WHO IS WHO IN NIGERIA-TONY ELUMELU

Elumelu was born in Jos, Plateau State, Nigeria, in 1963. He hails from Onicha-Ukwu in Aniocha North Local Government Area of Delta State. He has two degrees in economics from Nigerian universities,[2][3] a bachelor's degree from Ambrose Alli University and a master of science degree from the University of Lagos. He attended Harvard Business School's six-week Advanced Management Programme. Tony Elumelu married Awele Vivien Elumelu, a medical doctor, in 1993, and they have seven children together. He has four siblings, one of whom is Ndudi Elumelu, a former member of the Nigerian Federal House of Representatives. He is the cousin of legendary Nigerian reggae artiste, Ras Kimono who died on 10th June, 2018.[4]
Following his retirement from United Bank for Africa in July 2010, Elumelu founded The Tony Elumelu Foundation. His stated objective was to "prove that the African private sector can itself be the primary generator of economic development."[7] The Foundation is charged with the mission of "driving Africa's economic development by enhancing the competitiveness of the African private sector".[8]

Other non-profitsEdit

  • Elumelu was a member of the World Economic Forum's Regional Agenda Council on Africa.[9]
  • His presence on the Bretton WoodsCommittee, which brings together senior leaders in the global banking industry, is recognition of his work on African development.
  • He is a Fellow of the Nigeria Leadership Initiative (NLI).[10]
  • He is involved, through his foundation, with the Tony Blair Africa Governance Initiative (AGI) in a partnership to strengthen the private sector's role in the economic transformation of select African countries.[11] This partnership is called the Blair-Elumelu Fellowship Programme.
  • He is co-chair of the Africa Energy Leaders' Group (AELG)
  • Elumelu is a Trustee of the Infant Jesus Academy in Delta State, Nigeria.[12]
  • In 2018, he joined other global leaders as one of the inaugural Board Members of Generation Unlimited, an initiative of the United Nations refocused youth agenda.[13]


Elumelu is the originator of the term Africapitalism.[14] According to him, Africapitalism is an economic philosophy that embodies the private sector's commitment to the economic transformation of Africa through long-term investments that create both economic prosperity and social wealth. Elumelu sees Africans taking charge of the value-adding sectors and ensuring that those value-added processes happen in Africa, not through nationalisation or government policies, but because there is a generation of private sector entrepreneurs who have the vision, the tools and the opportunity to shape the destiny of the continent. He insists that Africapitalism is not capitalism with an African twist; it is a rallying cry for empowering the private sector to drive Africa's economic and social growth.
Elumelu subscribes to Michael Porter's concept of Creating Shared Value (CSV).[15]He studied under Professor Porter at Harvard Business School and Professor Porter is the Founding Patron of The Tony Elumelu Foundation. CSV refers to the idea that "companies must take the lead in bringing business and society back together." It asserts that "businesses acting as businesses, not as charitable donors, are the most powerful force for addressing the pressing issues (society) face(s)."[16]

SOURCE:WIKIPEDIA
Ojajuni Emmanuel Abiodun a.k.a Banking-Lawyer is a young Progressing Nigerian Youth that is determined to be a youth of global relevance with His make It Count Campaign.

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