Somachi Chris-Asoluka appointed CEO of the Tony Elumelu Foundation

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The new CEO will take office on 1 March 2023 and replaces the former CEO, Ifeyinwa Ugochukwu, who has retired, the Foundation said.

In her new role, the Foundation explained, Chris-Asoluka will leverage her expertise, experience and network to provide strategic leadership in consolidating and deepening the company’s work of transforming Africa through entrepreneurship.

Since the launch of the TEF Entrepreneurship Programme in 2015, the Foundation has trained over 1.5 million young Africans on its digital hub, TEFConnect, and disbursed nearly USD$100 million in direct funding to 18,000 African women and men, who . . .

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