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Tony Elumelu: Age is no Barrier to Success in Business

Muhammad A. Aliyu
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Muhammad A. Aliyu
ByMuhammad A. Aliyu
Muhammad Ameer Aliyu is a prolific journalist who joined Okay News in 2015, aiming to contribute to the platform's positive growth. Currently serving as the Senior...
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Published: 2023/01/18
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Tony Elumelu
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Tony Elumelu, business mogul and billionaire, has shown that age is no barrier to success in business, as he became the CEO of Standard Trust Bank and one of the youngest bank CEOs in Nigeria at the age of 34.

On Wednesday, Elumelu shared his thoughts on his accelerated success in business via his Facebook page.

Tony Elumelu at 34
Tony Elumelu at 34

In the post, Elumelu attributed his success to hard work and luck, and emphasized that his successes and failures have always been a driving force for him.

“This is me – aged 34! I had just become CEO of Standard Trust Bank and one of the youngest bank CEOs in Nigeria. It was a time of fast-paced change in our industry, and reform-minded policymakers had opened up paths for consolidation and strengthening our sector. Competition was intense – but youth was not a barrier,” Elumelu said.

He continued, “I owe my accelerated career and successes to two things: hard work and luck, and I know firsthand how these factors are inextricable in success. My successes – and yes failures – have always driven me to create opportunities for young people. I believe that our young have the talent and the zeal to transform our world.”

At 59 years old, Elumelu continues to be a successful businessman and philanthropist.

He has been an advocate for young entrepreneurs and has established the Tony Elumelu Foundation, which focuses on empowering young entrepreneurs in Africa.

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ByMuhammad A. Aliyu
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Muhammad Ameer Aliyu is a prolific journalist who joined Okay News in 2015, aiming to contribute to the platform's positive growth. Currently serving as the Senior Editor, he plays a key role in shaping the digital news landscape.
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