popular relationship, life coach and wife celebrate 16th wedding anniversary". Pulse. Retrieved May 29, 2020.
  36. ↑ "Leading Ladies Africa Nigeria's 100 most inspiring women in 2019". Guardian. Retrieved May 29, 2020.
  37. ↑ "UBA's Dupe Olushola among Nigeria's 100 most inspiring women in 2019". Pulse. Retrieved May 29, 2020.
  38. ↑ "MOST INFLUENTIAL NIGERIAN CEOS OF 2015". Ventures Africa. Retrieved May 29, 2020.
  39. ↑ "SAWIL". SAWIL. Retrieved December 8, 2021.
  40. ↑ "100 Most Powerful People in Africa Hospitality". LinkedIn. Retrieved October 8, 2022.
  41. ↑ "Africa Hospitality Investment Forum". AHIF. Retrieved December 9, 2022.
Business positions
Preceded by Chief Executive Officer of Transcorp Hotels plc
2020–present		Incumbent
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