Born 22 March 1963

Jos, Plateau State



B.Sc, M.Sc, MBA; Tony Elumelu is an Economist, Banker, Administrator, Entrepreneur, Investor, Businessman and Philanthropist. He is the Founder and Chairman of Heirs Holdings Ltd and also the Founder of The Tony Elumelu Foundation.
Gender: Male
Name of Spouse Dr. Vivien Awele Elumelu (nee Ogbue), 1993
State of Origin: Delta State.
Father's Name Dominic Elumelu
Mother's Name Suzanne Elumelu

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

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.

-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);

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

Member of the Order of the Federal Republic (MFR), 2003;
Commander of the Order of the Niger (CON), 2012

-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

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”

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

(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.

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