Elumelu Receives Dwight D. Eisenhower Global Entrepreneurship Award
Chairman, Heirs Holdings, and United Bank for Africa, Tony Elumelu, was honoured with the 2017 Dwight D. Eisenhower Global Entrepreneurship Award for his contribution to the growth and development of entrepreneurial innovation and talent in Africa. The award ceremony and gala that took place at the historic venue, the Cipriani on Wall Street in New York .
Elumelu was honoured with the award by Business Council for International Understanding (BCIU), ), a non-profit, U.S.-based organization working to expand international trade and commerce and promoting dialogue between business and government communities across the globe.
At the award’s gala, former American President George W. Bush, acknowledged the efforts of the African entrepreneur saying ‘I am impressed with Tony’s philanthropic initiatives which are powering job creation and entrepreneurship in a region (Africa), that is very dear to Laura and me. To receive an award founded by President Eisenhower, has added meaning. Eisenhower provided example in leadership, which we can all learn from. Additionally, his belief in promoting international understanding is a vitally important responsibility’’
Speaking on the reason why Elumelu was selected as the recipient of this prestigious award, Peter Tichansky, the CEO of BCIU said: “Mr Elumelu’s bold approach and can-do mindset are exemplary characteristics of a visionary entrepreneur. He embodies the idea that companies must take the lead in bringing business and society together. His advocacy is proving that businesses, acting as businesses and not charitable donors, are the most powerful force for addressing social challenges and economic development.”
In his response, Elumelu said the award will further move him to encourage and support hardworking and ambitious entrepreneurs.
“I hope that this recognition and award will further inspire other endowed Africans and friends of Africa who want to give and support Africa in the 21st century to do so in a manner that helps to economically empower our young ones, encourage our women, make sure that we work together for an inclusive prosperity, one that touches everyone almost evenly.” He said.
He added that entrepreneurs in Africa need powerful leadership to further energise, encourage and motivate them to transform the continent.
Elumelu dedicated his award to his wife and children as well as the staff of UBA, Transcorp, Heirs Holdings, the Tony Elumelu Foundation and all the other companies within his group of companies. He thanked BCIU on behalf of entrepreneurs in Africa: “On behalf of the over 3,000 entrepreneurs who have benefitted from the Tony Elumelu Foundation Entrepreneurship programme, I say thank you very much.”