Nigerian banker and CEO of Access Bank Plc Roosevelt Ogbonna has bought a £15 million ($20 million) mansion in London’s Hampstead, famously known as Billionaires' Row.
The purchase comes just weeks after he stepped down as a non-executive director of Access Holdings Plc, Nigeria’s biggest financial services group in terms of assets.
The property, complete with a spa and entertainment suite, was initially listed for £17 million ($23 million), but Ogbonna sealed the deal at a discount, taking advantage of London’s cooling luxury housing market.
Ogbonna, who is also the CEO of Access Bank, holds a $2.7 million stake in Access Holdings and continues to play a central role in the bank’s international expansion strategy across Africa, the Middle East, and Europe.