Next up in our Conduct Speaker series is the most prominent Rogue Trader of our time, and will all the controls that are now in place, potentially the last Rogue Trader we shall ever see. Please join us, as we hear from Kweku Adoboli. For tickets please contact [email protected]
Kweku Adoboli – UBS Rogue Trader
In 2011, under pressure to accelerate trading profits through client and proprietary trading, the desk incurred a $2.3bln trading loss to the bank. In 2011 Kweku took sole responsibility for the trading loss and systems employed by the desk. Subsequently convicted of fraud, but found not guilty of false accounting, he served half of a seven-year prison sentence.
Since release from prison in June 2015, Kweku has worked with students, academics, regulators, and multi-disciplinary corporate institutions across the UK to help deliver lessons on risk management, ethics, complexity and failure.
Kweku has gained a unique understanding of the geopolitical links between global financial, criminal justice and immigration systems, and our wider societies. He is a staunch advocate for cultural and systemic change in the finance industry with a practical and academic focus on ethics, responsible leadership and purposeful – rather than extractive – financial activity. Controversially deported from the UK in November 2018, just as the West endeavours to build its wall to keep out the populations of the Global South, Kweku now shares his lessons across Africa and the world.
