Tony O. Elumelu, CON
Mr Elumelu chairs privately held investment firm Heirs Holdings and Nigeria’s largest quoted conglomerate, Transcorp. Mr. Elumelu invests across Africa, primarily in the oil and gas, financial services, hospitality and power sectors. His investments are informed by his philosophy of Africapitalism: the belief that the private sector can lead Africa’s economic renaissance and that investment should create both economic prosperity and social wealth.
Mr. Elumelu sits on a number of public and social sector boards including the United Nations Sustainable Energy for All Initiative (SE4ALL) and USAID’s Private Capital Group for Africa Partners Forum (PCGA). He is also the chairman of pan-African financial services group, United Bank for Africa, and the founder of the Tony Elumelu Foundation, which has seeded $100 million through the Tony Elumelu Entrepreneurship Programme, to champion entrepreneurship across Africa over the next 10 years.
Dr Awele V Elumelu
CEO, Avon Medical Services
Dr Awele V. Elumelu oversees the healthcare investments in the Heirs Holdings' portfolio. She holds a Bachelor of Medicine, Bachelor of Surgery degree from the University of Benin. Her experience as a medical doctor includes medicine, surgery, paediatrics, obstetrics, gynaecology and emergency medicine. In Nigeria, Dr Elumelu has worked with the Lagos University Teaching Hospital and in the UK, with Grantham and District Hospital, Grantham.
Chief of Staff
Udochi Nwaodu is the Chief of Staff to the Chairman, overseeing the strategy and executive office of Heirs Holdings, while also driving the group operating mechanism to achieve established goals. He commenced his professional career in 1989 with Coopers & Lybrands (now PriceWaterhouse Coopers) before joining the banking industry in the former Allstates Trust Bank as an Internal Auditor. He worked in strategy and policy making in Diamond Bank and Continental Trust Bank, he later joined Standard Trust Bank (STB) in 2004 as Deputy General Manager and was part of the team that successfully handled the merger of United Bank for Africa (UBA) and STB in 2005. Udochi is a Chartered Banker (ACIB) and a Fellow of the Institute of Chartered Accountants of Nigeria. He holds a First Class Honours degree in Management & Accounting from Obafemi Awolowo University, Ile Ife; an MBA from IESE, University of Navarra, Spain and is also an alumnus of Oxford University, UK.
Business Development Director
Adim Jibunoh is the Business Development Director at Heirs Holdings overseeing the non-banking financial services investments in the group. He is a First Class graduate in Economics from the University of Port Harcourt. His career in the banking industry spans over two decades. His prior positions have included: Investment Executive at the Nigerian Industrial Development Bank (NIDB – now Bank of Industry); Executive Director at Standard Trust Bank Plc; and the Chief Executive Officer of Continental Trust Bank. He is also a non-executive director of Avon HMO and United Capital Plc.
Director of Finance and Investments
Sam is responsible for the administration and management of the group’s overall financial activities and investment programmes. Prior to joining Heirs Holdings, Sam worked in banking institutions in various roles where he oversaw strategy, financial control, performance management, and Treasury. He also played a key role in the STB-UBA merger. Sam has a Masters degree in Finance and Management from Cranfield School of Management (UK).
Dr. Tony Chukwueke
Director of Energy and Natural Resources
His role is to identify opportunities across the mineral and energy value chain. He has over 35 years of experience in the energy industry in Nigeria and internationally, having served at various times as Chief Geophysicist, Value and Portfolio Manager, and Business Development Manager Africa at Shell companies in Nigeria and the UK. Between 2004 and 2009, Tony was an Adviser to the Minister and then Director of the Department of Petroleum Resources where he initiated reforms to production sharing contracts and fiscal arrangements in offshore leases. He holds a first degree in Physics, a Masters in Applied Geophysics and a PhD in Geology from the University of Nigeria, Nsukka.
Director of Resources
She manages the Resources division, which includes Human resources, Information Technology, Corporate Services and Protocols & Logistics. Owen's work experience includes Director of Human Resources, Chief of Staff, HR Advisor to the GMD/CEO at UBA and as an Organisation and Human Performance Consultant, specializing in Change Management at Accenture. She is a certified Change Manager and a member of the Chartered Institute of Personnel and Development, UK. She holds a B.Sc. (double honours) in Sociology and Anthropology from the University of Benin and an M.Sc. in Human Resources from the London School of Economics and Political Science.
Legal Adviser/Company Secretary
Obong Idiong is the Legal Adviser/Company Secretary at Heirs Holdings. A legal practitioner with over 12 years of experience in corporate and commercial practice, Obong is a member of the Nigerian Bar Association as well as the Society of Corporate Governance of Nigeria, and has a certificate of achievement in Six Sigma from Villanova University, Philadelphia. Obong holds an LL.M. degree in International Finance and Business Law from the University of Liverpool, an MBA from the Lagos State University, an LL.B from the University of Calabar, and a Bachelor of Law degree from the Nigerian Law School, Lagos.