Heirs Holdings appoints two new directors

Leading pan-African investment firm, Heirs Holdings (HH), today announced the appointments of Chiugo Ndubisi and Victor Osadolor to its Board of Directors, effective August 26.

Chiugo Ndubisi joins Heirs Holdings Board of Directors as Executive Director. An accomplished financial services professional with 25 years of banking experience, he will be responsible for driving the growth of Heirs Holdings' investment portfolio. Prior to joining Heirs Holdings, he served as an Executive Director at United Bank of Africa Plc (UBA), overseeing treasury and international banking operations. He was also responsible for the Group's international subsidiaries: UBA America, UBA UK, UBA France and UBA Dubai.

Victor Osadolor, a banking and finance expert with 30 years of experience in capital markets, credit and financial risk, joins HH's board of directors as a non-executive director. Victor recently chaired the Abuja Electricity Distribution Company and served as a non-executive director on the boards of African Finance Corporation (AFC), Lagos, Nigeria and CenPower Holdings Limited in Accra, Ghana. Victor was previously Executive Director at UBA, before serving as Deputy Managing Director/Group CEO, overseeing the group's subsidiaries in 19 African countries outside of Nigeria.

Heirs Holdings Chairman Tony Elumelu said, "We are delighted to welcome such accomplished individuals to our Board of Directors. Both have a proven track record of value creation and leadership. impact in the financial services space, and I'm confident they will bring great value as we execute the next phase of our growth."

Heirs Holdings is a leading pan-African investment company. Its investment portfolio spans the power, oil and gas, financial services, hospitality, real estate and healthcare sectors, and operates in twenty-three countries around the world. /p>

Heirs Holdings is inspired by Africapitalism, the belief that the private sector is the primary driver of economic and social wealth creation in Africa. Guided by this philosophy, Heirs Holdings invests for the long term, bringing strategic capital, industry expertise, a track record of business success and operational excellence to the companies in which we invest.

Heirs Holdings is committed to improving lives and transforming Africa through its private sector investments and philanthropic arm, the Tony Elumelu Foundation, which catalyzes entrepreneurship across Africa. Through the $100 million Tony Elumelu Foundation Entrepreneurship Program, funded by Heirs Holdings, and its advocacy and research initiatives, the Tony Elumelu Foundation empowers thousands of African entrepreneurs, in all 54 African countries , eradicate poverty and catalyze job creation on the continent. Support the integrity and credibility journalism of PREMIUM TIMES Good journalism costs a lot of money. Yet only good journalism can guarantee the possibility of a good society, an accountable democracy and a transparent government. For free and continued access to the best investigative journalism in the country, we ask that you consider providing modest support to this noble endeavour. By contributing to PREMIUM TIMES, you help sustain relevant journalism and keep it free and accessible to everyone.

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