Owen Diana Omagiafo – The youngest CEO at a top company that is listed on NGX

A new appointment was made just as Nigeria was coming to terms with the fact that there was a Coronavirus pandemic in her country. Owen Diana Omogiafo was announced as the first female President/Chief executive officer of Transcorp Group. She also became the youngest CEO for a company that is listed on the Nigerian Exchange Group with this announcement. This was the perfect ending to a career that has spanned two decades and involved hard work, dedication, and diligence.

Owen OmogiafoOwen Diana Elaiho, was born May 28, 1980 in Benin City (in what was then the Bendel State). She received her early education at the University of Benin (UNIBEN), Demonstration Secondary Schools UDSS, Benin City. She was born in Benin and raised there, so it was an easy decision to continue her education at the University of Benin and get a B.Sc. Sociology and Anthropology.

She then went on to the London School of Economics and Political Science to complete a Masters in Human Resources. Later, she attended the Lagos Business School as well as the IESE Business School in Spain.

Start of a career…

Owen began her career at Bond Bank as a relationship manager in 2003. After a year, Owen moved to Accenture in 2004 to become the Organisation and Human Performance Consultant (specializing on Change Management). She worked for Accenture on a variety of projects, with clients from the public and private sectors.

Owen joined the United Bank for Africa in 2008 as the HR Advisor to the GMD/CEO. From here, Omogiafo’s career trajectory took a more steady turn. Omogiafo was a UBA employee for two years before moving to Heirs Holdings Ltd as the HR Director and Director for Resources. She was responsible for creating structures that allow for optimal man-machine engagement and deployment within the company. Omogiafo was promoted to Chief Operating Officer (COO), of the Tony Elumelu Foundation. She was an integral part of the team responsible for the $100m Programme, which was designed to identify, mentor, and fund 10,000 entrepreneurs over a period of 10 years.

In July 2018, she was appointed as Transnational Corporation of Nigeria’s Executive Director, Corporate Services. Later, she was named to manage Transcorp Hotels Plc’s flagship Transcorp Hilton Abuja and Transcorp Hotels Calabar.

She was appointed President and Group CEO of Transcorp Group on March 25, 2020. She is now the President and Group CEO of Transcorp Group, a conglomerate that includes Power, Hotels, Upstream oil and gas assets, as well as several subsidiaries, including Transcorp Power, Transcorp Hilton, Heirs Holdings Limited, and Transcorp Power. Omogiafo is the youngest CEO of the Nigerian Stock Exchange and the first female to hold the Transcorp position.

Awards and other interest

Owen Omogiafo has been praised for her achievements. She was named as one of Africa’s 100 top female CEOs and has received several other awards.

Business Day (Nigeria), Women’s Hub named Omogiafo among the 50 Most Inspiring Nigerian Women. Omogiafo was included in the YNaija – Power List for Corporate Nigeria 2018 and the 50 Leading Ladies In Corporate Nigeria (compiled by Leading Ladies Africa).

She is a member of several boards, including Transcorp Power Limited, Transcorp Hotels Plc, and Avon Healthcare Limited. As a Non-Executive Director, she also sits on the Board’s Finance, Investment & Risk Committee and Audit & Governance Committee.

Omogiafo serves as a member of APGC’s Board of Trustees. She is a member of Chartered Institute of Personnel and Development in the UK and a certified change manager with the Prosci Institute in the USA. She is a member of Nigeria’s Institute of Directors (IoD).

She is considered to be one of Nigeria’s most outstanding CEOs at just 40 years old. Her unwavering determination in building her career over the past two decades is admirable. It is inspiring to know that all of this was accomplished before she turned 40.

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