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Malawian banker Hitesh Anadkat makes $73 million from FMB Capital stake
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Malawian banker Hitesh Anadkat makes $73 million from FMB Capital stake
Key PointsHitesh Anadkat’s FMB Capital stake surged 13% in a week, boosting his net worth by $73.8 million to $642.8 million.FMB Capital’s market value topped $1.4 billion, driven by strong regional expansion across five Southern African countries.FMB stock rose 80.18% year-to-date, rewarding investors with gains reflecting growing confidence in African regional banking.After a difficult few months marked by sharp losses, Malawian banker Hitesh …
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