Transnational Corporation Plc (Transcorp), a prominent Nigerian Exchange-listed Company, has added two prestigious awards to its accolades at the 2023 World Business Outlook Awards. The ceremony, held at Marriott Marquis, Queen’s Park, Bangkok, Thailand, recognized Transcorp’s outstanding achievements in the business world.
Transcorp secured the title of Most Diversified Conglomerate in Nigeria 2023, emphasizing its capacity to excel across diverse sectors and navigate dynamic market landscapes. This recognition underscores the company’s resilience and strategic prowess in the face of evolving industry challenges. Additionally, Transcorp was honored with the award for Best Corporate Governance Company Nigeria 2023, affirming its commitment to transparency, ethical practices, and responsible corporate citizenship.
The company’s commitment to upholding the highest standards in corporate governance sets a benchmark for the industry, reflecting its dedication to fostering trust and accountability.
Transcorp continues to play a pivotal role in shaping the business landscape in Nigeria, contributing significantly to the nation’s economic development.
Transcorp Power Limited, one of the power subsidiaries under the Transcorp Group, also emerged as a notable winner at the World Business Outlook Awards.
The subsidiary achieved a remarkable feat by winning three awards: Leading Power Generation Company Nigeria 2023, Most Sustainable Power Company Nigeria 2023, and the former Managing Director/CEO, Christopher Ezeafulukwe, was honored with the title of CEO of the Year in the Power Sector Nigeria 2023.
The World Business Outlook Awards is highly esteemed globally, recognizing excellence across various industries. The selection criteria included profitability, geographic reach, business development, growth in assets, innovation, credit ratings, strategic relationships, and more.
Ujal Nair, the Editor of World Business Outlook, acknowledged the challenging task of selecting the best teams for the awards due to the exceptional efforts of companies worldwide.
“Our Honourable Jury were able to select the most deserved professionals and brands from across the globe,” Nair stated.
These accolades affirm Transcorp’s commitment to excellence, innovation, and responsible business practices. As a diversified conglomerate, Transcorp Plc continues to be a trailblazer, driving growth, and making substantial contributions to Nigeria’s economic landscape.