Uacn Property Development Company
Fola is a finance professional with experience spanning corporate finance, principal investing and private equity. Over the course of his career he has lived and worked in Sub-Saharan Africa’s most important economies gaining experience of the operating landscape in the region. Fola is the founder of Themis Capital Management, an investment firm focused on concentrating capital and talent on high-potential opportunities in Sub-Saharan Africa.
Prior to founding Themis, he worked with Kohlberg Kravis Roberts, a leading global investment firm with $168 billion in assets under management. His experience also includes working with the Standard Bank Group, where he led mergers and acquisitions in Nigeria.
Fola spent the early part of his career with Ocean and Oil Holdings Limited, a principal investment firm in Nigeria and ARM Investment Managers, one of Nigeria’s leading investment advisory and wealth management firms. He co-founded Foodpro Limited, a nutritional snacks business focused on edible nuts, where he currently serves as a non-executive director.
He holds a B.Sc (Hons) degree in Estate Management from the University of Lagos, where he was awarded a Certificate of Excellence in Real estate development and finance, and earned the right to use the CFA designation in 2006.
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Uacn Property Development Company
The United African Company (now known as UAC of Nigeria Plc) was formed in 1879 from the four European companies trading up the River Niger. As a result of extensive trading activities across Nigeria, UAC acquired a large number of produce warehouses, offices and residential structures, which in turn led to the company’s control of a significant amount of real estate all over Nigeria. These acquisitions were managed by a department of UAC, which became a subsidiary company, UACN Property Development Company in 1997. And in 1998, UACN Property Development Company (UPDC) was listed on the Nigerian stock exchange.