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Helios Fairfax (TSX:HFPC.U) appoints Masai Ujiri to its Board of Directors

Finance, Market News
TSX:HFPC.U
03 August 2021 10:00 (EDT)
Helios Fairfax Partners - Director, Masai Ujiri.

Source: Giants of Africa.

Helios Fairfax Partners (HFPC.U) has appointed Masai Ujiri, President of the Toronto Raptors, to its Board of Directors.

In 2003, Ujiri co-founded Giants of Africa, an organization that helps youth play basketball in more than 17 African countries and territories.

In 2011, Ujiri, who grew up in Zaria, Nigeria, became the first African general manager in professional sports with the Denver Nuggets.

In 2019, under his leadership, the Toronto Raptors became the first team outside of the U.S. to win an NBA Championship.

Ujiri has also served as a board member of Basketball Without Borders and has travelled to African Union meetings with Prime Minister Justin Trudeau as part of the Canadian delegation.

This year, Ujiri is focused on the issue of child soldiers and peace, as well as advocating for equality and fair treatment for marginalized people in the justice system.

The summer of 2022 will see the inaugural Giants of Africa Festival bring together 200 youth from 11 African countries to Rwanda for a week-long celebration of basketball, education, culture and entertainment.

Helios Fairfax Partners is an investment holding company whose objective is to achieve long-term capital appreciation by investing in African businesses.

Helios Fairfax Partners (HFPC.U) is unchanged trading at US$4.41 per share as of 9:31 am ET.

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