Monday, 30 July 2012

Heirs Holdings announces new appointments

Heirs Holdings, the pan-African proprietary investment company, has announced executive level appointments in three key subsidiaries, as well as the recruitment of a Group Chief Operating Officer.
The positions, according to a statement from the company, underscore Heirs Holdings’ focus on the financial services, energy, agribusiness, real estate and hospitality sectors, and its commitment to attracting senior management talent, as the firm continues to deploy its proprietary capital across Africa.
The appointments include that of Adim Jibunoh, who is now Heirs Holdings’ Chief Operating Officer and Angela Aneke as Chief Executive Officer of Heirs Alliance- the Group’s advisory and consulting division.
Yinka Ogunsulire will take up the role of Chief Execuitve Officer of Heirs Real Estate, and Samuel Nwanze will become Chief Executive Officer of HH Capital, responsible for proprietary investments.
The Chairman of Heirs Holdings, Tony Elumelu, explained that the appointments were illustrative of “our commitment to an operating structure and senior management team commensurate with our investment mission.”
He added: “Within a short period of time, we have created a significant portfolio of assets, and with these top executives, we look forward to further delivering on our core objective of creating long-term shareholder and social value, through focused investment across Africa.”
Jibunoh has 27 years of experience in the financial services industry, and has strong leadership skills. He was the Managing Director and Chief Executive Officer of Continental Trust Bank until 2004.

Prior to this, he was an Executive Director at Standard Trust Bank (now UBA Plc). He holds a first class Economics degree from the University of Port Harcourt and an MBA in Financial Management from the University of Lagos. In addition, he has received executive management training at IMD Switzerland, Lagos Business School and Harvard Business School.
Aneke has over 27 years of banking experience that spans Citibank, Ecobank, and United Bank for Africa (UBA).  She serves as a non-Executive Director on the board of UBA Group, is Chairperson of UBA Metlife, and was until 2010, an Executive Director at UBA. Ms. Aneke is also a non-Executive Director of Transnational Corporation of Nigeria (Transcorp) where she serves as Chairperson of Teragro (Transcorp’s agribusiness subsidiary). She holds a B.Sc. in Business Administration from The American University, Washington DC, and became an international associate of the American Institute of Certified Public Accountants in 1985.
Ogunsulire who is generally regarded as one of the leading property development professionals in Nigeria, was previously Managing Director of ARM Properties Plc, the real estate subsidiary of Asset and Resource Management Limited and holds an M. Phil in Land Management from the University of Reading, England. She has been a member of the Royal Institution of Chartered Surveyors since 1992.
Nwanze holds a Master’s degree in Finance and Management from Cranfield School of Management, London where he graduated as best student. Prior to joining Heirs Holdings, he was Group Treasurer of Bank PHB, where he oversaw Treasury activity in the bank’s five subsidiaries and eleven non-bank subsidiaries. Mr. Nwanze also sits on the boards of local and international organisations, including Mtanga Farms Ltd, Tanzania, a Heirs Holdings investee company.

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