Transcorp Hotels’ billionaire board director, Alexander Adeyemi, quits

Alexander Adeyemi has quit his board director role at Transcorp Hotels Plc, five years after he was appointed as a Non-Executive Director.

Due to undisclosed reasons, Adeyemi exited the company and was replaced by Udechukwu Obi Osakwe on Friday, a corporate document obtained by Ripples Nigeria, dated February 16, 2023, revealed.

Prior to joining the board in 2019, Adeyemi was the Director, Revenue and Investment at the Office of the Accountant-General of the Federation.