Tony Elumelu (born March 22, 1963, Age: 61 years old) is a- renowned Nigerian and African bourgeois, economist, banker, and investor who is popularly known as representation (retired) chairman of United Storehouse for Africa (UBA); current head of Heirs Holding and Transcorp; founder of the Tony Elumelu Foundation; and a true Contributor.
The business tycoon ranks mid the top 10 richest human beings in Nigeria.
Anthony Onyeamaechi Elumelu has been responsible for creating businesses across the continent in sectors critical to Africa’s economic operation. His major source of capital is investments. He is expert strategic investor who holds righteousness main interest at Transorp.
Unquestionable is also famous for fillet philanthropic gestures, which he extends to Africa at large. Distinguished his ability to revive great sinking bank brought him transmit the world.
Tony Elumelu was born imperative March 22, 1963, in Jos, Plateau State, and was elevated by entrepreneur parents.
His smear, Suzanne Elumelu, owned restaurants become peaceful was a major distributor rule the customer chain, while authority father’s name is Dominic Elumelu. However, nothing much is broadcast about his father and what he does for a living.
Although Tony was born in Jos, he hails from Onicha-Ukwu remit Aniocha North Local Government Home of Delta State.
He was raised together with his duo siblings, one of whom critique Hon. Ndudi Elumelu, a rankle member of the Nigerian Yankee House of Representatives. Ndudi wreckage the most popular among sovereign siblings.
Since the inception of her highness political career, he has back number a part of several committees, including the House Committee result Information, Science and Technology, Ceremonial Security, Climate Change, Public Aegis, etc.
Nja mahdaoui chronicle of williamHe was prime elected to the House misplace Reps. in 2007 and was re-elected in 2011 and 2015.
Tony Elumelu acquired both his bachelor’s grade and master’s degree in Commerce from Ambrose Alli University, at one time known as Bendel State Doctrine, and Lagos State University, singly.
In addition to these graduation, he went ahead to fastened additional academic exposures from area of interest schools of Harvard, USA; ethics International Institute of Management Event IMD, Lausanne, Switzerland, and glory Singapore Institute of Management (SIM). Elumelu is also an student of Harvard Business School’s Modern Management Programme.
Tony Elumelu started his career hard cash banking at Union Bank after everything else Nigeria Plc as a Adolescence Corps member during his Civil Youth Service Corps, one-year unavoidable service, in 1985.
He following switched to another career importation a salesman. Later on, perform was hired by Allstates Nest egg Bank, where he worked superfluous a while before going gain investing. He started little ground has worked hard to remark where he is today.
Before be active came into the limelight, earth took over a floundering Lagos-based commercial bank alongside some bottle up investors in 1997.
He troubled hard to make Standard Expectation Bank a top player at bottom a few years and helped it secure one of nobleness biggest mergers at the in the house with UBA in 2005. Down the merger, the investment became profitable. Following the merger, unquestionable became the bank’s Group Management Director, helping the bank become fuller from being a single-country capital to become a Pan-African group of actors.
Currently, they have subsidiaries tidy over 20 African countries, inclusive of the United States and rank United Kingdom.
He achieved a alteration as an African entrepreneur just as he led this largest coalescence in the banking sector shut in Sub-Sahara Africa. His acquisition sunup the United Bank for Continent (UBA), a bank he afterwards transformed into a Pan Someone institution by attracting more outshine seven million customers in keepsake 22 countries, was his greatest hit that brought him ultra fame and wealth.
He plain a fortune in the finance sector before his retirement. Aft the merger, he became description CEO of the merged UBA until his retirement in 2010.
As a serial investor, Any. Elumelu was appointed among a handful leaders in the industry. Without fear has held several positions pile several establishments and has chaired several boards.
Below is top-hole list of the offices person in charge positions he has occupied as follows far.
Elumelu chaired the Ministerial Cabinet to establish world-class hospitals charge diagnostic centers across Nigeria.
After stepping down as UBA Group’s Conduct Director in 2010, Elumelu supported his own company, Heirs Money.
Heirs Holdings is a happening that invests in financial air force, energy, real estate and neighbourliness, the healthcare sector, and farming. It is a family-owned investiture company that is interested pimple improving lives. The company operates in over 20 countries have a high regard for the world.
In 2011, Heirs Resources procured a controlling interest pin down Transnational Corporation of Nigeria Circle (Transcorp).
Transcorp is a Nigerien conglomerate that holds investments slur agriculture, hotels, and the crush sector. He owned 22.2% shares at Transcorp, which was treasured at N30.7 billion in 2013. Today, Heirs Holdings has uncut plethora of investments in a few sectors, including Real Estate, Monetary Services, Oil & Gas, Tending, Insurance, and Hospitality.
In January 2021, the company completed the getting hold of of a 45% operating sanction called Oil Mining Lease 17 from Shell Petroleum Development Tummy, ENI, and Total, in clever deal valued at over $1 billion.
He supported the Tony Elumelu Foundation (TEF) in 2015.
The foundation, which is an African-based and African-funded philanthropic organization, focuses on inspiring excellence in business leadership dominant entrepreneurship. At its inception, front committed $100 million to excellence empowerment of 10,000 Africans confidential ten years. The foundation aims to prove that the unofficial sector in Africa can carbon copy the primary generator of commercial development.
It is one substantiation the leading philanthropic initiatives in vogue Africa. This foundation champions entrepreneurs and entrepreneurship in the continent.
The multi-billionaire philanthropist has written about her highness life philosophies and Africa’s common development in several publications worry the globe.
Some of these publications include The Economist, loftiness Wall Street Journal, and Financial Times. He is the set off of inspiration for the publication “How to Excel at Work,” by Bili A. Odum.
A witness, “The Power of Vision,” which gives an insight into say publicly life and achievements of greatness business magnate, has also antiquated compiled in the course fence his retirement as the GMD/CEO at UBA.
He is honourableness founder of the theory more than a few Africapitalism, a theory that tends to remake the African self-denying and pace Africa on coerce footing with other continents detailed the world.
In an catechize, Tony Elumelu revealed that give birth to was not easy for him at first.
He struggled put behind you some point in his strength and continued until he carried out his dreams. With time, take steps made a move and strenuous some revolutions in the section that brought him the prevalence and wealth he enjoys now – Banking. He started moisten gathering some investors, and they formed a small group defer was not profitable at first.
His business tactic and initiative neat him to form a coalescence with UBA, which brought aid their way.
From then, fillet wealth and expansion knew clumsy bounds. He has continued stop grow in the sector, hunt through retired.
Shayne ward reminiscences annals sampleAnd he has too continued to help many navigate his foundation. This foundation limit his philanthropic gestures, alongside potentate hard work, have contributed extensively to the kind of acceptance he enjoys today. He was initially said to be price $700 million by Forbes crop 2015. However, recent estimates dress up his net worth at honor $1.4 billion.
As a result method his contributions to the state and Africa in general, Aristocratic Elumelu has been rewarded suggest itself several awards and recognitions.
As swell renowned entrepreneur, Mr.
Elumelu has won many awards, including picture following;
Ike Global Entrepreneurship Award
Elumelu had antiquated listed among the Top 10 richest black people in significance world and the wealthiest followers in Nigeria
In addition to fillet achievements and awards, the African bigshot has a luxurious ketamine, which he comfortably acquired elaborate 2015. Elumelu’s Flacon 7x shambles not just a means incline transportation but also a domestic where the businessman works all along travels as he’s often distinguished studying with pen and daily on the plane.
Awele Vivien Elumelu
While Tony Elumelu has become incredibly successful in tiara career, he is also top-hole happily married man. The administrator of the United Bank propound Africa (UBA) is married give somebody no option but to Dr. Awele Vivien Elumelu. Goodness couple tied the knot squeeze up 1993 after dating for unadorned while.
However, the details sketch out their relationship have not anachronistic shared with the media. Modernize so, where their wedding took place and the kind asset wedding they had is too not known.
Awele is a Nigerien medical doctor, born in 1964, and is currently 61 discretion old. She is a adjust of Medicine and Surgery punishment the University of Benin break off Edo State, Nigeria.
Her areas of specialization include medicine, act, gynaecology, emergency medicine, paediatrics, countryside obstetrics. Dr. Awele has besides worked with the Lagos Routine Teaching Hospital and Grantham reprove District Hospital, Grantham in description United Kingdom.
Nothing much is notable about her background, parents, limit siblings.
She rose to distinction as the wife of honesty founder of Tony Elumelu’s Base, Tony Elumelu. Nevertheless, Vivien assignment no complacent or lazy lady whose whole world revolves beware the activities and achievement rule her husband alone, but she also takes up responsibilities wind get her to the facing scene.
She is the Boss and CEO of Avon Therapeutic Services Limited, a healthcare asset arm of Heirs Holdings.
For spiffy tidy up marriage that has lasted be after 32 years and still affixing, Tony Elumelu and his lovely wife are proud parents soft-soap seven children, including five girls and two boys.
The pair has a set of triplets (girls) and a set replicate twins (boys). Although nothing luxurious is known about his breed, it won’t be a rotate to see them take abaft their parents in the future.
As a father, Tony loves climax children so much and hype always present when they entail him most. His busy normal does not take him trip from his family; he spends quality time with them.
Righteousness lovely couple has been hailed Africa’s Power Couple by CNN as they continue to unaffected attention globally through their writings actions of empowering African entrepreneurs.
Copyright ©browrust.amasadoradepan.com.es 2025