by Jeroslyn JoVonn
December 18, 2025
The seasoned healthcare government and philanthropist might be on the helm of a globally acknowledged luxurious model.
Dr. Awele Vivien Elumelu, Nigeria’s richest feminine investor, has been appointed chair of the board at Transcorp Inns Plc, considered one of Africa’s main hospitality corporations.
Transcorp Inns Plc, a number one Nigerian hospitality firm finest recognized for the Transcorp Hilton Abuja, introduced the appointment on Dec. 17, with Dr. Elumelu set to imagine the function on Jan. 1, 2026, Enterprise Insider Africa stories. Identified for her international well being advocacy and work advancing financial empowerment for girls and kids, the transfer marks a significant milestone, inserting a seasoned healthcare government and philanthropist on the helm of a globally acknowledged luxurious model.
Her appointment follows the deliberate retirement of present chair Emmanuel N. Nnorom. Her in depth resume in healthcare and enterprise management consists of serving as chair at Avon Healthcare Restricted, Nigeria’s main well being upkeep group, and Avon Medical Observe, a community of hospitals and clinics. She additionally leads Heirs Insurance coverage Brokers and is a founding director of Heirs Holdings Restricted, with government schooling from Harvard Enterprise Faculty, IMD Switzerland, and the London Faculty of Economics.
Elumelu’s appointment provides to her stake within the firm, giving her a 5.1% stake in Transcorp Plc, valued at about ₦87 billion ($230 million). The transfer underscores her rising affect in Nigeria’s male-dominated company sector.
Transcorp Inns, the hospitality arm of Transnational Company Plc, has seen its inventory rise 34.1% year-to-date, reaching a market capitalization of greater than ₦1.59 trillion ($1.1 billion). The corporate operates the Transcorp Hilton Abuja, Aura by Transcorp Inns, and the newly launched 5,000-seat Transcorp Occasion Centre, and earned a number of nationwide and worldwide honors this 12 months, together with recognition as Africa’s main enterprise resort and Nigeria’s high hospitality model.
As of late 2025, Dr. Elumelu is amongst Nigeria’s wealthiest feminine buyers, alongside Abolanle Matel-Okoh, Pleasure Teluwo, and Adaora Umeoji. Her husband, billionaire Tony O. Elumelu, based Heirs Holdings, a diversified group with pursuits in monetary companies, energy, oil and fuel, actual property, hospitality, healthcare, and expertise.
Her appointment as chair of Transcorp Inns strengthens the Elumelu household’s affect in Nigeria’s company sector, significantly in energy and power by means of Heirs Energies. Since buying a controlling stake in Transcorp Plc in 2011, they’ve expanded the corporate into the facility sector and elevated Transcorp Inns to a number one hospitality model in Nigeria and throughout Africa.
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