Tony O. Elumelu, MFRÂ is Founder ofÂ 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 Foundationâ€™s central objective of enhancing the competitiveness and growth of Africaâ€™s private sector.
is also Chairman ofÂ 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..
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.
is the leading proponent ofÂ Africapitalismâ„¢: the private sectorâ€™s commitment to the economic transformation of Africa through investments that create economic prosperity and social wealth.
passionate commitment to proving that the African private sector can be the primary driver and beneficiary of Africaâ€™s economic transformation is evident by the numerous honors, board and committee appointments he
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.
also serves as Chairman ofÂ Transnational Corporation (Transcorp), a diversified conglomerate with strategic investments and core interests in the hospitality, agribusiness and oil and gas sectors.