Tony Elumelu, a Nigerian billionaire and philanthropist, has been appointed to the IMF’s newly established Advisory Council on Entrepreneurship and Progress. Becoming a member of world figures like Marc Benioff, Salesforce CEO, and Reema Al-Saud, Saudi Arabia’s ambassador to the US, Elumelu will assist form insurance policies that promote innovation, entrepreneurship, and sustainable non-public sector-led progress. The council, created by IMF Managing Director Kristalina Georgieva, goals to boost macroeconomic circumstances throughout the fund’s 191 member nations. As chairman of Heirs Holdings and UBA, Elumelu brings deep experience in finance and improvement, additional amplified by his basis’s assist for over 25,000 African entrepreneurs. With this appointment and his cross-sector affect, the Nigerian billionaire additional solidifies his function as a strong voice in world financial reform.
Supply: Business Insider Africa