Corporate Client Solutions, UBS
Ade joined UBS Investment Bank, London, in February 2015 with responsibilities for Corporate Client Solutions across sub-Saharan Africa, focused on M&A, Equity and Debt Capital Market services.
He joined from Citi where he had been a senior banker covering Africa for the Institutional Client Group, developing relationships across the Corporate & Investment Bank and Private Bank. Prior to Citi, Ade was Regional Head, African Capital Markets at Standard Chartered Bank, London, for nine years up until 2011.
Ade’s banking career started at Bank of Tokyo-Mitsubishi, Ltd., within EMEA Project & Structured Finance, after initially working as an analyst for a major US energy group. He is also a qualified accountant who trained at Price Waterhouse.
Over the past 15 years, Ade has led several major advisory and financing transactions focused exclusively across sub-Saharan Africa, working closely with regulatory bodies, investors and issuers.
Such landmarks include:
CHF 100m bond issue for Africa Finance Corporation (July 2016);
$120m equity private placement for Afrimax (4G LTE pan-African operator);
establishing the first ever Ghanaian cedi-denominated MTN programme in Ghana (distributed to both local and European investors via credit linked notes);
advisor to the Government of Botswana on the sale and securitisation of local assets;
advisor to Vivendi on its acquisition of KenCell GSM licence in Kenya (now Airtel Kenya);
capital markets financing for Chilanga Cement (now Lafarge) in Zambia;
sole Arranger for debut KShs 25bn corporate bond for the Kenya Electricity Generating Company Ltd (KenGen);
sole Note Issuance Programme Arranger & Hedging Bank for Aluminium Africa Ltd, Tanzania;
sole Arranger & International Placement Agent for a major Nigerian bank; and
arranging the first-ever West African local currency supra issuance (winner of The Banker Deal of the Year) for the African Development Bank
Ade also acted as an external independent advisor to the African Development Bank on its creation of the African Infrastructure Finance Facility (“AIF”; now “Africa50 Fund”), presented a paper to the Federal Republic of Nigeria on “Vision 2020: Use of Capital Markets for Infrastructure Development & Sustainable Wealth Creation”, and is a frequent speaker on EM/African conferences and panels.