Thursday, Aug 2021


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Since he swerved into the banking industry over three decades ago, he has continued to remain a recurring decimal, even years after he left his active banking and financial services occupation.

Yes, Anthony Elumelu is quintessential in all ramifications, and this is no hyperbole. Today, even with his flourishing Heirs Holdings concern, he has been breaking grounds on many fronts, chiefs of which are philanthropy, charity, youth empowerment and sundry CSR initiatives. The former MD/CEO and now Chairman of first generation United Bank of Africa, UBA, can never be documented in one piece like this, because, at aged 55, he is a man of many parts, for years now, even outside his original calling as an astute banker. The Bendel State University, now Ambrose Alli University, Ekpoma Economics graduate, with an MBA from the University of Lagos, Akoka in tow, and also Harvard-trained, Tony Elumelu is a study in excellence, in virtually everything he has laid his hands on since he joined the now defunct Standard Trust Bank decades back and rose to became the Managing Director, from where he made an unprecedented feat by way of acquiring a larger bank UBA for that matter, subsequently becoming the MD/CEO for many years before he voluntarily retired to move into another sphere which is also not far from financial services providing. His Heirs Holdings, a multi-billion dollar enterprise, is into many legitimate ventures that cut across all sectors of the economy both locally and internationally. To boot, his Tony Elumelu Foundation, TEF, has for years now been giving succour, via empowerment to youths, not only in Nigeria but throughout the continent of Africa, for sustainable growth and development. Just recently, at his 1, Macgregor Road, Ikoyi, Lagos office of the NGO, hundreds of youths were announced as the first batch of beneficiaries of the large heart man’s largesse for youths, and will be given substantial cash to enable them start off their respective areas of endeavour that were deeply scrutinized by the board of NGO and admitted as worthy ventures that can add value to them and their immediate society. Incidentally, the event coincided with the 55th birthday of Tony Elumelu, which he celebrated in a very low key mode.

But despite the modest birthday celebration for the bank chief, it was widely celebrated across all boards. Against all advertorials that were splashed in the media, the 2018 birthday celebration for Tony Elumelu was just an example of a dream come true, because he was duly celebrated as Africa’s greatest philanthropist, which has always been his dream.

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