Business, News

Tony Elumelu Foundation Gets New CEO

Tony Elumelu Foundation (TEF) has appointed Mrs. Ifeyinwa Ugochukwu as the new Chief Executive Officer.

The Board of Trustees on Tuesday, December 12, 2018 at the end of its board meeting made the appointment. Mrs Ugochukwu’s appointment takes effect from April 1, 2019.

Speaking on her new appointment, Mrs. Ugochukwu said;

“In my former role within the Foundation, I witnessed first-hand the potential of entrepreneurship in tackling Africa’s key challenges – unemployment and poverty.”

“Our recently launched TEFConnect, the digital networking platform connecting African entrepreneurs, investors and mentors for business success will further achieve our Founder’s goal of democratising luck across the continent and fostering business beyond physical borders.”

“I am honoured by the opportunity to build on Parminder’s legacy and launch the Tony Elumelu Foundation into its next phase of growth.”

Before now, Mrs. Ugochukwu served as director of partnerships of the Foundation since November 2017 and succeeds Parminder Vir who has been elevated to the advisory board of the foundation.

Speaking also on the appointment, the founder of TEF, Tony Elumelu said;

“As Director of Partnerships, Ifeyinwa demonstrated strong leadership and strategic thinking in delivering the Foundation’s mission to transform Africa, securing major partnerships that scale the impact of the Foundation beyond its targeted 10,000 entrepreneurs. She is the perfect candidate to build on Parminder’s immense contribution.”

READ  Saraki’s Wife Attacked