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2015-04-06T00:00:00.000Z

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Wrong Tony Elumelu?

Mr. Tony Elumelu O.

Chairman

Heirs Holdings Limited

Direct Phone: +234 *********       

Heirs Holdings Limited

1 Macgregor Road

Lagos, 234-1

Nigeria

Company Description

Heirs Holdings (http://www.heirsholdings.com) is a pan-African proprietary investment company driving Africa's development. We are active long-term investors who specialise in building businesses and corporate turnaround. We aim to transform the companies... more

Find other employees at this company (69)

Background Information

Employment History

Chairman
Transcorp

Chairman
The Tony Elumelu Foundation

Chairman
United Bank for Africa Plc

Group Managing Director and Chief Executive Officer
United Bank for Africa Plc

Affiliations

Founder
Heirs Holdings Limited

Board Member
Transcorp

Founder
The Tony Elumelu Foundation

Board Member
United Bank for Africa Plc

Education

Master of Science
Economics
University of Lagos

Bachelor of Science degree
Economics
Bendel State University



Harvard Business School

honorary doctor of science degree

Benue State University

M.Sc. Degrees
Economics
University of Lagos

B.Sc.
Economics
Bendel State University



IMD

Web References (153 Total References)


Sola David-Borha CEO, Stanbic ...

www.simonateba.com [cached]

Sola David-Borha CEO, Stanbic IBTC Nigeria; Tony O. Elumelu, CON Chairman Heirs Holdings; Hon. Minister of Power Chinedu Nebo, OON;  and Kunle Elebute, Head of Advisory Services, KPMG Nigeria; at the West African Power Industry Convention WAPIC) today at Eko Hotel in Lagos. | WAPIC 2014: Elumelu wants Power Transmission Company‎ privatised | Comments | Continue Reading →

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Sola David-Borha CEO, Stanbic IBTC Nigeria; Tony O. Elumelu, CON Chairman Heirs Holdings; Hon. Minister of Power Chinedu Nebo, OON; and Kunle Elebute, Head of Advisory Services, KPMG Nigeria; at the West African Power Industry Convention WAPIC) today at Eko Hotel in Lagos.
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Sola David-Borha CEO, Stanbic IBTC Nigeria; Tony O. Elumelu, CON Chairman Heirs Holdings; Hon. Minister of Power Chinedu Nebo, OON; and Kunle Elebute, Head of Advisory Services, KPMG Nigeria; at the West African Power Industry Convention WAPIC) today at Eko Hotel in Lagos.
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Lagos, (P.M.News), - ?Africa's business leader and Chairman of Heirs Holdings, Tony Elumelu, said on Tuesday that Nigeria's power transmission company is grossly inefficient and should be privatised.
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The company loses an average of 40 percent of power generated every day, Elumelu said citing the example of the Ughelli Power Plant. He was speaking at the eleventh edition of the West African Power Industry Convention, WAPIC, holding in Lagos, western Nigeria. In the case of the Ughelli Power Plant, he said, it operated at full capacity in July, generating 100 megawatts daily. But because of the outdated transmission systems, for every 100MW generated and sent to ?the transmission company, 40 percent is lost, he said. He listed the limited availability of gas as the second biggest problem undermining power generation business in Nigeria. "Many plants in the country can produce more than they currently do, but limited availability ?of gas makes it difficult to produce according the companies' individual ?capacities," he said. The third biggest problem, he added, is the inability of the Federal Government to pay power generating companies in timely manner. This could slow down investments and discourage investors, he said. Though he admitted that the Federal Government is addressing some of the issues, he called for the right regulations to be put in place. ?He argued that Nigeria cannot develop without addressing its power problems, and explained that the private sector can drive the needed growth. As he spoke, a power cut triggered a big laughter in the audience.


Tony ...

www.ea-africaexchange.com [cached]

Tony Elumelu

Chairman Heirs Holdings
...
Tony O. Elumelu
AFEX Partner & Chairman of the Board
Tony O. Elumelu, MFR, is the Chairman of Heirs Holdings Limited, an African proprietary investment company with a long-term investment horizon in key economic sectors that can propel Africa's economic development. Heirs Holdings is committed to the economic transformation of Africa through investments that create both economic prosperity and social wealth. Mr. Elumelu is also the Founder of The Tony Elumelu Foundation, an Africa-based and African-funded philanthropy whose mission is to identify and groom African business leaders and entrepreneurs to enhance the competitiveness and growth of Africa's private sector.


Leadership Team « The Tony Elumelu Foundation The Tony Elumelu Foundation

www.tonyelumelufoundation.org [cached]

Tony O. Elumelu, CON - Founder

Tony O. Elumelu, CON, is an entrepreneur, philanthropist, and Chairman of Heirs Holdings, a proprietary investment company operating a portfolio of businesses across the African continent.
In 2010, Elumelu founded Heirs Holdings, driven by his vision of African created and African-focused entrepreneurship that is committed to stimulating economic prosperity and social wealth. Heirs Holdings has significant interests in the ICT, financial services, energy, real estate and hospitality, agribusiness, and healthcare sectors.
In the same year, he established The Tony Elumelu Foundation, an Africa based and funded philanthropy dedicated to the promotion of entrepreneurship in Africa by enhancing the competitiveness of the private sector to create economic and social wealth.


Tony Elumelu, ...

transcorpnigeria.com [cached]

Tony Elumelu, CON

Chairman
Tony O. Elumelu is the Chairman of Heirs Holdings Limited, an African proprietary investment firm that focuses on creating economic and social value in Africa, via long-term investment in a number of sectors including financial services, natural resources, infrastructure, healthcare and real estate. He is also the Founder of The Tony Elumelu Foundation, an African based and funded philanthropy, whose mission is to identify and assist entrepreneurs and the leaders of Africa's increasingly confident private sector, serve as a source of policy development, and work to ensure that the private sector drives economic growth across Africa.
His corporate reputation as a leading African business leader was founded on his role in re-shaping the African financial services industry. He was the driving force behind the rise of United Bank for Africa (UBA), transforming it from a single country bank, to a Pan-African institution serving over 7 million customers in 20 African countries and operating in three continents.
He earned a Bachelor of Science degree in Economics from Bendel State University and a Master of Science in Economics from the University of Lagos. He has attended Harvard Business School, where he completed the Advanced Management Program. He has also completed management programs at the Institute of Management Development in Lausanne, Switzerland, and the Singapore Institute of Management.
He holds an honorary doctor of science degree from Benue State University and an honorary doctor of business administration from the University of Nigeria, Nsukka.


Tony ...

www.se4all.org [cached]

Tony Elumelu

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Tony O. Elumelu, CON.
An entrepreneur and philanthropist. Born, raised and educated in Africa, Mr. Elumelu has been responsible for creating businesses across the continent, in sectors critical to Africa's economic development. He serves as chairman of Heirs Holdings Limited, as well as its affiliate company, Transcorp, a publicly quoted conglomerate, and is the founder of The Tony Elumelu Foundation, dedicated to catalysing entrepreneurship across Africa. Read More

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