Modupe Olusola, widely known as Dupe Olusola, born on September 26, 1974, is a distinguished Nigerian business leader known for her impactful contributions to the hospitality, finance, and agribusiness industries. She is best known for her role as the Managing Director and CEO of Transcorp Hotels Plc, where her visionary leadership significantly advanced the company’s growth and earned her numerous prestigious awards.
Profile Summary
| Full Name | Modupe Olusola |
| Date of Birth | September 26, 1974 |
| Place of Birth | Lagos, Nigeria |
| Nationality | Nigerian |
| State of Origin | Lagos State, Nigeria |
| Spouse | Lanre Olusola (married 1999) |
| Children | 2 |
| Occupations | Business Executive, CEO of Transcorp Hotels Plc (2020–2024), Former CEO of Teragro Commodities Limited, Group Head of Marketing at United Bank for Africa (UBA) |
| Net Worth | $4.35 million |
Early Life and Education
Born in Lagos, Nigeria, Dupe Olusola attended Queen’s College, Lagos, completing her GCE O-levels in 1991.
She pursued higher education in the United Kingdom, earning a Bachelor’s degree in Economics from the University of Leicester in 1996.
She continued her academic journey at the University of Kent, where she obtained a Master’s degree in Development Economics in 1997.
Alongside her formal education, she has acquired professional certifications including Prince2, Project Management Professional (PMP), and Investor Management from the UK.
Career
Dupe began her career in the UK, working with Bloomberg and Northern Trust. Upon returning to Nigeria, she held positions at SecTrust (now Afrinvest) and African Capital Alliance, a leading private equity firm.
Banking and Agribusiness
In 2008, she joined United Bank for Africa (UBA) Group, initially handling investor relations before becoming Group Head of Marketing.
In 2014, she took on the role of CEO/Managing Director at Teragro Commodities Limited, the agribusiness arm of Transcorp Plc. There, she spearheaded major initiatives such as acquiring 10,000 hectares of farmland in Benue State and partnering with Coca-Cola to supply Five Alive Pulpy Orange Juice locally.
Leadership in Hospitality
Dupe returned to UBA in senior roles before being appointed Managing Director/CEO of Transcorp Hotels Plc in March 2020.
She managed prominent properties including Transcorp Hilton Abuja and launched the digital platform Aura by Transcorp Hotels. Her leadership resulted in substantial revenue growth, innovative customer experiences, and pioneering sustainability efforts.
Under her guidance, Transcorp Hotels’ market value increased significantly, with the company posting record revenues of N42.7 billion in 2023.
Personal Life
Dupe Olusola is married to Lanre Olusola, a respected life coach and motivational speaker, since 1999. They have two children together.
She hails from Lagos State, Nigeria.
Beyond her corporate achievements, Dupe is deeply committed to philanthropy and empowering women.
To mark her 50th birthday, she launched an NGO dedicated to providing education for vulnerable children from disadvantaged backgrounds.
Dupe Olusola Net Worth
While there is no publicly verified estimate of Dupe Olusola’s net worth as of 2025, her senior executive roles and successful career indicate a substantial personal wealth.
Honors and Awards
Dupe Olusola has received widespread recognition for her leadership and influence:
- Included in Ventures Africa’s “10 Most Influential Nigerian CEOs” (2015).
- Featured in Leading Ladies Africa/YNaija’s “100 Most Inspiring Women in Nigeria”.
- Ranked among the top 4 women in Africa by the Strategic African Women in Leadership (SAWIL) Awards (2021).
- Listed as one of the “100 Most Powerful People in Africa Hospitality” by the International Hospitality Institute (2022).
- Awarded CEO of the Year by Nigeria’s Leadership Newspaper and Seven Stars Luxury Hospitality and Lifestyle Awards (2023).
- Recipient of the Guardian Wonder Women Award for Innovative Entrepreneurship & Careers (2024).
- Honored with the Hospitality Leadership Award by the Africa Hospitality Investment Forum (AHIF).
- Inducted as “7 Stars Woman of the Year” into the Seven Stars Pantheon of Hospitality (2024).
Her career continues to inspire, marked by dedication to excellence, innovation, and the advancement of women in leadership roles across the continent.
