Tony Elumelu Foundation, Africa’s Leading Entrepreneurship Philanthropy, Appoints Former Director of Partnerships as CEO

LAGOS – December 13, 2018: The Board of Trustees of the Tony Elumelu Foundation, Africa’s leading philanthropic organisation empowering African entrepreneurs, announced the appointment of Ifeyinwa Ugochukwu as Chief Executive Officer at the end of its Board Meeting on December 12. This appointment takes effect from April 1, 2019.

Ifeyinwa will lead the team in scaling the impact of the Foundation which is globally recognised for pioneering a new approach to philanthropy with its USD$100 million commitment to empowering African entrepreneurs. The Foundation’s mission is rooted in Africapitalism, which positions the private sector as the key enabler of economic and social wealth creation in Africa.

Ifeyinwa served as Director of Partnerships of the Tony Elumelu Foundation since November 2017 and succeeds Parminder Vir, OBE, who has been elevated to the Advisory Board of the Foundation. In her new role as CEO, Ifeyinwa will leverage her expertise, experience and network to provide strategic leadership in realising the Foundation’s goal of transforming Africa through entrepreneurship.

Source:  Tony Elumelu Foundation