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Business News of Wednesday, 19 June 2024

Source: punchng.com

Elumelu restates Heirs Holdings’ commitment to impact

Tony Elumelu Tony Elumelu

The Group Chairman of Heirs Holdings, Tony Elumelu, has reiterated the commitment of the group to impacting lives and doing so in a sustainable way.

Elumelu made this commitment at the HH Group Summit held in Abuja recently.

Elumelu emphasised HH’s mandate to ‘build to last’ and to ‘build for impact’, saying, “Over the past decade, we have inculcated in our business the criticality of strong corporate governance practices. We only invest for the long term, strategically and patiently. These twin commitments are fundamental to our success; we are, indeed, building to last, redefining success in every sector we operate in, and demonstrating our purpose to improve lives and transform Africa.”

At the closing ceremony and dinner, the Vice President of Nigeria, Senator Kashim Shettima, hailed Elumelu for his contributions to the Nigerian economy.

He said, “When the history of Nigeria and indeed Africa’s banking history and revolution will be written, one name will stand out – having carved a niche for itself and engraved its name on the walls of banking and Africa’s entrepreneurship.

“Tony Elumelu has become an enigma, a banking colossus, a power industrialist, and a force that cannot be ignored. He is one of our own who believed in Nigeria and threw his heart into it.”

He is a Nigerian economist, entrepreneur and indeed a philanthropist, who has given life meaning to millions of Nigerians and Africans.”

The summit brought together board members of investee companies from sectors where HH invests: healthcare, power, energy, technology, financial services, hospitality, and real estate.