7: Starting a joint venture in Nigeria
We were approached, would we be interested in going into a joint venture in Nigeria alongside the Nigerian Industrial Development Bank.
Nicholas Baring (b1934) joined the bank in 1958. His early career included a number of overseas postings and in the 1970s he had a particular responsibility for the expansion of international investment banking. Later he performed a similar role in asset management before retiring as executive in 1989 to become Chairman of Commercial Union. He was trustee and eventually Chairman of the Baring Foundation.