Why Hakeem Belo-Osagie Sold UBA For $250m After Saving It From Bankruptcy
Hakeem Belo-Osagie says buying UBA was meant to be an investment, not a lifelong banking career. He discovered the bank was effectively bankrupt weeks after the acquisition and spent years rebuilding it. The turnaround came with mass restructuring, repeated investigations and intense political pressure. After increasing the bank’s value more than sixteen-fold, he chose to […]
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