The immediate past CEO of Transcorp Plc., Mr. Valentine Ozigbo, has won the ticket of the Peoples Democratic Party (PDP), for the Anambra State governorship election billed for November 6, 2021.
Ozigbo got 62 votes to defeat his closest rival, Obiora Okonkwo who got 58 votes. Senator Uche Ekwunife had 44 votes to place third; Winston Use, 12; Chris Azubogu, 10; Godwin Maduka, 5 and Genevieve Ekwochi, 3.
Walter Okeke and Chidi Onyemelukwe had two votes respectively.
There were three void votes out of the 197 delegates comprising mainly of statutory delegates.
Ozigbo will face former Central Bank of Nigeria governor, Professor Charles Soludo, who emerged candidate of the All Progressive Grand Alliance (APGA) – the ruling party in the state – on July 23, among other candidates in November 6, 2021 governorship election.
PROFILE OF VALENTINE OZIGBO
Valentine Chineto “Val” Ozigbo (born July 20, 1970) is a Nigerian politician and business executive. He is the immediate past President and Chief Executive Officer of Transnational Corporation of Nigeria plc (Transcorp), a diversified conglomerate with strategic investments and core interests in the hospitality, agribusiness and energy sectors. He was appointed to the position in 2019.
Previously, Ozigbo worked as Managing Director and Chief Executive Officer of the Nigeria-based hospitality company, Transcorp Hotels Plc. Transcorp Hotels is the hospitality subsidiary of Nigerian conglomerate Transcorp. He also worked in the banking sector, gaining over 17 years of experience with NAL Merchant Bank, Diamond Bank, Continental Trust Bank, FSB International Bank, Standard Trust Bank, United Bank for Africa and Bank PHB.
Ozigbo hails from Anambra State in the South-Eastern part of Nigeria. He attended Christ the Redeemer College, a secondary school in Amesi, Anambra State, where he was an outstanding student, having represented the college in various quiz competitions. He later taught Physics and Mathematics at this institution while awaiting University admission.
He studied Accounting at the University of Nigeria, Nsukka graduating with the class of 1994 with the best result in both Accounting and Business Administration.
He obtained his MBA in Banking and Finance from the University of Nigeria, Nsukka in 2000 and an MSc in finance with distinction from the Lancaster University, United Kingdom in 2004.
Ozigbo has professional qualifications in accounting (The Institute of Chartered Accountants of Nigeria) which he obtained in 1998, Taxation (The Chartered Institute of Taxation of Nigeria) gotten in 2000 and Credit Administration (Institute of Credit Administration) which he bagged in 2015. He is a fellow of all these three institutions.
Previously, Ozigbo worked in the banking sector, racking up over 17 years in experience with NAL Merchant Bank, Diamond Bank, Continental Trust Bank, FSB International Bank, Standard Trust Bank, United Bank for Africa and Bank PHB.
As CEO of Transcorp Hotels, he oversaw the hotel’s expansion to other cities across Nigeria and a consolidation of its status as the leading hotel in the country. Under him, the company announced an N8 billion initial public offering (IPO) in 2014, which was oversubscribed.
Ozigbo served as Managing Director and Chief Executive Officer of Transcorp Hotels Plc. from October 2011 – December 2018. In this role, he provided strategic direction and drove the execution of key strategic goals of the company and its projects under management which included business expansion, merger and acquisition opportunities, business improvements, upgrade and renovations.
He was also responsible for developing five new projects worth over $500 million including two hotels in Lagos and Port Harcourt, a 5000-capacity conference facility, luxury apartments and the upgrade of existing hotels with additional retail facilities.
Ozigbo was a British Chevening Scholar in 2003–04. He has also participated in many international conferences including: the World Economic Forum at Davos (WEF) and the World Economic Forum on Africa (WEFA) in Nigeria; the African Development Bank annual meetings in China; the World Bank/ International Monetary Fund (IMF) annual meetings in Washington DC; Euromoney and Economist Conferences in London; Euromoney debates on Capital Flows to Africa in London; and SIBOS 2009.
In September 2018, he conferred the award of a Distinguished Alumni of the Lancaster University. The award was conferred on him at a special convocation ceremony of the university held at its Ghana Campus.
In recognition of his accomplishments as a Nigerian business executive, Nairametrics published an article declaring him the village boy turned world-class CEO.
1992/1993 Faculty Prize for Best Final Year Student, Faculty of Business Administration;
1992/93 Departmental Prize for Best Final Year Student in the Department of Accountancy, 1992/93 session University of Nigeria; 1992/93 Nigeria Deposit Insurance Corporation (NDIC) Prize to the Best Graduating Student in Accountancy University of Nigeria; 1992/93 Peter Ajose Alli-Idowu Prize to the Best All-Round Student in Accountancy, 1992/93 Session Peter Ajose Alli-Idowu; 2015 State Patron-Ship Hatman Hospitality and Tourism Management Association of Nigeria; 2016 Service Excellence (Hospitality and Tourism Sector Excellence) Institute for Service Excellence and Good Governance – Confers; 2016 Seven Stars CEO of the Year Seven Stars Luxury Hospitality and Lifestyle Awards; 2018 Outstanding Leadership in Hospitality Operations and Management Awards National Tourism Transport Summit and Expo Awards; 2018 Tourism Personality of the year; 2018 Miss Tourism Nigeria; 2018 Excellence in Hospitality Awards Nigeria Bar Association; 2019 Seven Stars Personality of the year Seven Stars Luxury Hospitality and Lifestyle Awards.
Ozigbo is the last child of Mr. Andrew Ozigbo (a retired school headmaster) and Christiana Ozigbo (a small businesswoman). He is married to Mary-Callista Ojiugo Ozigbo with whom he has three sons (Mario Obioma Ugochukwu, Chimdi Angello and Mitchel Chima) and one daughter (Valerie Chioma).