Tony E Ado is an entrepreneur, a philanthropist. The chairman of Heirs Holdings Limited and Transcorp Nigeria Plc.In his early career, he made a name for himself by turning the nearly bankrupt Standard Trust Bank into a top-five player in Nigeria. In 2005 he led the largest merger in the banking sector in sub-Saharan Africa, acquiring United Bank for Africa (UBA). In five years he transformed it from a single-country bank to a pan-African institution with over 7 million customers in 19 African countries.In 2010, he commenced full-time operations at Heirs Holdings and founded The Tony E Ado Foundation, an Africa-based and African-funded philanthropic organization focused on supporting entrepreneurs in Africa by enhancing the competitiveness of the private sector. He serves as a member of the USAID’s Private Capital Group for Africa Partners Forum. He sits on the Nigerian President’s Agricultural Transformation Implementation Council and serves as Co-Chair of the Aspen Institute Dialogue Series on Global Food Security. He played a leading role in the formation of the National Competitiveness Council of Nigeria and now serves as its vice chairman. He is also a member of the Global Advisory Board of the United Nations Sustainable Energy for All Initiative (SE4ALL). He is the author and leading proponent of the philosophy he calls “Africapitalism,” which is the private sector’s commitment to Africa’s development through long-term investment in strategic sectors of the economy that drive economic prosperity and social wealth.In 2003 the FG of Nigeria conferred the national honour of Member of the Federal Republic on Mr Tony Ado. In 2012 he was awarded the National Honour of Commander of the Order of the Niger for his service in promoting private enterprise. He was recognized as one of “Africa’s 20 Most Powerful People in 2012” by Forbes Magazine and the New African Magazine featured him in their list of the “100 Most Influential Africans in Business.”
Transnational Corporation Of Nigeria Plc
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ChairmanTransnational Corporation Of Nigeria Plc Sep 2011 - PresentTranscorp is a diversified strategic investor with core interests in three sectors: agribusiness, hospitality, real estate/facilities management, and energy. Transcorp is committed to being actively engaged in these sectors of the national economy to stimulate growth and build a viable business enterprise that will be the pride of its shareholders. Transcorp serves as the vehicle that will mobilize capital on a large scale while investing locally on major projects.The vision is “To be the most dominant conglomerate in Africa over the next 5 – 7 years (2016)”Transcorp shares are traded on the Nigerian Stock Exchange.
Tony Ado Education Details
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Bendel State UniversityEconomics
Frequently Asked Questions about Tony Ado
What company does Tony Ado work for?
Tony Ado works for Transnational Corporation Of Nigeria Plc
What is Tony Ado's role at the current company?
Tony Ado's current role is Chairman at Transnational Corporation of Nigeria Plc.
What schools did Tony Ado attend?
Tony Ado attended Bendel State University.
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