Tony Elumelu, the Chairman of Heirs Holdings, announced the death of his father-in-law, Chief Israel C. Ogbue, who passed away peacefully at the age of 99. Elumelu shared this news through a statement on his blog, reflecting on Ogbue's profound impact on his life and career. He described Ogbue as a foundational figure whose absence will be significantly felt, highlighting the loss of a personal mentor and family member.

Chief Israel C. Ogbue served on the board of UBA Group as a Non-Executive Director beginning in 2005, the same year Tony Elumelu facilitated the merger of Standard Trust Bank and UBA, a pivotal event that is often cited as one of the most transformative mergers in Sub-Saharan Africa's banking sector. Elumelu remembers Ogbue not just for his professional contributions but also for the personal relationships and values he imparted, describing him as someone who quietly became an integral part of his life.

Ogbue's legacy is significant not only in Elumelu's personal life but also in the broader financial landscape of Nigeria and Africa. His involvement in UBA and the banking industry illustrates the critical role of mentorship and familial ties in shaping successful careers. Elumelu's heartfelt tribute underscores the importance of such relationships in both personal development and professional achievements, honoring Ogbue's enduring influence in his life and the industry at large.