Femi Adewole, the managing director of troubled mortgage financier Shelter Afrique, has left the company after a tumultuous one-year term during which he came under pressure to raise additional capital and improve the financial health of the distressed lender.
Mr Adewole, a Sierra Leonean national, exited office on June 30 this year having served at the helm of the housing financier in an acting capacity and then as substantive MD since early 2017 following the resignation of Ugandan national James Mugerwa.
