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Access Holdings PLC

Aig-Imoukhuede, Access Bank’s former CEO, appointed chairman of holding company

Access Holdings has chosen Aigboje Aig-Imoukhuede as its chairman. He had served as the pioneer CEO of Access Bank, the group’s commercial banking division before it evolved into a holding company. He and Herbert Wigwe bought Access Bank in 2002 and transformed it into Nigeria’s biggest lender by market value. From the year of its acquisition to 2013, Mr Aig-Imoukhuede managed the bank, assisted by Mr Wigwe, the managing director of Access Holdings, who died in a chopper crash in the US last month aged 57.…

‘Wigwe was early bloomer who transformed Nigerian banking sector’

Vice President Kashim Shettima on Wednesday mourned the former Group Chief Executive Officer of Access Holdings Plc, Herbert Wigwe, and his family, who tragically died in a helicopter crash in the United States of America. Mr Shettima, in a lyrical eulogy, described the late Mr Wigwe as an early bloomer who transformed the Nigerian banking industry, recalling his visionary leadership and unwavering dedication to his community. Addressing a crowd of mourners in Lagos during the funeral service of the late banker,…

Access Holdings appoints Acting CEO

Access Holdings Plc on Monday announced the appointment of Bolaji Agbede as the Acting Group Chief Executive Officer (GCEO) of the holding company. The appointment follows the death of its late Group Chief Executive Officer, Herbert Wigwe, who died in a helicopter crash in the United States on Friday. Mr Wigwe died alongside his wife, son, and a former chairman of the Nigeria Exchange Group, Abimboloa Ogunbanjo. “Further to its announcement dated February 11, 2024, the Board of Directors of Access Holdings Plc…

Access Bank to acquire Ugandan bank

Access Bank has agreed to a deal to buy the majority stake in Ugandan-based Finance Trust Bank Limited, its parent company Access Holdings Plc announced in a statement on Wednesday. The definitive agreement also involved the selling of institutional shareholders of Finance Trust Bank and would transfer 80 per cent ownership of the East African lender to Access Bank when the transaction is completed. The deal is hoped to reach closure by June, when all the regulatory approvals from both the Central Bank of Nigeria…