African Leadership magazine profiles African economist, entrepreneur, and philanthropist, Tony Onyemaechi Elumelu as our African of the Week. Elumelu is the Chairman of Heirs Holdings, United Bank for Africa, Transcorp, and founder of the Tony Elumelu Foundation. He is known for his Africapitalist business models and philanthropy. He is a seasoned economist, with a long-standing history in the Nigerian banking industry. During his early career in 2005, he acquired Nigeria’s Standard Trust Bank and afterwards, the United Bank for Africa (UBA), completing one of the biggest mergers in the history of Nigeria’s capital markets. Elumelu retired as Group Managing Director and CEO of UBA in 2010 following the introduction of ten-year tenure limits for bank CEOs by the Central Bank of Nigeria’s (CBN);
Presecans top 2020 UBA Foundation National Essay Competition; Winner bags $5,000 Grant for Tertiary Education Two students from the Presbyterian Boys Senior High School (PRESEC,
Students win 10,000 dollars worth of scholarship from the 2020 UBA foundation national essay competition Hafeez Othman Taqi and Jesse Nicky Kamara of Sierra Leone
Winners Emerge in UBA Foundation’s National Essay Competition Congratulations to Eshiet Abasiekeme of Bright Stars Model Secondary School, Uyo for coming in 1st place in
UBA Foundation’s National Essay Competition 2020 brings out the finest young creative writers in a challenging year 10 out of 12 are girls Lagos, November