After 10 years of serving as the bank’s Chief Executive Officer (CEO), Access Holdings Plc has announced the reappointment of Mr. Aigboje Aig-Imoukhuede as its non-executive chairman.
Aig-Imoukhuede replaces Mr. Abubakar Jimoh, the erstwhile chairman of the HoldCo, who remains on the Board as an independent non-executive director.
“Access Holdings Pic (the Holdco’), is pleased to announce the return of Mr. Aigboje Aig-Imoukhuede, CFR as its Non-Executive Chairman. Mr. Aig-Imoukhuede, CFR replaces Mr. Abubakar Jimoh, the erstwhile Chairman of the HoldCo who remains on the Board as an Independent Non-Executive Director,” the company’s secretary, Sunday Ekwochi said in statement.
His appointment is coming weeks after the death of the immediate past Group Chief Executive Officer of Access Holdings, Herbert Wigwe.
The statement reads: “With an illustrious career spanning several decades in the banking and finance sector, Mr Aig-Imoukhuede has proven to be an exceptional and influential leader, having admirably laid a solid foundation for Access Bank’s success as Group Chief Executive Officer between 2002 and 2013 ably supported by his partner and deputy, the late Dr Herbert Wigwe, who later succeeded him.
“Under Mr Aig-Imoukhuede’s leadership, Access Bank experienced remarkable growth and established itself as a trusted financial institution within the community.
“The Bank transformed from a minor player into one of Nigeria’s top 5 banks with a 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 $12 billion, achieving numerous milestones and becoming a globally recognized name. His strategic vision, innovative thinking, and profound market insight were instrumental to shaping the Bank’s success.”
Following his retirement as the Bank’s CEO in December 2013, 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.
According to the statement, the decision to bring back Mr Aig-Imoukhuede as the Group’s Non-Executive Chairman “reflects the Board’s commitment to our core values and determination to build upon the strong foundation he jointly established with Dr Wigwe.”
With his return, Access Holdings aims to leverage his extensive experience, industry knowledge, and exceptional leadership skills to consolidate the growth and accomplishments recorded under Dr Wigwe’s leadership.
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.
Speaking about his return, Mr Abubakar Jimoh, past Chairman, Access Holdings expressed his excitement, stating: “Mr Aig-Imoukhuede’s appointment to the Board and subsequent election as Chairman is a landmark development for Access Holdings. All our board members are excited about our future’’.
Commenting on his appointment, Mr Aig-Imoukhuede, said: “I am thrilled to be back in active service to the Access Group ecosystem. I am confident that working with our directors, our exceptional team of executives and our best-in-class banking and finance professionals, we will deliver outstanding value to our esteemed stakeholders. I am determined that our shared vision, which Dr Wigwe gave everything for, will be realized.”
With his expertise, passion, and commitment, the Access Group is poised to embark on a new chapter of impact and sustainable success.