Dupe Olusola: female CEO with a passion for family and female leadership

As International Women’s Week draws to a close, when the world comes together to celebrate women who “break prejudice” (this year’s theme), we felt it necessary to celebrate a total reflection of Nigerian women who besides being a great business executive is a passionate mother and wife.

In today’s corporate world, maintaining a work-life balance is always a hot topic, especially for women who bear children, breastfeed them and are very often the primary caregivers. of these children.

Many women have had to sacrifice their careers for their families or postpone their career dreams until the children are older and a bit more independent. It is therefore remarkable to see women who have not only balanced their careers and personal lives, but who have also excelled and reached the peak of their careers while being fully involved in the care of their families.

Dupe Olusola, MD/CEO of Transcorp Hilton, is one such woman. Described by Venture Africa as a “woman going into business, and a follower of high standards,” she is recognized for her administrative skills and her passion for female leadership, both in business and in the corporate world.

She became the second female MD/CEO of Transcorp Hotels on February 12, 2020. Her work-life balance, despite her many appointments and high administrative roles, makes her a strength and an inspiration to women who want to have it all. . She showed us that African women don’t have to give up their families for a career and that with hard work and dedication, the two can co-exist.

His academic career

Dupe was born in 1974 in Lagos State, Nigeria. In 1985, she was enrolled at Queens College, an all-girls college in Lagos, and in 1991, she graduated and obtained her GCE O Levels.

  • In 1993, after graduating from university, Dupe enrolled at the University of Leicester, UK, where she studied economics and graduated with a Bachelor of Arts in 1996.
  • That same year, she completed her MA at the University of Kent at Canterbury where she completed her MA in Development Economics.

Journey into the corporate world

  • Dupe Olusola started at Bloomberg, a software, data and media company, while still in the UK.
  • Her next job was with Northern Trust, an investment bank in London, after which she returned to Nigeria to start what was to be an incredible corporate career.
  • In Nigeria, she worked at Sectrust (now Afriinvest), before leaving to take up a position as an SME manager at private equity firm African Capital Alliance, a position she held for five years.
  • In 2008, she returned to United Bank for Africa in Investor Relations, then joined Transcorp Nigeria in 2010, where she took a position as Resource Manager for 4 years and 10 months.

Leadership positions

Dupe Olusola, the charismatic ebony-skinned executive, has been appointed managing director of Teragro, an agribusiness subsidiary of Transcorp Nigeria. She held the position for one year and six months and was named one of Ventures Africa’s 10 Most Influential Nigerian CEOs.

  • In 2016, she returned to UBA where she served as Head, Embassies, Multilateral and Development Organization, and Group Head of Marketing.
  • After working for UBA for three years and seven months, she returned to Transcorp in 2020 where she was named MD/CEO of Transcorp Hotels, making her the company’s second female MD.

Achievements and recognitions

As CEO of Teragro, she achieved significant milestones.

  • She was responsible for the acquisition of two agricultural lands in Benue State in Nigeria, which were used for the cultivation of citrus fruits.
  • She also negotiated an agreement between Coca-Cola and Teragro to produce for Five Alive Pulpy Orange Juice, making the company the sole source of local material for the juice.

In his current role as MD/CEO of Transcorp Hotels:

  • She launched Aura by Transcorp, a digital platform that connects people to unique accommodation, great food and experience. The platform, which is a new subsidiary of Transcorp, was launched under its asset-light model, leveraging technology to provide genuine hospitality for all.

For her immense contribution to the business world, she has received several distinctions:

  • She was listed among the 100 Most Inspirational Women of YNaija in Nigeria.
  • In 2014, she was named one of Venture Africa’s Top 10 Most Influential CEOs.
  • She was ranked among the top 4 women in Africa under the Strategic Women in Africa Award (SAWIL) in 2021.

Modupe, a family woman

Modupe married her husband, Lanre Olusola, in 1999 and she is the mother of two daughters. While many would expect her work and ambition to keep her from having a social life, that is not the case.

The general manager makes time for an active social life; she spends time with her family and is very active on social media platforms, especially on Instagram where she posts photos and Reels that look great in pairs of six inch heels.

She is quoted for saying “Slow down and enjoy your time at college. If you’re not sure about something, ask questions. If you’re having trouble, don’t give up.

She is interested in volunteering as she founded a non-profit organization, Forty for Good in January 2014.

Not only does she have a passion for business and women’s empowerment, especially for women in leadership positions, but she is also passionate about economic development in developing countries.

Mara R. Wilmoth