Tony Elumelu Biography

Entrepreneur, philanthropist, and chairman of Heirs Holdings Tony O. Elumelu. Elumelu purchased Standard Trust Bank in 1997 after realizing the strategic potential of Nigeria's financial services industry and developing a new customer-focused banking model for the country's growing middle class. Within five years, the UBA Group had become a pan-African organization with more than 7 million clients across 19 African nations, establishing one of the continent's most potent financial services brands. Elumelu started Heirs Holdings in 2010, motivated by his vision of an African-created and African-focused enterprise dedicated to promoting social and economic success.

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