Nigeria, March 28 -- The International Monetary Fund (IMF) has appointed Nigerian entrepreneur and philanthropist Tony Elumelu to its newly established Advisory Council on Entrepreneurship and Growth.

The appointment was disclosed in an official statement issued on Friday.

The council, convened by IMF Managing Director Kristalina Georgieva, brings together global business leaders, policymakers and academics to advise on how macroeconomic and financial policies can create a more enabling environment for entrepreneurship, innovation and productivity.

"The Council brings together a group of leading thinkers and practitioners in business, finance, academia, and policymaking to share their views and experiences on how macroeconomic and fina...