Mr.Tony O Elumelu
Trending Story

Business Leader and Philanthropist Tony Elumelu to Receive Honorary Doctor of Business from BUK

135

The Chairman of Heirs Holdings Mr. Tony Elumelu will receive an honorary doctorate of Business from the Bayero University Kano, (BUK).

Mr. Elumelu will receive the honor on June 15, 2019 at the University’s Convocation Arena.

The university’s request to recognize Elumelu with the degree was approved by both the Senate and the Governing Council of the university.

The honor is in recognition of your innumerable and worthy contribution to the country as an economist, an entrepreneur, and a philanthropist, said Professor Muhammad Yahuza Bello, Vice-Chancellor in a letter addressed to Mr. Elumelu.

” Your philanthropic activities through the Tony Elumelu Foundation have reached every nook and corner of our nation and have impacted positively on many lives”.

” Your efforts in the area of entrepreneurship are making immense contributions to the economy”.

Elumelu, earned bachelor’s degree in economics from  Ambrose Alli University, Ekpoma, and a master of science degree from the University of Lagos. He also received a Master’s degree from Harvard Business School, Boston, Massachusetts.

Tony O. Elumelu is an investor and philanthropist. In 2011, he conceived the term Africapitalism, which has catalysed the African entrepreneurial landscape, positioning the private sector as the engine for growth and empowerment, and prioritising social and economic wealth creation.

 

Tony Elumelu Foundation

In 1997, Tony founded Standard Trust Bank, which grew to be thefifth ranked bank in a 90-bank industry, in 8 (eight) years.  In 2005, Tony led the merger between Standard Trust Bank and the United Bank for Africa (UBA), which at the time was sub-Saharan Africa ex South Africa’s largest financial services transaction.  He became chief executive of the new group, implementing a Pan-African strategy, that created one of Africa’s largest financial services groups.

He serves as the Chairman of the UBA Group, now present in twenty African countries, Paris, London and New York, and the only African bank with a deposit taking presence in the United States.

He is the Founder and Chairman of Heirs Holdings, a family-owned investment company, committed to improving lives and transforming Africa. Heirs Holdings’ portfolio spans the power, oil and gas, financial services, hospitality, real estate and healthcare sectors, operating in twenty-three countries worldwide.  He also chairs Nigeria’s largest quoted conglomerate, Transcorp, whose subsidiaries include Transcorp Power, the largest generator of electricity in Nigeria.

Tony is the most prominent champion of entrepreneurship in Africa.  In 2010, he created The Tony Elumelu Foundation, the leading philanthropic organisation empowering African entrepreneurs and promoting entrepreneurship in Africa.  The Foundation’s flagship initiative, the TEF Entrepreneurship Programme, is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs.  The Foundation’s mission is inspired by Tony’s economic philosophy of Africapitalism.

Tony sits on a number of public and social sector boards, including the international advisory board of the Washington DC based think tank, the Wilson Center, and on the board of UNICEF’s Generation Unlimited. Tony also serves on the Global Advisory Council of the Harvard Kennedy School’s Centre for Public Leadership.  He is a member of the World Economic Forum Community of Chairmen.

Leave a comment

Related Articles

EFCC sets up task force to combat dollarization of economy, mutilation of naira

The Economic and Financial Crimes Commission (EFCC) has announced the setting up...

How Bafarawa diverted N4.6bln from ex-NSA for prayers, election, acquire luxury vehicles

A startling revelation has been made about how a former governor of...

CBN redeploys 1,500 staff to Lagos

The Central Bank of Nigeria (CBN) says it has redeployed 1,500 staff...

AFCON: Pres. Tinubu says unimpressed with Super Eagles’ performance

President Bola Tinubu has expressed his displeasure over the performance of the...

I’ve not met a man kind enough to marry —Ini Edo

In a candid revelation, renowned actress, Ini Edo, has hinted about the...

Ogun CP visits shot Nollywood actor, Ijaduade, vows to punish trigger-happy cop

Nollywood actor and Director, Azeez Ijaduade, who was shot “accidentally” by a...

Breaking: Actor, Azeez Ijaduade, allegedly shot by policeman in Ogun

In a shocking incident that has sent shock waves to Yoruba section...

Fast and furious actor, Vin Diesel, accused of sexual assault

Vin Diesel, known for his role in the Fast & Furious Series,...

Anyone asking for money this festive season lacks conscience, fear God – Comedian AY

Amid Nigeria’s challenging economic downturn, renowned comedian, Ayo Makun, popularly known as...

Octogenarian actor, Dejumo Lewis, dies

Nollywood community was on Friday night thrown into grief as the news...

I’m lucky to have you as my wife, Lateef praises Mo Bimpe on 2nd wedding anniversary

Celebrating their second year wedding anniversary, Nollywood actor, Lateef Adedimeji, has expressed...

Frank Edoho faces backlash for controversial remarks on infidelity

Renowned media personality, Frank Edoho, is under fire after making contentious comments...

Youngi Duu: Portable admits to confrontation, claims disrespectful gesture triggered clash

MThe recent incident involving an alleged physical assault on the emerging music...

I’m grateful to God, fans, for successful career in 2023 – Davido

Nigerian music star, Davido, has taken to the social media to chronicle...

Mayorkun’s stolen jewellery: One recovered, reward offered for second piece — PSN exclusive

One of the two stolen jewellery belonging to popular artiste, Mayorkun, has...

Mayorkun’s Calabar performance turns nightmare as singer loses valuable pendant

Nigerian music sensation, Mayorkun,vis livid and frustrated after he reportedly lost a...

Kcee is selfish, wicked and has refused to pay royalties over 7 of my hit songs, Harrysong alleges

Singer Harrysong has voiced his concerns regarding the purported denial by Kcee,...

Fear grips Nigerian music community over spate of kidnapping of crews on highways

Barely 24 hours after the alleged kidnapping of an Abuja-based musician and...

Funke Akindele celebrates as ‘A Tribe Called Judah’ movie emerges biggest opening in West Africa

Leading filmmaker, Funke Akindele, is currently beaming with pride following the success...

How I overcame depression, marital woes, setbacks in Nollywood—- Emeka Ike

Veteran actor, Emeka Ike, has opened up about a prolonged period of...