Dan Okeke, a former executive director of UBA Plc has been appointed to a similar position at the Pan-African investment company, Heirs Holdings.
Confirming the appointment of Okeke as Group Executive Director, Heirs Holding stated that appointment took effect from August 1, 2020.
At the company, Okeke, it was gathered, will be responsible for business coordination and growth across Heirs Holdings’ portfolio of pan-African investments in the power, financial services, oil and gas, hospitality, real estate, healthcare, and financial technology sectors.
Heirs Holdings is a family-owned investment company committed to improving lives and transforming Africa.
Its portfolio spans the power, oil and gas, financial services, hospitality, real estate, and healthcare sectors, operating in twenty-three countries worldwide.
It is driven by the Africapitalism philosophy of the Group’s founder, Tony Elumelu, which positions the private sector as the catalyst of African growth and seeks both social and economic returns on investment.
Heirs Holdings invests for the long-term, bringing strategic capital, sector expertise, a track record of business turnaround accomplishment and operational excellence to companies within its investment portfolio.
Speaking on Okeke’s appointment Chairman, Heirs Holdings, Tony Elumelu, stated:
As we continue to grow in scale and complexity, Dan’s appointment demonstrates our ongoing commitment to institutionalisation. We have always recognised the need to invest in human capital.
This announcement is a clear demonstration of our intent and determination to create sustainable value in all our business operations.
On his part, Okeke, while expressing joy over the appointment, said:
I am delighted to take on this new challenge and look forward to contributing towards the fulfillment of Heirs Holdings’ objective of improving lives and transforming the Continent.
Heirs Holdings was established in 2010 by businessman and philanthropist Tony O. Elumelu, CON upon his retirement in 2010 from the United Bank for Africa (UBA) Plc, where he had been its erstwhile Group Managing Director. The group has expanded its scope of investments from Nigeria to other parts of Africa and the rest of the world.