Elumelu’s Heirs Holdings appoints Okeke as Group Executive Director

Newly Appointed Group Executive Director, Heirs Holdings, Dan Okeke, August 5, 2020.

A pan-African investment company, Heirs Holdings, has announced the appointment of Dan Okeke as the Group Executive Director with effect from August 1.

Okeke has had a distinguished three-decade career at the United Bank for Africa Plc (UBA), where he recently served as an Executive Director in charge of leading consumer, commercial and public-sector businesses.

As Group Executive Director, he would be responsible for business coordination and growth across Heirs Holdings’ portfolio.

A file photo of Founder/Chairman, Heirs Holdings, Tony Elumelu.

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.


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Celebrating its 10th anniversary this year, Heirs Holdings has recorded consistent business success across its portfolio of investments.

Commenting on the appointment, Elumelu said: “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.”


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On his part, Okeke said he was delighted to take on the new challenge, adding that he was prepared to contribute towards the fulfillment of Heirs Holdings’ objective of improving lives and transforming the continent.

Heirs Holdings is a family-owned investment company committed to improving lives and transforming Africa. Its portfolio spans power, oil and gas, financial services, hospitality, real estate, and healthcare sectors, operating in 23 countries.

Idowu Sowunmi