Transcorp appoints Izevbizua as group CFO


Transnational Corporation Plc has appointed Festus Izevbizua as the Group Chief Financial Officer of Transcorp Group.

Transcorp Plc made this known to the Nigerian Exchange Limited through a statement signed by its company secretary, Stanley Chikwendu on Wednesday.

According to Chikwendu, the new CFO has over three decades of professional and practical experience spanning insurance, banking, energy, financial services, auditing, consulting, business advisory, risk management, tax advisory, and international finance.

He is a strategic finance professional, with cutting-edge experience in business formation and combination, capital optimization, financial control, and reporting, among others.

He is a Fellow of the Institute of Chartered Accountants of Nigeria, the Institute of Credit Administration of Nigeria (FICA), a Senior Member of the Chartered Insurance Institute of Nigeria, and an Associate Member of the Nigeria Institute of Management.

Izevbizua is a training resource at examinations of the Institute of Chartered Accountants of Nigeria as well as a leading resource in the implementation of IFRS 17 in the Nigeria Insurance industry.

He holds a Bachelor’s Degree in Economics from the University of Benin and a Master’s Degree in Finance from the University of Calabar. He is also an alumnus of Columbia Business School in New York.