Muyiwa Akinyemi Joins Transcorp Hotels Board of Directors

Muyiwa Akinyemi has been appointed as an independent non-executive director on the board of Transcorp Hotels Plc, effective April 1, 2026. This appointment is subject to ratification at the company's next general meeting of shareholders.

Akinyemi brings over three decades of experience in Nigeria's financial services sector, covering wholesale and retail banking, investment banking, and capital market strategy. He recently served as the Deputy Managing Director at United Bank for Africa (UBA) Plc, overseeing the bank's operations across Nigeria, including corporate banking and retail divisions.

Akinyemi is a member of the Institute of Chartered Accountants of Nigeria (ICAN) and holds memberships in the Chartered Institute of Bankers of Nigeria and the Chartered Institute of Stockbrokers. He earned a B.Sc. in Accounting from Obafemi Awolowo University and completed an advanced executive program at the University of Chicago Booth School of Business, Cambridge University, and Harvard Business School.

Dr. Mr.

Awel V. Elumelu, the Chairman of the Board at Transcorp Hotels Plc, welcomed Akinyemi, emphasizing the strategic expansion phase of the company and the value of his experience.