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Tuesday, February 17, 2015

THE TONY ELUMELU FOUNDATION GETS NEW CHIEF EXECUTIVE


 The Board of Trustees of the Tony Elumelu Foundation has announced the appointment of Professor Reid E. Whitlock as Chief Executive of the Foundation. The appointment took effect from Sunday, February 15. Professor Whitlock’s appointment, according to a statement, follows Dr Wiebe Boer, the inaugural Chief Executive of the Foundation, becoming Director of Strategy at Heirs Holdings, ‎Mr. Elumelu’s pan-African proprietary investment company.

Founded in 2010 by serial entrepreneur and philanthropist Tony O. Elumelu, C.O.N., the Foundation is Africa’s leading advocate for entrepreneurship, responsible for programmes designed to ensure that entrepreneurs and entrepreneurship become the primary driver of Africa’s economic growth and social transformation.

Professor Whitlock brings 30 years of experience as a business school rector, diplomat, entrepreneur, strategy consultant and advisor to leaders in Africa, Asia and the Middle East on economic development. He received his Ph.D. and law degree from the Fletcher School of Law and Diplomacy at Tufts University. He also holds a Masters of Business Administration from Harvard Business School and is a cum laude graduate of Princeton University.

Speaking on his appointment, Professor Whitlock stated : “I am honoured by the opportunity the Board of Trustees has given me. I am excited to join such a dynamic institution, with a truly pan-African focus and an ambitious agenda. I look forward to leveraging my extensive experience and networks to further help the Foundation achieve its important goals.”
Dr. Whitlock will focus on supervising the Foundation’s four key projects and programmes:

• The $100 million pan-African Tony Elumelu Entrepreneurship Programme – Africa’s largest direct intervention in support of entrepreneurship.

• The Africapitalism Institute, the Foundation’s policy and research arm, which provides a rigorous programme of research and advocacy, in support of the Foundation’s goals.

• The Elumelu Nigeria Empowerment Fund, directly assisting, through private sector strategies, conflict affected and disadvantaged communities across Nigeria.

• The Tony & Awele Elumelu Prize, which champions academic excellence on the African continent.

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