Dupe Olusola

Last updated

Modupe Olusola
Born (1974-09-26) September 26, 1974 (age 50)
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]
Children2
Website dupeolusola.com

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 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] During her 50th year birthday, she launched an NGO for the aim of educating vulnerable Nigerian children from low-income families. [36]

Honours

Related Research Articles

<span class="mw-page-title-main">Transnational Corporation of Nigeria</span>

Transnational Corporation plc, is a diversified conglomerate with strategic investments and core interests in the hospitality, agribusiness and energy sectors. A publicly quoted conglomerate with a diversified shareholders base of about 300,000 investors, its notable assets include Transcorp Hotels plc owner of Transcorp Hilton Hotel, Abuja and Aura by Transcorp Hotels; Transcorp Power Plc and Transcorp Energy Limited .. As at 2023, Transcorp Group’s market capitalization is in excess of N540bn.

Rattan Chadha was the founder and CEO of fashion brand Mexx until he sold it in 2004. Mexx had grown to 1,200 stores in 56 countries with annual sales of one billion euros and 6,500 employees.

<span class="mw-page-title-main">First City Monument Bank</span> Nigerian bank

First City Monument Bank (FCMB), a member of FCMB Group Plc, is a financial services holding company headquartered in Lagos. FCMB Group Plc has nine subsidiaries divided among three business groups: commercial and retail banking, investment banking, and asset and wealth management. As of December 2020, the group's total assets were valued at US$5 billion.

Susan E. Arnold is an American business executive who formerly served as the chairman of The Walt Disney Company.

<span class="mw-page-title-main">Zenith Bank</span> Nigerian commercial financial services company

Zenith Bank Plc is a major financial services provider in Nigeria and Anglophone West Africa, headquartered in Victoria Island, Lagos. It is licensed as a commercial bank by the Central Bank of Nigeria, the national banking regulator.

Olufemi Peter Otedola is a Nigerian businessman and philanthropist. He is the former chairman of Forte Oil PLC, and is the current executive chairman of Geregu Power PLC.

<span class="mw-page-title-main">Prithvi Raj Singh Oberoi</span> Indian hotelier (1929–2023)

Prithviraj Singh "Biki" Oberoi was an Indian hotelier. He was the executive chairman of the third-largest hospitality chain in India, the Oberoi Group, which runs a chain of luxury hotels under the Oberoi Hotels & Resorts and Trident brands.

<span class="mw-page-title-main">Tony Elumelu</span> Nigerian banker and philanthropist (born 1963)

Anthony Onyemaechi Elumelu is a Nigerian economist, banker and philanthropist. He chairs Heirs Holdings, Transcorp, United Bank for Africa (UBA) and is the founder of The Tony Elumelu Foundation.

<span class="mw-page-title-main">Heirs Holdings</span> African Holding Company

Heirs Holdings is a family-owned investment holding company headquartered in Lagos, Nigeria with investment interests in various sectors in Africa.

Olorogun O’tega Emerhor, born on November 25, 1957, in Evwreni, Ughelli, Nigeria is a Nigerian chartered accountant, politician, and businessman. He has had a successful career in the financial sector and has been actively involved in social and political activities.

<span class="mw-page-title-main">Transcorp Hotels plc</span>

Transcorp Hotels Plc, formerly Transnational Hospitality & Tourism Services Limited (THTSL), is the hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp), a conglomerate with interests in the power, hospitality, agriculture, and oil and gas sectors, headquartered in Lagos. It was listed on the Nigerian Stock Exchange in January 2015.

Benfruit Plant is a fruit-processing plant based in Benue State in Nigeria’s fertile middle-belt region. It is owned and operated by Teragro Commodities Limited, the agribusiness subsidiary of Transnational Corporation of Nigeria Plc (Transcorp), a Lagos-based conglomerate. It was established in 2011 as a result of a partnership between Teragro and the Benue State Government.

Valentine Chineto "Val" Ozigbo is a Nigerian politician and business executive. He is the immediate past President and Chief Executive Officer of Transnational Corporation of Nigeria plc (Transcorp), a diversified conglomerate with strategic investments and core interests in the hospitality, agribusiness and energy sectors He was appointed to the position in 2019.

Emmanuel Nwabuikwu “Emma” Nnorom is a Nigerian business executive. He is currently the group chief executive officer of Heirs Holdings, Chairman of Transcorp Hotels Plc and former president and chief executive officer Transnational Corporation of Nigeria Plc. He was appointed to the position in 2014.

Yvonne Manzi Makolo is a Rwandan IT specialist who serves as the chief executive officer of RwandAir, the national airline of Rwanda. She was appointed to that position on 6 April 2018. Prior to that, she was the Deputy CEO at the airline, responsible for corporate affairs, from April 2017 until April 2018.

<span class="mw-page-title-main">Sola David-Borha</span> Nigerian banker

Olusola "Sola" Adejoke David-Borha, is the former chief executive (CEO) of Africa Regions at the Standard Bank Group, a position she retired from in 2021. Currently, she is the Chairman of the Board of Stanbic IBTC Holdings. She was the CEO of Stanbic IBTC Holdings until January 2017 and was deputy CEO and executive director of corporate & investment banking. She was the CEO of Stanbic IBTC Bank Plc from May 2011 to November 2012, and was head of investment banking for Africa. She is the vice chairman of the Nigerian Economic Summit Group since 2015. She joined the board of IBTC in July 1994. She has been a non-executive director of Coca-Cola HBC AG since June 2015. She was a director at Stanbic IBTC Holdings PLC from 1994 to March 2017. She is a member of the governing council of the Redeemer's University.

<span class="mw-page-title-main">Sonia Cheng</span> Hong Kong businesswoman and socialite

Sonia Cheng Chi-Man is a Hong Kong business executive. She is the CEO of Rosewood Hotel Group and the executive director of the New World Development. She is also the vice-chairman of Chow Tai Fook Jewellery Group. She was also appointed as an independent non-executive director of The Hongkong and Shanghai Banking Corporation and a director of Primavera Capital Acquisition Corporation. She is the daughter of Hong Kong property developer Henry Cheng and granddaughter of real estate and jewelry billionaire Cheng Yu-tung.

<span class="mw-page-title-main">Owen Omogiafo</span> Nigerian Business executive (born 1980)

Owen Diana Omogiafo is a Nigerian business executive and strategist. She is the President and Group Chief Executive Officer of Transnational Corporation Plc, a diversified conglomerate with strategic investments in the Power, Hospitality and Oil and Gas sectors.

Chioma A. Mang, is a Nigerian lawyer and corporate executive, who serves as the chief executive officer and managing director of United Bank for Africa Uganda Limited since December 2020. Prior to then, she was the managing director and CEO of United Bank for Africa's subsidiary in Gabon.

Ogechi Adeola is a Nigerian business studies academic. She is the associate dean of business administration at the University of the People and associate professor of marketing at the Lagos Business School. In January, 2024. She was elected the Deputy Vice Chancellor of University of Kigali, Rwanda.

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. ↑ "Dupe Olusola Launches Foundation to Educate Vulnerable Children – THISDAYLIVE". www.thisdaylive.com. Retrieved October 18, 2024.
  37. ↑ "Leading Ladies Africa Nigeria's 100 most inspiring women in 2019". Guardian. Retrieved May 29, 2020.
  38. ↑ "UBA's Dupe Olushola among Nigeria's 100 most inspiring women in 2019". Pulse. Retrieved May 29, 2020.
  39. ↑ "MOST INFLUENTIAL NIGERIAN CEOS OF 2015". Ventures Africa. Retrieved May 29, 2020.
  40. ↑ "SAWIL". SAWIL. Retrieved December 8, 2021.
  41. ↑ "100 Most Powerful People in Africa Hospitality". LinkedIn. Retrieved October 8, 2022.
  42. ↑ "Africa Hospitality Investment Forum". AHIF. Retrieved December 9, 2022.
  43. ↑ "Leadership Awards: Dupe Olusola is CEO of the Year".
  44. ↑ "World's Best in Hospitality Honoured at Seven Stars Awards 2023 Event".
  45. ↑ "Dupe Olusola wins Guardian Wonder Women Award for Innovative Entrepreneurship".
  46. ↑ "AHIF Celebrating Outstanding Leaders in Hospitality".
  47. ↑ News, Leadership (October 18, 2024). "Dupe Olusola Named '7 Stars Woman Of The Year'" . Retrieved October 18, 2024.{{cite web}}: |last= has generic name (help)
  48. ↑ "Dupe Olusola Named Seven Stars Woman of the Year – THISDAYLIVE". www.thisdaylive.com. Retrieved October 18, 2024.
Business positions
Preceded by Chief Executive Officer of Transcorp Hotels plc
2020–present		Incumbent
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.