Anthony Elumelu
Chairman at UNITED BANK FOR AFRICA PLC
Net worth: 186 M $ as of 2024-03-30
Profile
Anthony Onyemaechi Elumelu is the founder.
He founded Heirs Holdings Ltd.
in 2010, Africa Exchange Holdings Ltd.
in 2012, and Tony Elumelu Foundation in 2010.
Mr. Elumelu is also the founder of Trans-Niger Oil & Gas Ltd.
Mr. Elumelu's current job(s) include being the Chairman of Transnational Corp.
of Nigeria Plc since 2011 and the Chairman of United Bank for Africa Plc since 2014.
Mr. Elumelu's former job(s) include being the Chief Executive Officer & Group Managing Director of United Bank for Africa Plc from 2005 to 2010.
Mr. Elumelu's education history includes being a graduate of the University of Lagos and an undergraduate of Ambrose Alli University.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2023-04-27 | 12,537,607,113 ( 30.84% ) | 136 M $ | 2024-03-30 | |
| 2023-06-29 | 2,296,285,817 ( 6.71% ) | 49 M $ | 2024-03-30 |
Anthony Elumelu active positions
| Companies | Position | Start |
|---|---|---|
| TRANSNATIONAL CORPORATION OF NIGERIA PLC | Chairman | 2011-10-16 |
| UNITED BANK FOR AFRICA PLC | Chairman | 2014-08-24 |
| Trans-Niger Oil & Gas Ltd. | Founder | - |
East Africa Exchange Ltd.
 East Africa Exchange Ltd. Investment Banks/BrokersFinance East Africa Exchange Ltd. engages in providing financial services. It offers collateral management, trade settlement, risk management, electronic warehouse receipt, commodity trading and warehouse services. The company was founded by Jendayi Frazer and is headquartered in Kigali, Rwanda. | Director/Board Member | - |
Africa Exchange Holdings Ltd.
 Africa Exchange Holdings Ltd. Investment Banks/BrokersFinance Africa Exchange Holdings Ltd. develops commodity exchanges across Africa which provides farmers with access to global markets. The firm offers commodity exchanges and warehouse storage services. The company was founded by Nicolas Berggruen, Jendayi Elizabeth Frazer and Nicolas Berggruen in 2012 and is headquartered in Washington, DC. | Founder | 2011-12-31 |
AMoney
 AMoney Packaged SoftwareTechnology Services AMoney provides digital financial services. It provides payment infrastructure leveraging and combining distributed ledger technology and blockchain technology to help financial institutions, money transfer operators and payment aggregators. The company was founded by Acha Leke in November 2014 and is headquartered in Cameroon. | Chairman | - |
Tenoil Petroleum & Energy Services
 Tenoil Petroleum & Energy Services Financial ConglomeratesFinance Tenoil Petroleum & Energy Services engages in exploration and production in the Nigerian oil and gas industry. The company was founded in 2005 and is headquartered in Ikoyi, Nigeria. | Chairman | - |
| Tony Elumelu Foundation | Founder | 2010-09-30 |
| Sustainable Energy For All Initiative | Director/Board Member | - |
| ░░░░░░░░ ░░░░░░░░░░░░░░░ ░░░░░░░ ░░ ░░░░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | - |
| ░░░ ░░░░░ ░░░░░░░░░░ ░░░░ | ░░░░░░░░░ ░░░░░░░░░░░░░░░░░ | - |
Former positions of Anthony Elumelu
| Companies | Position | End |
|---|---|---|
| ░░░░░░ ░░░░ ░░░ ░░░░░░ ░░░ | ░░░░░ ░░░░░░░░░ ░░░░░░░ | ░░░░░░░░░░ |
| ░░░░░░░░░ ░░░░░░ ░░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | ░░░░░░░░░░ |
| ░░░░░ ░░░░░░░ ░░ ░░░░░░░░░░░░░░░ | ░░░░░░░░ | - |
| ░░░░░░░░ ░░░░░░░ ░░░ | ░░░░░░░░ | - |
| ░░░░░░ ░░░░░░░░░░░░ ░░░░░░░ ░░░░ ░░░░░░░░░ ░░░░ | ░░░░░░░░ | - |
Training of Anthony Elumelu
| University of Lagos | Graduate Degree |
| Ambrose Alli University | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 3 |
|---|---|
| TRANSNATIONAL CORPORATION OF NIGERIA PLC | Utilities |
| UNITED BANK FOR AFRICA PLC | Finance |
| TRANSCORP POWER PLC | Utilities |
| Private companies | 20 |
|---|---|
The Aspen Institute, Inc.
 The Aspen Institute, Inc. Miscellaneous Commercial ServicesCommercial Services The Aspen Institute operates an institution that fosters leadership skills and open-minded dialogue. It conducts seminars, policy programs, conferences and leadership development initiatives, the Institute and its international partners seek to promote nonpartisan inquiry. The company was founded in 1949 and is headquartered in Washington, DC. | Commercial Services |
Transcorp Hilton Hotel
 Transcorp Hilton Hotel Hotels/Resorts/Cruise linesConsumer Services Part of Transnational Corp. of Nigeria Plc, Transcorp Hilton Hotel operates a 670-room hotel. The private company is based in Abuja, Nigeria. | Consumer Services |
Forum Mondial de L'Economie
 Forum Mondial de L'Economie Miscellaneous Commercial ServicesCommercial Services Forum Mondial de L'Economie engages in the foremost political, business and cultural organizations to shape global, regional and industry agendas. The company was founded by Klaus Schwab in 1971 and is headquartered in Cologny, Switzerland. | Commercial Services |
| Corporate Council on Africa | |
United Bank for Africa (UK) Ltd.
 United Bank for Africa (UK) Ltd. Investment Banks/BrokersFinance Part of United Bank for Africa Plc, United Bank for Africa (UK) Ltd. is a brokerage services provider. The private company is based in London, UK. The British company was founded in 1995. The CEO is Patrick Gutmann. | Finance |
Africa Finance Corp.
 Africa Finance Corp. SupranationalGovernment Africa Finance Corp. provides financial services. It offers financial structuring and advisory, debt and equity syndication and technical advisory services. The company was founded in 2007 and is headquartered in Ikoyi, Nigeria. | Government |
| Valucard Nigeria Plc | |
United Metropolitan Nigeria Life Insurance Ltd.
 United Metropolitan Nigeria Life Insurance Ltd. Financial ConglomeratesFinance United Metropolitan Nigeria Life Insurance Ltd. provides life insurance services. It offers credit life insurance, claims payment, clients servicing, underwriting and processing, and keymen cover provider services. The company is headquartered in Lagos, Nigeria. | Finance |
| West African Bankers' Association | |
Heirs Holdings Ltd.
 Heirs Holdings Ltd. Investment ManagersFinance Heirs Holdings Ltd. provides investment services. It specializes in investments in startups, established companies, and business turnaround. The company was founded by Tony O. Elumelu in 2010 and is headquartered Ikoyi, Nigeria. | Finance |
Africa Exchange Holdings Ltd.
Africa Exchange Holdings Ltd. Investment Banks/BrokersFinance Africa Exchange Holdings Ltd. develops commodity exchanges across Africa which provides farmers with access to global markets. The firm offers commodity exchanges and warehouse storage services. The company was founded by Nicolas Berggruen, Jendayi Elizabeth Frazer and Nicolas Berggruen in 2012 and is headquartered in Washington, DC. | Finance |
East Africa Exchange Ltd.
East Africa Exchange Ltd. Investment Banks/BrokersFinance East Africa Exchange Ltd. engages in providing financial services. It offers collateral management, trade settlement, risk management, electronic warehouse receipt, commodity trading and warehouse services. The company was founded by Jendayi Frazer and is headquartered in Kigali, Rwanda. | Finance |
| National Competitiveness Council of Nigeria | |
| Sustainable Energy For All Initiative | |
| Tony Elumelu Foundation | Miscellaneous |
Tenoil Petroleum & Energy Services
Tenoil Petroleum & Energy Services Financial ConglomeratesFinance Tenoil Petroleum & Energy Services engages in exploration and production in the Nigerian oil and gas industry. The company was founded in 2005 and is headquartered in Ikoyi, Nigeria. | Finance |
AMoney
AMoney Packaged SoftwareTechnology Services AMoney provides digital financial services. It provides payment infrastructure leveraging and combining distributed ledger technology and blockchain technology to help financial institutions, money transfer operators and payment aggregators. The company was founded by Acha Leke in November 2014 and is headquartered in Cameroon. | Technology Services |
| Heirs Alliance Ltd. | |
| Trans-Niger Oil & Gas Ltd. | |
HH Capital Ltd.
 HH Capital Ltd. Financial ConglomeratesFinance HH Capital Ltd. engages in investment activities. The private company is based in Lagos, Nigeria. The CEO of the Nigerian company is Samuel Nwanze. | Finance |
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