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Tag: Tony Elumelu

  • Mamora, Ojudu, Obasa, Elumelu, for honours

    FORMER Senate Minority Leader, Senator Olorunnimbe Mamora, Speaker of Lagos State House of Assembly, Mudashiru Obasa and Chairman Heirs Holding/UBA Board of Directors, Tony Elumelu, will be honoured at the second Timeline Awareness Initiative/Award Presentation billed for Thursday April 19th at the Lagos Sheraton Hotels, Ikeja.

    Seasoned journalist and Special Adviser to President Muhammadu Buhari on National Assembly Matters, Senator Babafemi Ojudu, will also be honoured.

    While Obasa is poised to receive award of excellence for his leadership role as the helmsman of Lagos State Assembly, Elumelu will be honoured with a Lifetime Achievement Award along with Mamora and Ojudu, among many other dignitaries.

  • Elumelu constructs N13 million students pedestrian bridge, promises continued support

    Elumelu constructs N13 million students pedestrian bridge, promises continued support

    The Chairman United Bank for Africa, Mr Tony Elumelu has   through the bank’s Foundation constructed a N13 million pedestrian bridge for students of the Usmanu Danfodiyo University, Sokoto saying that the foundation will continue to support the educational pursuit of indigent Nigerian and African youths.

    Elumelu noted that education was of primary concern to the bank’s aspect of corporate social responsibility to the society.

    The bridge project of 120 x 2 metres length and width,  is part of the corporate social responsibilities  of the bank to the institution which followed an earlier appeal to Mr Elumelu by the students of the university during a national dialogue series.

    Elumelu, a seasoned banker, made the remark in Sokoto Monday at the official commissioning of the project at the university’s permanent site by Governor Aminu Waziri Tambuwal who noted that education was capital intensive that required the participation and support of corporate stakeholders to succeed.

    Tambuwal represented by Secretary to the State Government, Professor Bashir Garba commended Elumelu and the bank for the gesture in adding value to the institution.

    “We as a state are working towards fulfilling our pledge of constructing an engineering department for the University at the cost of N400 million”, he said.

    However, Elumelu who spoke through the Group Managing Director of the bank, Mr Kennedy Uzoka  stressed that the bank would not relent in promoting and strengthening its corporate social responsibilities of giving back to the society.

    He said the constructed bridge will further ease the students the trouble of trekking long distance to get to their destination for academic and curricular activities.

    ‎” The absence of the bridge have subjected many students to difficulties in getting to their lectures venue and other places within the school on time. We have also built a hall that accommodates 1000 students”, he explained.

    Elumelu stressed that, ” we are passionate about giving back to the society through our 3es components; Empowerment, Education and Environment. This is part of of education and environment.”

    He explained that the bank was not only looking ahead for profit maximisation but ensure customers satisfaction and giving back to the people through promoting it’s corporate social‎ responsibilities.

    ” We want to be a role model with uniqueness not by coincidence but by physical commitment ‎and strengthening of our good will in advancing the course of humanity  through our foundation”, he said.

    According to him ” We have been doing this by sponsoring essay competitions and indigent students to institutions across African countries where we operate.

    ” Todays event marks a symbolic success and a dream come through to showcase the relevance of the society and institution to our bank.

    “For 70 years we have been adding value to customers and society. We believe in meritocracy, industry, entrepreneurship and mentorship of young students to become good ambassadors. Of the country in their endeavours”, he added.

    Speaking at the brief ceremony, Vice Chancellor of the University, Professor Abdullahi Zuru noted with pleasure of the philanthropists gesture of ‎Mr Elumelu in building hope and strengthening value adding relationship the institution and especially the youth.

    He explained that the edifice commissioned was vital to the day to day movement of students for their daily academic and other extracurricular activities.

    Zuru said for the past four decades, the students have not been finding it easy especially during rainy season which often affect their movement through the passage due to the mushy nature of the spot.

    “We have reached out to organisations but thank God today‎ UBA has heed to our call. It is now the shortest way for our students particularly now.

    “We appreciate Mr Elumelu and UBA family. The edifice which has side lights will serve us in no small way”, he acknowledged.

     

  • Africa has good investment opportunities, says Elumelu

    The Group Chairman, United Bank for Africa (UBA)Tony Elumelu, has stressed the need to change the African narrative while concentrating on the myriad of opportunities inherent in the continent.

    This, he said, is paramount if the continent is to take its rightful position as a strong regional player in the international community, owing to its numerous investment opportunities.

    Elumelu, who is the Founder of the Tony Elumelu Foundation, said the time had come for governments on the continent to put things in place to ensure that the continent which has great potential, lives up to it; adding that already, there are signals of the greatness all around.

    Speaking during Richard Quest’s programme on CNN aired on the sideline of the ongoing World Economic Forum in Davos, Switzerland on Thursday, he said; “the time has come for us to prioritise our young ones, who are the future of this great continent. These are the men and women who are energetic in Africa and who can perform wonders if the enabling environment is there.

    “We need to get it right with infrastructure in Africa and with the macro-economic policies and environment. And the good thing is that things are gradually falling in place. I think Africa promises good investment opportunities, the problem has always been creating the right environment for it, and this should be our major focus.” Elumelu stressed.

  • Tony Elumelu wows guests at Xmas party

    Tony Elumelu wows guests at Xmas party

    Last Saturday, those who thought they knew everything about billionaire businessman, Tony Elumelu, were shown the errors of their assumptions. It was at the annual UBA end of year Christmas party that the brilliant chair of Heirs Holdings and Group Chairman of UBA Group took to the stage to mesmerise staff and customers with a dance performance reminiscent of the late King of Pop, Michael Jackson.

    The usually serious-looking Elumelu was in his elements as he paid a hilarious tribute to Michael Jackson with amazing footwork that reminded many of Jackson’s iconic dance steps. Not only did he nail the King of Pop’s unique style of dressing, including his trade mark hat and gloves, he also aped his mannerisms to the letter as he performed on stage.

    The cerebral banker had on numerous occasions publicly stated his love for the late pop icon and he took the opportunity of the bank’s end-of-year bash to show everyone just how much MJ means to him. The staff and customers who witnessed the amazing performance couldn’t have asked for a better way to usher out the waning year.

  • A SPECIAL PUBLICATION ON NIGERIA’S BUSINESS ICONS(1):Tony Elumelu: Exponent of Africapitalism

    A SPECIAL PUBLICATION ON NIGERIA’S BUSINESS ICONS(1):Tony Elumelu: Exponent of Africapitalism

    Tony O. Elumelu sits atop a few other Nigerians whose sheer weight of economic contributions to the growth of the nation’s Gross Domestic c Product (GDP) cannot simply be ignored by any stretch of the imagination. He has traversed different strata and  sectors of the business spectrum, making his mark and leaving behind, landmarks in whatever areas he has played.

    Whether one adopts a bottom-top approach, or top-bottom approach, ‘Tony’ as he is fondly called, always stands out.

    Tony prepared himself to climb the ladder of life, by first going for the proverbial golden fleece. He has two degrees, the first was in Economics, followed by  a Masters from Ambrose Ali University, Ekpoma and the University of Lagos, Akoka, respectively.  He is an alumnus of Harvard.

    Tony Elumelu’s achievements and engagements and successes so far recorded, dwarfs whatever educational  qualifications, he may  have attained.  Tony the Economist, entrepreneur, and philanthropist, is the Chairman of Heirs Holdings, United Bank for Africa (UBA), Transcorp and founder of The Tony Elumelu Foundation.

    He holds the Nigerian national honours, the Commander of the Order of the Niger (CON) and Member of the Order of the Federal Republic (MFR). Beyond the nation’s shores, Tony Elumelu has been recognised as one of “Africa’s 20 Most Powerful People, far back in 2012” by Forbes Magazine.

     

    Early Career

    Tony Elumelu has been a consummate banker, establishing his track and mettle in his early days at Allstates Trust Bank. On his exit from Allstates, he  acquired Standard Trust Bank, turning it into among the top five players in Nigeria.  In 2005 he led the acquisition of United Bank for Africa and transformed it from a single country bank to a Pan-African institution.

     

    Heirs Holdings

    Following his retirement from UBA in 2010, Tony Elumelu founded Heirs Holdings, which invests in the financial services, energy, real estate and hospitality, agribusiness, and healthcare sectors. In the same year, he established the Tony Elumelu Foundation, an Africa-based and African-funded philanthropic organisation dedicated to the promotion of excellence in business leadership and entrepreneurship and the enhancement  and competitiveness of the private sector, across Africa.

    In 2011, Heirs Holdings acquired a controlling interest in the Transnational Corporation of Nigeria Plc (Transcorp), a publicly quoted conglomerate that has business interests in the agribusiness, energy, and hospitality sectors, and has been appointed chairman of the Corporation.

    Elumelu serves as an advisor to the USAID’s Private Capital Group for Africa(PCGA) Partners Forum. He sits on the Nigerian President’s Agricultural Transformation Implementation Council (ATIC). He is also Vice-Chairman of the National Competitiveness Council of  Nigeria (NCCN), in which formation he was a key driver in, and serves as Co- Chair of the Aspen Institute Dialogue Series on Global Food Security.

    He additionally chairs the Ministerial Committee to establish world-class Hospitals and Diagnostic Centres across Nigeria, at the invitation of the Federal Government and the Presidential Jobs Board, engineered to create three million jobs in one year. He also serves as a member of the Global Advisory Board of the United Nations Sustainable Energy for All Initiative (SE4ALL) and USAID’s Private Capital Group for Africa Partners Forum.

    He was one of the co-chairs of the 26th World Economic Forum on Africa in Kigali, Rwanda, from 11 to 13 May 2016.

     

    The Tony Elumelu Foundation

    Following his retirement from United Bank for Africa in July 2010, Elumelu founded The Tony Elumelu Foundation. His stated objective was to “prove that the African private sector can itself be the primary generator of economic development.

    As a premier pan- Philanthropy African-focused not-for-profit institution, the Tony Elumelu Foundation

    is dedicated to the promotion and celebration of entrepreneurship and excellence in business leadership across the continent, with initiatives such as The Tony Elumelu Entrepreneurship Programme (TEF), powered by Africapitalism  The Foundation deploys its resources to generate solutions to challenges that inhibit the growth of the African private sector. Through its commitment to catalytic philanthropy, the Tony Elumelu Foundation seeks to achieve its mission by enhancing the capacity of African businesses, supporting and driving policies that promote competitiveness, deploying financial capital through impact investments, and educating public and private sector actors through rigorous research.

    Speaking about African potential, one African that stands tall and whose impact continues to transcend generations as he hearkens to the call of contributing his quota in liberating the continent from the shackles of stagnation  through his personal ideology, simply tagged; Africapitalism, is the Chairman of UBA and Heirs Holdings, Mr Tony Elumelu. Armed with this philosophy, Tony Elumelu has traversed the continent with an unwavering commitment that rare to find and is seeing him gradually change the face of Africa for good by empowering the continent through this laudable initiative.

    In his pursuit of this goals across the continent, Elumelu has continued to echo this words, “The future we all want for ourselves is one of our own making”. His assertion according to him, is firmly hinged on the fact that, economic development, though highly desired, is often out of reach for many countries. As such, he notes that all stakeholders in society have important roles to play in ensuring that this desired outcome is achieved. For a long time, matters pertaining to development have been viewed as the exclusive reserve of government.

     

    World Economic Forum

    Tony Elumelu was a member of the World Economic Forum’s Regional Agenda Council on Africa.

    His presence on the Bretton Woods Committee, which brings together senior leaders in the global banking industry, is recognition of his work on African development. He is a Fellow of the Nigeria

    Leadership Initiative (NLI).[10] He is involved, through his foundation, with the Tony Blair Africa Governance Initiative (AGI) in a partnership to strengthen the private sector’s role in the economic transformation of select African countries. This partnership is called the Blair-Elumelu Fellowship

    Programme. He is co-chair of the Africa Energy Leaders’ Group (AELG)

    Elumelu is a Trustee of the Infant Jesus Academy in Delta State,

     

    Philosophy

    Elumelu is the originator of the term Africapitalism, which he defines as an economic philosophy that embodies the private sector’s commitment to the economic transformation of Africa through long-term investments that create both economic prosperity and social wealth. Elumelu sees Africans taking charge of the value-adding sectors and ensuring that those value-added processes happen in Africa, not through nationalisation or government policies, but because there is a generation of private sector entrepreneurs who have the vision, the tools and the opportunity to shape the destiny of the continent. He insists that Africapitalism is not capitalism with an African twist; it is a rallying cry for empowering the privatesector to drive Africa’s economic and social growth.

    Elumelu subscribes to Michael Porter’s concept of Creating Shared Value (CSV). He studied under Professor Porter at Harvard Business School and Professor Porter is the Founding Patron of The Tony Elumelu Foundation.

     

    National Honours

    In 2003, the Federal Government of Nigeria granted Tony Elumelu the title of Member of the Order of the Federal Republic (MFR), a national honour. In 2006, Elumelu was voted African Business Leader of The Year by Africa Investor magazine and was recognized African Banker of the Year in 2008 by African Banker magazine. In 2009, the Nigerian President Umaru Musa Yar’adua asked him to serve on the Presidential  Recognition Committee on the Global Financial Crisis.

    In 2012, he was awarded the prestigious National Honour of Commander of the Order of the Niger (CON) for his service in promoting private enterprise.[19] He was recognised as one of “Africa’s 20 Most Powerful People in 2012” by Forbes magazine.  In addition, New African magazine featured him in their list of the “100 Most Influential Africans in Business”. He was awarded an honorary doctorate of science degree from Benue State University and an Honorary Doctorate of business administration from the University of Nigeria, Nsukka.

    In 2013, Elumelu received the Leadership Award in Business and Philanthropy from the Africa-America Institute (AAI) Awards.  He was also named African Business Icon at the 2013 African Business Awards.

    ESI-Africa, frequently described as “Africa’s power journal”, named Elumelu in its 2015 “ESI Most Influential Figures in African Power” list, in January 2015.

    At the 5th edition of the annual Economic Forum of the Ivorian National Council of Employers, CGECI Academy, (CGECI) in Abidjan in April 2016, he was awarded a Lifetime Achievement Award. The list goes on-and-on

  • FG to streamline SMEs intervention policies, says Osinbajo

    FG to streamline SMEs intervention policies, says Osinbajo

    Vice President Yemi Osinbajo on Saturday said that the Federal Government would streamline intervention policies for Small and Medium Enterprises (SMEs) to enable more people to benefit.
    Osinbajo gave the assurance at the Third Annual Tony Elumelu Foundation (TEF) Entrepreneurship Forum in Lagos.
    He said that the government would continue to embrace policies that would encourage start-ups to thrive.
    He commended the Founder of TEF, Mr Tony Elumelu, for the initiative, which he noted had been result-oriented.
    Speaking on “Tyranny of the Past or History”, Osinbajo called on Africans to stop remembering the past with apprehension.
    He said that dwelling on the past could cripple ones hope and vision.
    According to Osinbajo, African countries are nearly defeating hunger and famine with new farming tools, discovering cure for diseases and eradicating most causes of infant mortality.
    He called on the TEF participants to take advantage of the initiative for the growth and development of their countries instead of relying on the past.
    “The great days have come, everyone that has succeeded has his or her own failures,” Osinbajo said.
    Earlier, Alhaji Aliko Dangote, President, Dangote Group, identified infrastructure gap, corruption, policy inconsistency, low inter-trade rate and scarcity of finance as some challenges of entrepreneurship development in Africa.
    Dangote, however, said that a resilient investor would overcome the challenges.
    He said that SMEs should avoid waste, build strong teams and ensure cost efficiency to survive.
    Dangote said that Africa’s potential was enormous, hoping that the continent would experience a boom with enhanced agriculture.
    Zamfara State Gov. Abdul’aziz Abubakar Yari said that public and private sectors should work together for industries to survive.
    Yari urged that Africa should do away with corruption and policy inconsistency to advance.
    Kastina State Governor, Alhaji Aminu Bello Masari, said that African leaders must ensure formulation of policies with the private sector for the survival of the continent.
    Masari said that proper education was paramount for entrepreneurs to succeed, adding that basic education was important for the growth of any business.
    He urged access to loans by SMEs at lower interest rates.
    Oba Otudeko, Chairman, Honeywell Plc, said that government and private sectors’ cooperation was important for Africa’s development.
    Otudeko remarked that entrepreneurship was not easy, and urged entrepreneurs to conceive unique ideas to succeed.
    “Empires of the future are empires of the mind”, Otudeko said.
    He added that African leaders should implement policies that would improve logistics and intra-African communications. (NAN)

  • Lesson Tony Elumelu learnt from Mayweather

    Lesson Tony Elumelu learnt from Mayweather

    There is no gainsaying that money unlocks forbidden gates. It is the password to the palace of kings, the ATM card to withdraw connections and buy renown. Money is also the ticket for joining the exclusive club of the lucky few who get to enjoy rare items or once-in-a-lifetime events, whether it be taking delivery of a limited edition Rolls Royce or getting the best arena seats for the “fight of the century”.

    In this, Heirs Holding boss Tony Elumelu can count himself among the lucky few. The chairman of UBA and Transcorp, among other multi-billion naira ventures, was on hand in far-away Las Vegas, Nevada to watch the epic battle between undefeated boxing legend Floyd Mayweather Jr and mixed martial arts specialist Connor McGregor.

    Sitting in one of the premium seats courtside, the founder of the Tony Elumelu Foundation was mesmerised by the pugilistic power and finesses on display as the two gladiators matched each other blow for blow for 10 rounds before the referee stopped the match.

    As he watched Mayweather torment his hapless opponent with brutal blows, Elumelu must have got some inspiration on how to deal with his own challenges back home.

  • Elumelu urges Nigerian students to embrace entrepreneurship

    Elumelu urges Nigerian students to embrace entrepreneurship

    Dr Tony Elumelu, Chairman, United Bank for Africa (UBA), urged Nigerian students to embrace entrepreneurship in order to overcome the problem of unemployment.

    Elumelu, founder of the Dr. Tony Elumelu Foundation made the call in Sokoto where he addressed students at the National Dialogue Series organized by the Students’ Union, Usmanu Danfodiyo University, Sokoto.

    The Dialogue Series was organised in collaboration with the management of the institution.

    Himself, Tony, a successful entrepreneur, acknowledged with gratitude while expressing happiness for the opportunity accorded him to speak directly to the youths.

    According to him” I applaud this kind of initiative that brings today’s leaders and the people to whom the future truly belongs to interact and share perspectives.

    “ The Tony Elumelu Foundation is committed to empowering young African men and women as my contribution towards the development of our continent.

    ” This is borne out of my deep-rooted belief that entrepreneurship is the single most critical
    ingredient for economic empowerment and jobs creation.”

    Elumelu further commended the efforts of the Vice Chancellor, Professor Abdullahi Abdu Zuru and the University’s management for instituting the National Dialogue Series.

    In the same vein, he lauded the efforts of an alumnus of the University Dr. Shadi Sabeh, for his
    efforts and the Tony Elumelu Foundation, respectively in seeing that the National Dialogue Series sees the light of the day while describing Shadi as,” a fine example of the great force and impact our young ones can achieve if we support and empower them.”

    However, the successful entrepreneur also called on the students to be proud of the University which had produced many great men like Shadi, and Sokoto State Governor, Barrister Aminu Waziri Tambuwal, whom he described as,” a digital governor.” adding that,” the Usmanu Danfodiyo University has such rich legacy, an impeccable pedigree, and an outstanding academic track record that distinguishes it as one of Nigeria’s finest institutions.

    “If you are a student of this great university, you have every reason to be proud, and if you are an alumnus, you equally have every reason to be proud.”

    In his remarks, Chairman of the occasion, Alhaji Muhammad Zangaria, acknowledged the great impact the guest speaker has been making in seeing that the African Continent joins the league of developed nations.

    Also speaking, Vice-chancellor of the University, Professor Abdullahi Abdu Zuru, lauded the UBA
    Chairman for the intellectual nurturing of students of the institution noting that Elumelu remains an icon of great recognition
    in the continent and globe at large.

    Zuru further advocated the establishment of the Tony Elumelu Business School in the University, in partnership with Elumelu while disclosing that the proposed School would be training budding Entrepreneurs in the country, to further tame poverty, unemployment and youths restiveness.

    Similarly, the Vice Chancellor opined that the proposed school would help in providing plausible solutions to the formidable socio-economic problems plaguing Nigeria.

    While commending the management of the institution, President of the Students Union, Comrade Idris Mubarak Maibasira said,” the unparalleled philanthropic movement of Elumelu had taken a myriad of Nigerians out of poverty and had equipped scores with entrepreneurial skills.

    He further enjoined the Sokoto State Government and Elumelu ‎ to assist in easing students accommodation problems on campuses while requesting the UBA Chairman to construct a pedestrian bridge at the “Kofar mata” route, to serve as part of the Bank’s Corporate Social Responsibility.“

  • Universities not established for jobs creation – Obaseki

    Universities not established for jobs creation – Obaseki

    The Edo Governor, Mr Godwin Obaseki, said universities in the country were not established for jobs creation, but to advance learning, promote research and build character of students.

    Obaseki made the assertion on Saturday at the second day of the 21st Convocation Ceremony of the Ambrose Alli University (AAU), Ekpoma.

    The governor said that most universities had deviated from their primary aim of promoting research and development and concentrated on having too many non-academic staff.

    “The university needs all levels of supportive staff, but the current practice where the number of non-academic staff outweighed the numbers of academic staff and researchers is not acceptable, not tenable and unsustainable.

    “Universities should through investment, efficient management of funds, partnership with the private and government sectors, grants from international bodies and Alumni association, thrive to be self-sustaining,’’ he said.

    Obaseki said that with the current recession, universities should not shy away from getting rid of their redundant and unproductive staff in the various faculties.

    “Universities should be able to check waste and corruption and stop relying on the government for subvention, because the government is almost broke,’’ he advised.

    The governor tasked the nation’s university authorities to engage in publication of journals, innovations and technology advancement of students to make them relevant in the present world of ICT.

    The university Vice-Chancellor, Prof. Ignatius Onimawo, said that the institution had achieved numerous successes in the areas of fibre optic technology, infrastructural development, internally generated revenue and accreditation of 64 programmes.

    Onimawo listed areas of need to include partnership in investment ventures such as in agriculture going by the vast arable land and dam to boost the institution’s revenue.

    Others were perimeter fencing of the school, construction and tarring of roads within the campus, building of the vice-chancellor’s lodge, completion of the administrative building and provision of more students’ accommodation.

    The Chancellor, His Highness, Alhaji Yahaya Abubakar, the Etsu Nupe of Bida, attributed the university’s giant strides to the enabling environment provided by the state governor, saying that available resources would be judiciously utilised.

    The chancellor also commended the governor for mobilising the contractors working on the administrative building back to site, saying that completion of the project would solve the problems of office accommodation.

    The governor was installed as the 15th visitor of the institution by the state Chief Judge, Justice Eseohe Ikponmwan.

    There was also presentation of honourary degrees on Chief Tony Elumelu (Business Administration), Dr Mathew Okpebholo (Engineering) and Dr Robson Momoh (Literature).

    The university awarded Post-graduate Degrees to 130 graduands with a breakdown of 40 Post-graduate Diploma, 76 Masters Degrees and 14 Doctorate Degrees, while 2,265 graduands were on Friday awarded First Degrees.

  • Osinbajo to attend 2017 National Insurance Conference

    Osinbajo to attend 2017 National Insurance Conference

    Mr. Shola Tinubu, Chairman, Planning Committee, 2017 National Insurance Conference (NIC), said on Tuesday that Acting President Yemi Osinbajo would declare open the three-day conference to begin on July 9.

    Tinubu, who made this known at a press briefing in Lagos, said that the conference would hold at the Transcorp Hotel, Abuja.

    He said the conference was aimed at removing all inhibitions against growing insurance business in Nigeria.

    “It is insurance practitioners and stakeholders’ pleasure to applaud the Federal Government for the all policy directions, especially against the backdrop of the nation’s recessive economy.

    “There was the dire need for a reversal of the economic trend, and the Federal Government through the promotion and exportation of local products and policies, is gradually leading the economy out of recession.

    “Also, worthy of commendation is the three years Economic Recovery Growth Plan (ERGP) from 2017-2020,” he said.

    Tinubu said the 2017 conference with the theme: “Nigeria Open for Business”, was apt in view of the Federal Government’s Ease of Doing Business Initiatives (EDBI).

    He noted that the EDBI was spearheaded by the Presidential Enabling Business Environment Council (PEBEC).

    Tinubu said that this year’s conference would be the third since the conception of the Insurance Industry Consultative Council (IICC) in 2015.

    He said the Minister of Finance, Mrs. Kevin Adeosun, would be the Chairman of the technical session of the conference while the Commissioner for Insurance, Alhaji Mohammed Kari, would be the chief host.

    “Mr. Tony Elumelu, Chairman of Tony Elumelu Foundation, will be discussing the theme paper with the aim of making delegates to draw from the speaker’s enormous exposure and experience in the nation’s financial services sector.

    “Discussants include Dr. Joseph Nanna,  Deputy Governor of the Central Bank of Nigeria;  and Alhaji Kyari Bukar, Executive Secretary of Nigeria Economic Summit Group,  among others,” he said.

    The News Agency of Nigeria (NAN) reports that IICC is the amalgamation of all the constituent arms of the insurance industry.

    It includes the Nigerian Insurers Association (NIA), Nigerian Council of Registered Insurance Brokers (NCRIB) and Institute of Loss Adjusters of Nigeria (ILAN), while the Chartered Insurance Institute of Nigeria serves as the coordinating arm.