Transcorp notifies NGX of Group CFO’s resignation

By Kayode Tokede

Transnational Corporation of Nigeria Plc (Transcorp) has notified the Nigerian Exchange (NGX) Limited of the resignation of its Group Chief Finance Officer, Mr Mutiu Bakare, with effect from Sept. 9, 2021.

The Group Company Secretary, Mrs Kofo Olokun-Olawoyin, disclosed the resignation  in a formal notice sent to the NGX Limited on Tuesday in Lagos.

“We write to formally notify the Nigerian Exchange Limited of the resignation of the Group Chief Finance Officer of Transnational Corporation of Nigeria Plc, Mr. Mutiu Bakare, with effect from September 9, 2021.

“Pending the appointment of a Group Finance Officer, Mrs. Oluwatobi Ojediran will assume the role in an acting capacity,” the notice read in part.

Ojediran, according to the notice, holds a Second-Class upper degree (B.Sc.) in Mathematics and Statistics from the University of Lagos, Nigeria.

With over a decade of professional experience, Ojediran started her professional career at KPMG Professional Services, where she provided accounting, audit and advisory services to clients.

“She subsequently worked at Intercontinental Hotel, as Finance Manager, gaining financial and operational experience in the hospitality industry.

“She has professional skills in financial and corporate reporting, budgeting, audit and investigation, IFRS advisory, financial modelling, and project management.

“She is a member of the Institute of Chartered Accountants of Nigeria (ICAN),” the notice read.