Oil

Nwanze, ED\CFO of Heirs Energies Named Africa CFO of the Year

Samuel Nwanze, ED\CFO Heirs Energies Group

It was an exceptional achievement with immense pride for Heirs Holdings Group as Samuel Nwanze, Executive Director & Chief Financial Officer (CFO) of the Group was named as Africa CFO of the year at the prestigious All Africa Business Leaders Awards (AABLA) in partnership with CNBC Africa.

This remarkable accomplishment is a testament to its Group Chairman, Tony Elumelu and his philosophy of championing African excellence through Africapitalism.

Under his leadership the Group has built an ecosystem that empowers leaders like Nwanze to thrive and redefine the African business landscape

Nwanze’s win is a direct reflection of the world-class talent and strategic ambition Heirs Holdings Group is building within its group. His leadership in high-stakes finance and investment is a key driver of success, making this award a point of pride for the Group.

Nwanze is not only a CFO in the traditional sense. He is an architect of growth, a dealmaker, and a strategic force. His journey with Heirs Group has been defined by landmark transactions and unwavering financial discipline that has reshaped its portfolio and the energy landscape in Africa.

Nwanze’s Record:

·    The $2.5 Billion Masterstroke: He orchestrated the raising of a $2.5 billion financing facility, showcasing his profound capability to access global capital. With strategic precision, he deployed these resources to secure the landmark 45% acquisition of OML 17 – a masterful execution that highlights expert capital allocation and stands as one of the largest oil and gas financings in Africa in over a decade, earning the prestigious Project Finance International (PFI) ‘African Oil Deal of the Year’ award in 2021

·    A Portfolio Built on Acumen: As Chief Investment Officer, his strategic oversight spans a diversified empire exceeding $10.3 Billion in assets under management across Oil & Gas, Power, Financial Services, and

·    Real Estate.

·    From Banking to Boardrooms: His foundational experience as Group Treasurer in one of the leading banks at the time, managing treasury operations across the continent, forged the financial rigor he brings to every decision.

 

This award, judged by a panel of the continent’s most respected business leaders, validates what Nwanze is always known for: His expertise is world-class and he is a sought-after voice at the African Union, the Milken Institute, and Oxford Saïd Business School, and his recent role as the first African on the board of the Global Impact Investing Network (GIIN) places him at the forefront of global finance.

Nwanze is a cornerstone of Heirs Holdings Group success. His vision and execution are directly linked to growth, stability, and ambitious future.

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