Mr. Aigboje Aig-Imoukhuede, CFR, the pioneer Access Bank Group Managing Director/Chief Executive Officer has returned as the Non-Executive Chairman of Access Holdings Plc (NGX: ACCESSCORP).
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In a regulatory filing earlier this week, Access Holdings said that Mr. Aig-Imoukhuede will replace Mr. Abubakar Jimoh as the Chairman of the Holdco, while Mr. Jimoh remains on the Board as an Independent Non-Executive Director.
The Holdco stated that “in response to the untimely passing of the immediate past Group Chief Executive Officer of Access Holdings, Dr. Herbert Wigwe, CFR and following extensive consultations with key stakeholders, the Holdco Board unanimously decided to invite Mr. Aig-Imoukhuede to the helm of governance.”
Mr. Aig-Imoukhuede is reputed to have laid the foundation for Access Bank’s success as Group Chief Executive Officer between 2002 and 2013 with the support of his partner and deputy, the late Dr. Herbrt Wigwe, CFR who later succeeded him.
Access Bank experienced remarkable growth under Aig-Imoukhuede’s leadership, and established itself as one of the top tier financial institutions within the community.
The Bank transformed from a minor player into one of Nigeria’s top 5 banks with presence in 9 other African countries and the United Kingdom.
Under his stewardship, Access Bank grew its customer base from ten thousand to over six million with more than 5,000 employees and an asset base of US$12 billion.
His strategic vision, innovative thinking, and deep market insight were instrumental to shaping the Bank’s success.
Following his retirement as the Bank’s CEO in December 2013, Mr. Aig-Imoukhuede cofounded the Tengen Family Office Limited which oversees a significant portfolio of investments and businesses in banking, finance, insurance, technology, real estate, and energy.
In his new role as Non-Executive Chairman, Mr. Aig-Imoukhuede will collaborate with the Board of Directors to oversee strategy and provide guidance to the executive management team.
Access Holdings Plc had in the days after the unfortunate demise of Its former Group Chief Executive, Dr. Herbert Wigwe on February 9, 2024, appointed Ms. Bolaji Agbede as the Acting Group Executive Officer.
Nnamdi Maduakor is a Writer, Investor and Entrepreneur
