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New York-based interfaith foundation to honour Tony Elumelu’s exemplary leadership

Ndi Eugene Ndi by Ndi Eugene Ndi
September 9, 2025
in Economy
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Nigerian billionaire Tony Elumelu keen on diversifying investments in Cameroon

Tony Elumelu, TEF Founder and Heirs Holdings Chairman

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An interfaith coalition of business, religious, and diplomatic leaders that advocates for peace, religious liberty, and respect for the other based in New York, USA, the Appeal of Conscience Foundation, has announced it will honour Nigerian entrepreneur Tony Elumelu with an award for his visionary leadership later this month.

The Chairman of Heirs Holdings, The United Bank for Africa, and Founder of the Tony Elumelu Foundation, will be honored with the Appeal of Conscience Award at the New York-based foundation’s Annual Gala, taking place on September 29, 2025, at the Waldorf Astoria in New York City under the aegis of Brian Moynihan, Chair and CEO of Bank of America.

The Award is presented to public figures who exemplify enlightened leadership and uphold the principle that “a crime committed in the name of religion is the greatest crime against religion”, the Foundation, founded by Rabbi Arthur Schneier in 1965 said.

“Tony Elumelu stands as a beacon of ethical entrepreneurship and visionary leadership,” said Rabbi Schneier. “Business can be a powerful force for peace, stability, and human dignity. His commitment to uplifting others is a living example of conscience in action.”

Elumelu has championed youth entrepreneurship, financial inclusion, and African-led development through his philosophy of “Africapitalism”, the idea that the private sector must play a central role in driving social and economic progress.

The awardees

Through his enduring $100 million-plus commitment, the Tony Elumelu Foundation’s Entrepreneurship Program has selected and funded over 24,000 African entrepreneurs across all 54 African countries. Initiatives including the BeGreen Africa program have further expanded this impact, equipping 1,600 innovative green businesses with the skills and support to advance environmental sustainability, drive climate action, and create jobs for Africa’s youth.

Elumelu’s family-owned investment Group, Heirs Holdings, recently released a 15-Year Impact Report which highlights how the Group’s CSR activities have positively impacted over 500,000 people, reflecting its steadfast commitment to improving lives and transforming the African continent.

“To be honored by the Appeal of Conscience Foundation is to be reminded that leadership is about service,” said Tony Elumelu. “This recognition strengthens my resolve to continue empowering the next generation and building bridges of hope and prosperity across the globe. I accept it on behalf of all those who embody Africapitalism, working tirelessly to create opportunities and build a better future for all.”

The Archbishop of New York, His Eminence Timothy Cardinal Dolan, will also be honoured with the same award. Describing the Prelate as his “dear friend”, Rabbi Schneier said Cardinal Timothy Dolan, endowed with wisdom, vision, and compassion, has earned the trust and respect of people and communities both in New York and throughout the Nation.

“He embodies the biblical commandment ‘Love thy neighbor as thyself,’ practicing what he preaches and uplifting all who know him, exuding confidence and hope for a brighter future. We have bonded throughout the years through our shared commitment to religious freedom and advancing interreligious cooperation and peaceful coexistence. Cardinal Dolan is a steadfast leader in our fractured world, inspiring people of all faiths to seek unity over division. He is a blessing in our midst, well-deserving of appreciation for his valuable contribution to the work of the Appeal of Conscience Foundation”, said Rabbi Schneier.

“I am deeply honored and humbled to accept the Appeal of Conscience Award, especially from my dear friend and brother in faith, Rabbi Arthur Schneier. For decades, Rabbi Schneier has stood as a beacon of moral clarity, interfaith dialogue, and courageous advocacy for human rights and religious freedom,” said Cardinal Dolan.

“To receive this recognition from the Appeal of Conscience Foundation is both moving and profoundly meaningful. Our shared commitment to peace, mutual respect, and the sacred value of every human life binds us across faith lines and inspires me daily in my ministry. May our united voices for justice and understanding continue to echo in a world so deeply in need of both.”

Tags: Appeal of Conscience FoundationHis Eminence Timothy Cardinal DolanTony Elumelu

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