Access Holdings Plc (NGX: ACCESSCORP) has announced the death of Mr. Bababode Osunkoya, the Chairman of Board of Directors.
The financial holding company made the announcement on Thursday via a notification released on the Nigerian Exchange Limited.
“On behalf of the Board of Directors of Access Holdings Plc and with a deep sense of loss, we write to notify the Nigerian Exchange Limited and the investing public of the death of Mr. Bababode Osunkoya on November 21, 2023 after a brief illness,” the notification read.
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With the passing of Mr. Osunkoya, the company now has a “nine-member board comprising of Six Non-Executive Directors (two of whom are independent) and three Executive Directors inclusive of the Group Chief Executive Officer.
“We will notify the investing public subsequently of the Board’s choice of his successor,” the company added.
Bababode Olukayode Osunkoya, FCA, was a seasoned professional with over thirty years’ experience spanning across banking, accounting, asset leasing and consulting.
He was the Managing Partner at Abax-OOSA Professionals (Chartered Accountants). Prior to this, he worked as the Principal Partner of Bababode Osunkoya & Co from 1994-2007. He joined Premier Hotel Limited , Ibadan in 1984 for his National Youth Service Corp programme following which he joined Z.O. Ososanya & Co. (Chartered Accountants) in 1985 rising to Assistant Audit Manager in 1988.
Mr. Osunkoya subsequently moved to Abacus Merchant Bank Limited where he worked between 1989 and 1993 and rose to the level of a manager.
He was a General Manager in Konsuma Credit Limited between 1993 and 1995 where he oversaw the daily administrative and operational activities of the asset leasing and credit finance company.
Mr. Osunkoya sat on the boards of several organisations including Haggai Mortgage Bank Limited; Richardson Oil and Gas Limited; Sedoso Agro Allied Company Limited and Guiding Light Assembly.
He was also an Executive Committee member of the Association of Reporting Accountants and Auditors in the Capital Market. He held a Bachelor’s Degree in Accounting from the University of Lagos, and was a certified forensic accountant.
Mr. Osunkoya was also a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Taxation of Nigeria (CITN).
He attended several leadership and professional development programmes in leading institutions in areas of accounting, audit, taxation, finance, and corporate governance.
Nnamdi Maduakor is a Writer, Investor and Entrepreneur