Access Bank Holdings Plc has announced Babatunde Osunkoya as its chairman, leading the new board and management in a new dispensation as a holding company.
The announcement follows the listing of the Access Bank Holdings as parent entity of Access Bank on the Nigerian Exchange Limited and the delisting of the bank from the Nigerian bourse.
Osunkoya, a seasoned professional comes with over 30 years’ experience spanning across banking, accounting, asset leasing and consulting.
He is the managing partner at Abax-OOSA Prioessionals, after spending 13 years at Bobabode Osunkoya & Co from 1994 to 2007 as its Principal partner.
In the new arrangement, Herbert Wigwe moves up the ladder to become the Group Managing Director of Access Holdings, continuing in a familiar terrain but with larger responsibilities, giving guidance and direction to the group.
On the Holdco are two Independent Non-Executive Directors and they are Abubakar Jimoh and Fatimah Bintah Bello.
The Non- Executive Directors are Ojinika Olaghere, Olusegun Ogbonnewo and Roosevelt Ogbonna who also double as the new managing director of the banking subsidiary.
With the upward movement of Wigwe, Ogbonna who was hitherto the Bank’s Deputy Managing Director since 2017, is now the managing director of Access bank limited.
Previously to his appointment as DMD in 2017, he was the Executive Director, Commercial Banking Division, from October 2013.
Others are Victor Etuokwu, Deputy Managing Director, Retail North, Chizoma Okoli, who is the Deputy Managing Director, Retail South.
Their appointments have all been approved by the sector regulator, the Central Bank of Nigeria (CBN) according to the Group Company Secretary, Sunday Ekwochi in a statement on Monday.
The board also announced the resignation of Adeolu Bajomo, the Executive Director, Information Technology and Operations who will be leaving September 30th, 2022.
Commenting on the appointments, the chairman of the board, Osunkoya said it reflects the robustness of the leadership succession plan and the decision to considerably strengthen the retail business while harnessing the potentials of SME’s and financial inclusion towards the attainment of the group’s strategy.
“The appointees have been selected based on their exceptionally rich, professional, academic, and corporate board experiences, which are all relevant to the needs of our board”.
He said the board is deeply convinced that their skills will no doubt continue to add significant value to the bank’s quest to become Africa’s gateway to the world.
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