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This profile was last updated on 12/24/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Tony O. Elumelu

Wrong Tony O. Elumelu?

Employment History

Board Memberships and Affiliations


  • 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
155 Total References
Web References
Leadership Team « The Tony Elumelu Foundation The Tony Elumelu Foundation, 24 Dec 2014 [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 ..., 29 July 2014 [cached]
Tony Elumelu
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
Home > Media Room > Press ..., 24 Dec 2014 [cached]
Home > Media Room > Press Releases > Testimony of Tony O. Elumelu: "Powering Africa's Future - Examining the Power Africa Initiative"
Testimony of Tony O. Elumelu: "Powering Africa's Future - Examining the Power Africa Initiative"
London - Testimony of Tony O. Elumelu, Chairman of Heirs Holdings and the Tony Elumelu Foundation "Powering Africa's Future - Examining the Power Africa Initiative" U.S. Senate Foreign Relations Committee's Subcommittee on African Affairs
African Ovation Magazine » PEOPLE, 22 Nov 2014 [cached]
Tony O. Elumelu, MFR is 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 achieve the Foundation’s central objective of enhancing the competitiveness and growth of Africa’s private sector. He is also Chairman of Heirs Holdings Limited, an African investment company deploying proprietary capital for the long term in the most promising sectors of the continent and Tenoil Petroleum and Energy Services Limited.. His reputation as a prominent African business leader is founded on his vision and strategy forUnited Bank for Africa Plc (UBA), a single country bank he transformed into a Pan-African financial services institution serving over 7 million customers in 20 African countries and operating in Europe and the United States. He retired as Group Chief Executive Officer of UBA in July 2010.
Mr. Elumelu is the leading proponent of Africapitalism™: the private sector’s commitment to the economic transformation of Africa through investments that create economic prosperity and social wealth. His passionate commitment to proving that the African private sector can be the primary driver and beneficiary of Africa’s economic transformation is evident by the numerous honors, board and committee appointments he has. In 2003, the government of Nigeria conferred on him the national honour of Member of the Order of the Federal Republic. In 2011, New African magazine named him one of the Top 100 Most Influential Africans in the area of business and finance. He also serves as Chairman of Transnational Corporation (Transcorp), a diversified conglomerate with strategic investments and core interests in the hospitality, agribusiness and oil and gas sectors.
Tony Elumelu: "Heirs Holdings has the ambition to generate at least a quarter of Nigeria's power consumption needs in the next five years" (09/11/2014)
UBA Group Appoints Tony O. Elumelu as Chairman (08/26/2014)
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