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Hakeem Belo-Osagie, (United Bank for Africa), HBS 1980, grew up in Nigeria, England and the United States. After graduating from HBS in 1980, he returned to Nigeria to work in financial services. He started at a securities trading outfit and soon realized that there was little trading activity going on in commercial paper, treasury bills and bankers acceptances. So, together with a few Nigerian shareholders and some international shareholders like the World Bank, he set up a niche firm. Later, he realized that if a large commercial bank were well organized and efficient, it would "blow a smaller group (like his) out of the market." When the Nigerian government decided to sell its shares in the United Bank for Africa, Hakeem recognized a bargain and purchased the bank. Today, Hakeem Belo-Osagie is Chairman of the United Bank for Africa. In March 2002, he described his his experiences as an entrepreneur and business leader in Nigeria.