Tony Elumelu, CFR

Tony Elumelu, CFR

Economist & Philanthropist


From banking to oil and gas sector and the hospitality industry, Mr Tony Elumelu, CFR, maintains a portfolio of investments across several industries on the continent. Chairman of both Heirs Holdings and the United Bank for Africa (UBA), Elumelu also sits on many public and social sector boards, including the World Economic Forum Community of Chairmen and the Global Leadership Council of UNICEF's Generation Unlimited. In recognition of his work at the Tony Elumelu Foundation (TEF)—which has committed $100 million to empower 10,000 entrepreneurs across 54 African countries over a 10-year period—Elumelu was in 2020 named in the TIME magazine's 100 Most Influential People in the World and recognised with Belgium's oldest and highest royal order. In 2022, TIME again recognised Elumelu with its inaugural TIME100 Impact list, honouring him alongside six global leaders who continue to impact generations.

Tony Elumelu, CFR spoke at the 2023 RCCG Teap Teens Career Conference on Wake Up & Take Responsibility where he highlighted the following:

  • "Be yourself, there are lots of distractions in the world you live in which may cause you to doubt your identity - Believe in yourself, Be yourself’
  • "Hardwork, Discipline, and Sacrifice will get you to the peak"
  • "You must paint a picture of the future you want to see, so that in difficult times,you look at the picture and be inspired to forge ahead"
  • "Read as much as you can and learn from it, whatever you learn helps you navigate when you are faced with similar challenges"