Tony Onyemaechi ELUMELU,

Biographical record

Surname

ELUMELU,

First Name

Tony

Other Names

Onyemaechi

Gender

Male

Date of Birth

22 March 1963

State of Origin

Delta State.

Place of Birth

Jos, Plateau State

Father's Name

Dominic Elumelu

Mother's Name

Suzanne Elumelu

Name of Spouse

Dr. Vivien Awele Elumelu (nee Ogbue), 1993

Number of Children (Male)

2

Number of Children ( Female)

5

Names of Children

7 children

Profession

Banker
Economist
Administrator

Working Experience

Operations and Foreign Exchange Department, Union Bank of Nigeria Pic, 1985-86
Financial Analyst, All States Trust Bank, 1988, Head, Energy/Export Unit, All States Trust Bank Limited, 1989-90, Head, Multinational Unit, Head Office, All States Trust Bank Limited, 1990, Port Harcourt Branch Manager, All States Trust Bank Limited, 1990-92, Port Harcourt Area Manager, All States Trust Bank Limited, 1992-94, Head, Corporate Banking/Head of Office Branch, All States Trust Bank Limited, 1994- 95,
Executive Director, Linkage Assurance Company Limited, 1995
Executive Director/CEO, Merchant Bank of Commerce Ltd, 1995-97
Managing Director/CEO, Standard Trust Bank ltd, 1997-2005
Group Managing Director, United Bank for Africa, 2005-2010
Director, Central Securities Clearing System Ltd
Trustee, Infant Jesus Academy in Delta State, Nigeria
Advisor, USAID's Private Capital Group for Africa (PCGA) Partners Forum.
Vice-Chairman, National Competitiveness Council of Nigeria (NCCN)
Co-Chair, Aspen Institute Dialogue Series on Global Food Security
Co-Chair, 26th World Economic Forum on Africa in Kigali, Rwanda, from 11 to 13 May 2016
Co-Chair, Africa Energy Leaders' Group (AELG)
Involved in the Tony Blair Africa Governance Initiative (AGI) under the partnership of the Blair-Elumelu Fellowship Programme
Chairman, Heirs Alliance Limited, Global Payments Services Limited, XL Logistics Company Limited
Chairman, TransCorp Hilton Hotel, 2005-
Non Executive Director, Africa Finance Corporation since May 16, 2007 - December 12, 2016
Director, The Corporate Council on Africa, May 2, 2013-
Non-Executive Director, BGL Limited, Standard Alliance Insurance Company Limited, Flame Petroleum and Gas Limited and BGL Securities Limited

Schools Attended with Dates

Bendel State University ( Ambrose Alli University), 1981- 85; University of Lagos, 1986-87; Harvard Business School

Educational Qualification

Elumelu studied Economics at Bendel State University (now Ambrose Alli University), obtaining a Bachelor of Science with a Lower Second Class (2:2). Afterward, obtained a Master of Science degree in Economics from the University of Lagos

Membership of Professional Bodies/Professional Qualifications

-West African Bankers Association, Nigeria Chapter;
-Chairman, Board of Directors, ValuCard Nigeria Plc, 2005-;
-Chairman, Board of Directors, Capital Leisure & Hospitality Ltd. (a subsidiary of Transnational Corporation Ltd. (Transcorp), 2005-;
-Member, Financial Institutions Training Center;
-Member, Presidential Committee of the Heart of Africa (Nigeria Image) Project;
-Member, Presidential Committee on Consumer Finance Scheme;
-Member, Presidential Committee on Outsourcing;
-Member, Presidential Committee on NEPAD;
-Member, Nigerian President's Agricultural Transformation Implementation Council (ATIC);
-Member, Global Advisory Board of the United Nations Sustainable Energy for All Initiative (SE4ALL);
-Member, World Economic Forum's Regional Agenda Council on Africa;
-Member, Bretton Woods Committee;
-Fellow, Nigeria Leadership Initiative (NLI);

Present Appointment

Chairman, Heirs Holdings, 2010- till date; Founder, The Tony Elumelu Foundation, 2010- till date; Chairman, Transnational Corporation of Nigeria Plc (Transcorp), 2011- till date; Chairman, United Bank of Africa, August 2014- till date.

Have you ever been a member of any political party?

N/A

Awards and Honours

• In 2003, the Federal Government of Nigeria granted Elumelu the title of Member of the Order of the Federal Republic MFR, a national honour.
• In 2012, he was awarded the National Honour of Commander of the Order of the Niger CON for his service in promoting private enterprise.
• He was awarded the Daily Times, Nigerian man of the year in 2016.
• In 2018 and 2019 he was awarded the All-Africa Business Leaders Awards (AABLA) Philanthropist of the Year Award
• Bayero University Kano (BUK) - Honorary Doctor of Business degree in 2019
• He was honored with the National Productivity Order of Merit Award in 2019.
• TIME magazine's 100 Most Influential People of 2020.
• On 11 October 2022, Elumelu received the National honour of Commander of the Order of the Federal Republic.

International/Foreign Decorations

-African Business Leader of The Year by Africa Investor magazine, 2008;
-African Banker of the Year by African Banker magazine, 2008;
-Africa's 20 Most Powerful People by Forbes magazine, 2012;
-"100 Most Influential Africans in Business";
-Leadership Award in Business and Philanthropy from the Africa-America Institute (AAI) Awards;
-African Business Icon at the 2013 African Business Awards;
-ESI-AFRICA "ESI Most Influential Figures in African Power" ;
- Lifetime Achievement Award, presented at the 5th edition of the annual Economic Forum of the Ivorian National Council of Employers, CGECI Academy, (CGECI) in Abidjan, 2016

Honourary Degrees and Awarding Institutions

-Honorary Doctorate of Science Degree from Benue State University .
-Honorary Doctorate of Business Administration from the University of Nigeria, Nsukka

Creative Work/Major Exhibitions

Tony Elemelu has written about his philosophy and the economic development of Africa for several publications around the world including The Economist, The Wall Street Journal and The Financial Times; and a book titled "The Power of Vision: Insights on TONY ELUMELU"

Notable Quotes

When my wife and I created the Tony Elumelu Foundation in 2010, we aimed to empower and improve young lives in a catalytic fashion, in a manner that helps Africa to develop from within. We believe that no one but us will develop Africa. We know where the shoe pinches us and how it feels. Thirteen years later, we are so excited to see these young Africans that we’ve supported over the years – how energetic they are, and how excited they are to contribute their own quota in helping to change and improve lives on the continent.

Other Relevant Information

(below is culled from http://www.heirsholdings.com/tonyelumelu/profile/ )
Tony is known for his significant contribution to entrepreneurship in Africa. In 2010, he created The Tony Elumelu Foundation, which has committed $100m in a 10-year programme to fund, mentor and train 10,000 African entrepreneurs. The Foundation’s mission is inspired by Tony’s economic philosophy of Africapitalism, which positions the private sector as the key enabler of economic and social wealth creation in Africa.

Email Address

[email protected]

Official Address

Heirs Place, 1 MacGregor Road, Ikoyi, Lagos, Nigeria

Source

https://en.wikipedia.org/wiki/Tony_Elumelu
https://www.africanleadershipmagazine.co.uk/tony-elumelu-60-the-story-of-a-colossus/
https://www.tonyelumelufoundation.org/founders-letter

Source

https://en.wikipedia.org/wiki/Tony_Elumelu, https://www.africanleadershipmagazine.co.uk/tony-elumelu-60-the-story-of-a-colossus/, https://www.tonyelumelufoundation.org/founders-letter