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Wrong Tony Elumelu?

Tony O. Elumelu

Chairman

Transnational Corporation of Nigeria Plc

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Transnational Corporation of Nigeria Plc

Transnational House 38 Glover Road

Lagos, Lagos,

Nigeria

Company Description

Transnational Corporation of Nigeria Plc (Transcorp), a company quoted on the Nigerian Stock Exchange, is a diversified conglomerate with strategic investments and core interests in the hospitality, agro-business and upstream petroleum exploration sectors. Som...more

Background Information

Employment History

Chairman

Heirs Insurance Brokers Ltd


Chairman

Transcorp Ughelli Power Ltd


Government Audits

Deutsche Bank AG


Affiliations

UBA Plc

Chairman


The Tony Elumelu Foundation

Founder


House of Representatives

Younger Brother Ndudi Elumelu Chairman, Committee On Health


Africa Finance Corporation

Non-Executive Board Member


Enterprise54

Founder


FIDE

Board Member


Millennium Excellence Foundation

Board of Trustees Member


U.S. Agency for International Development

Advisor To the Private Capital Group


National Competitiveness Council of Nigeria

Vice Chairman


London Business School

Emeritus Professor of Finance


CFA UK

Honorary Fellow


Ministerial Committee

Committee


Guy

Investment Committees


Institute of Actuaries

Honorary Fellow


Allianz

Chief Economic Advisor


CON.TXT

Founder


The Corporate Council on Africa

Board Member


Other

Senior Fellow


YALI's Alliance on Emerging African Leaders

Advisor


Tenders

Board Member


Development Partners International LLP

Advisory Board


The Bretton Woods Committee

Member


Presidential Task Force on Aviation Sector

Member, Project, Member of the Presidential Committee On NEPAD and the Advisory Board


Ghanawaves.com

Founder


GhIS

Vice Chairman


BGL

Founder


2013/African Press Organization

Founder


British Chamber of Commerce

Council Member


Blair-Elumelu Fellowship Programme

Founder


Sightsavers

Member of the Executive Councils


Infant Jesus Academy

Member of the Executive Councils


Global Impact Investing Network

Council Member


Federal Government Privatization Council

Member of the Sub-committee


FCT

Advisory Board


SE4All

Advisory Board


African Development Bank

Board of Governors


TON..

Founder


Education

Advanced Management Programme


Harvard Business School


IMD


Institute of Management Development


International Institute for Management Development Lausanne , Switzerland


International Institute of Management Development


Singapore Institute of Management


University of Nigeria


economics

University of Lagos


Bachelor of Science degree

Economics

Bendel State University


Bachelor of Science degree

Geology

University of Jos


Diploma

Administration

Kaduna Polytechnic


Doctorate Degree

University of Nigeria.


First Class B.Sc

Civil Engineering


Higher National Diploma

Catering and Hotel Management

Kaduna Polytechnic


MBA

University of Aston


Master of Science

Economics

University of Lagos


economist with honors degree

Economics


honorary doctor of science degree

Benue State University


honorary doctorate

University of Nigeria Nsukka


honours degree

Delta State University


post-graduate Diploma

Marketing

Staffordshire University


Web References(193 Total References)


www.ubagroup.com

TONY O. ELUMELU (GROUP MANAGING DIRECTOR / CEO)Mr. Tony O. Elumelu, MFR, B.Sc, M.Sc (Economics), AMP (Harvard), the GMD/CEO.He also serves as the Chairman of ValuCard Nigeria Limited (VISA operated), founding director of Nigeria's Transnational Corporation - Transcorp - and Chairman of Hilton Hotel, Abuja ...


ifejghana.org

Tony Elumelu woos French investors to Nigeria | 0
Tony Elumelu woos French investors to Nigeria | IFEJ Ghana Tony Elumelu woos French investors to Nigeria World Africa Tony Elumelu woos French investors to Nigeria Tony O. Elumelu, one of Africa's most successful investors and renowned philanthropists, has urged French businesses to invest in Nigeria in spite of the country's current economic challenges. Elumelu, who is the chairman of publicly traded financial services provider United Bank for Africa (UBA), wooed the French investors during a speech as a keynote speaker at the 1st 'Colloque Nigeria', a colloquium on doing business and investment in Nigeria, which was organized by the French Senate in collaboration with the Business France and Banque publique d'investissement (BPI). The event held at the Palais de Luxembourg in Paris, France late last month and had more than 4,000 leading French entrepreneurs in attendance. In his address, Elumelu encouraged the French business leaders to come and discover Nigeria and find the right partners to help them navigate the business environment. He cited the example of UBA - which has been operating profitably and successfully in Nigeria for 70 years and its subsequent footprint into 18 countries in Africa over the last decade. "The Nigerian economy plays an important role in West Africa and beyond. So when you invest in Nigeria, the benefits spill over to our neighbors in dozens of countries,' he said. Elumelu posited that in spite of the challenges faced by African economies and especially the sharp drop in commodity prices, Nigeria still offers one of the highest returns on investment on the continent and beyond. According to Nigeria's Central Bank, the country is on the precipice of a recession. An upsurge of militant attacks has sent crude production, which accounts for 70% of government revenue, plunging to an almost 30-year low. Delays in approving a budget and a cabinet as well as President Buhari's reluctance to devalue Nigeria's overvalued naira has caused foreign investors to flee the country while Foreign direct investment in Nigeria was the lowest last year since the 2007-08 global financial crisis. But Elumelu told the attendees that Nigeria's economic woes are only "temporary". In his keynote address, Elumelu also told the audience that his current focus is to change the world's perception of Africa. "For too long, many people when they hear the word 'Africa,' they think about darkness and backwardness… I want people to think of Africa and think of possibilities," he said. Elumelu is the chairman of the United Bank for Africa and the Transnational Corporation of Nigeria. He is also the founder of the Tony Elumelu Foundation, a non-profit organization that aims to raise Africa's next generation of entrepreneurs. In 2014, Elumelu pledged $100 million to create the Tony Elumelu Foundation Entrepreneurship Programme (TEEP). Tony O. Elumelu Tony O. Elumelu


www.financialfreedominspiration.com

Tony Elumelu - Ex CEO UBA Group
Tony Elumelu Tony Elumelu Tony Elumelu was born March 22, 1963 at Jos, Plateau State though his parents are from Delta State. After his primary and secondary education, Tony Elumelu who is second in a family of five proceeded to Bendel State University (now Ambrose Alli University) from 1981 to 1985, where he bagged a Bachelor's degree in economics. Thereafter, he proceeded to the University of Lagos for a Master's degree programme also in economics. Years later he attended courses at the famous Harvard Business School, USA. He is an alumnus of both the Singapore Institute of Management (SIM) and the International Institute of Management Development (IMD) Lausanne, Switzerland. He began his banking career with the operations and foreign exchange department of Union Bank of Nigeria Plc as a Youth Corps member from 1985 to 1986. In 1988 he moved to All States Trust Bank as a Financial Analyst, where he was until 1995 when he moved to Linkage Assurance Company as an Executive Director. He later became the Chief Executive of BGL Limited; an asset management company, that later took over struggling Crystal Bank. Before long, he returned to banking as an Executive Director/CEO of Continental Trust Bank Limited, a position he relinquished to join Standard Trust Bank as the Managing Director in 1997. Under his leadership, STB pioneered electronic banking products in Nigeria including Internet banking. When the Central Bank of Nigeria (CBN) under the leadership of Prof. Chukwuma Soludo evoked a policy induced consolidation on the banking industry, it became a great opportunity for Mr. Elumelu to step to another level. On August 1st, 2005, Mr. Elumelu became the Group Managing Director of United Bank of Africa and took the company to Nigeria Stock Exchange to commemorate STB's de-listing and the listing of the new UBA. He is a director of ADIC and Standard Global Services Limited and Chairman of STB Capital Markets and Verticom Wireless, Flame Petroleum and Gas Limited and Standard Alliance Insurance Company Limited. He is a founding director of Transnational Corporation Plc, a member of the governing council of the Financial Institutions Training Center of Nigeria, Director of the Central Securities Clearing System Limited. In 1999, Elemelu was appointed into Nigerian Presidential Policy Advisory Committee. He was also a made a member of the Federal Government Privatization Council Sub-committee (on basic metals) and later served on the Presidential Committee on Interest Rate Moderation in the economy. Member, Presidential Committee on the Heart of Africa (Nigeria Image) Project, Presidential Committee on Outsourcing, Presidential Committee on Nepad, Advisory Board of the FCT, Presidential Task Force on Aviation Sector, Presidential Committee on Financing Agriculture, Presidential Committee on Police Equipment Fund, Advisory Board of Abuja Technology Village and other national committees. He was accorded the national honour of Member of the order of the Federal Republic (MFR) in 2003. In 2006, he was elected as the President of the West African Bankers Association (WABA), a position he will hold for 2 years, vice chairman, UBA (Ghana) and chairman, Transcorp Hilton, Abuja. He won the 2006 African Business Leader of The Year award conferred by the acclaimed UK-based magazine, African Investor. In March 2007, he was voted The Banker of The Year by the Nigerian magazine, Global Excellence. Tony stepped down in 2010 as CEO of UBA Group after more that 10 years at the helm of STB and then UBA Group based on CBN guidelines.


www.ea-africaexchange.com

Tony Elumelu
Heirs Holdings Ltd., a Nigerian investment company with interests across Africa in banking, energy, real estate and agriculture, plans to set up a commodities exchange in the continent's most populous nation. The Lagos-based investor wants to acquire the state-owned Abuja Commodities Exchange when it is sold, Heirs Chairman Tony Elumelu said in an interview with Bloomberg Africa TV to be broadcast Dec. 14. If it's unable to buy the exchange, Heirs Holdings will apply to Nigeria's Securities and Exchange Commission to set up one, he said. Heirs Holdings, through its African Exchange Holdings Ltd. unit, has stakes in Kigali, Rwanda-based and Lagos-based National Association of Securities Dealers trading platform. The company, in collaboration with the Nigerian Grain Reserve Agency and the Agriculture Ministry, last month established an electronic warehousing system linking farmers and traders, part of the groundwork to set up a commodities exchange. "We now have seven warehouses in the country," said Elumelu, a former chief executive officer of Lagos-based United Bank for Africa Plc and current chairman of Transnational Corp. of Nigeria Plc, which has interests in hotels, oil exploration and agriculture.


liquidafrica.com

The Lagos-based investor wants to acquire the state-owned Abuja Commodities Exchange when it is sold, Heirs Chairman Tony Elumelu said in an interview with Bloomberg Africa TV to be broadcast Dec. 14.
If it's unable to buy the exchange, Heirs Holdings will apply to Nigeria's Securities and Exchange Commission to set up one, he said. Heirs Holdings, through its African Exchange Holdings Ltd. unit, has stakes in Kigali, Rwanda-based and Lagos-based National Association of Securities Dealers trading platform. The company, in collaboration with the Nigerian Grain Reserve Agency and the Agriculture Ministry, last month established an electronic warehousing system linking farmers and traders, part of the groundwork to set up a commodities exchange. "We now have seven warehouses in the country," said Elumelu, a former chief executive officer of Lagos-based United Bank for Africa Plc and current chairman of Transnational Corp. of Nigeria Plc, which has interests in hotels, oil exploration and agriculture.


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