After a decade away on retirement, Access Holdings Plc has handed over the baton of authority to Mr Aigboje Aig-Imoukhuede in the position of the visionary non-executive chairman.

This decision was reached on Wednesday, March 13, hence the announcement by the group company secretary Sunday Ekwochi.

According to the spokesperson’s statement that was released yesterday, 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.

With the untimely demise of the former group managing director and CEO of Access Bank Plc Herbert Wigwe on 9 February leaving stakeholders feeling dazed for a moment, there was a need to quickly reposition the holding company and let experienced hands handle the reins which is what its board thinks the reappointment represents.

A new era of success being envisioned needed the visionary and accomplished leader Aig-Imoukhuede to strengthen the foundation that had been laid by the deceased.

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, reads Mr Aig-Imoukhuede’s reaction after the unanimous decision by the board to bring him back.

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He adds that I am determined that our shared vision which Dr. Wigwe gave everything for, will be realised.

Join us in welcoming Mr. Aigboje Aig-Imoukhuede as the Non- Executive Chairman of the Board of Directors of Access Holdings PIc.

We look forward to a promising future and the continued success of our great institution under his leadership. pic.twitter.com/NiZfqRNpvD

— Access Bank Plc (@myaccessbank) March 14, 2024

Although it is expected that the holding company’s position as one of Nigeria’s foremost financial institutions can only get better, bringing the Access Bank co-founder back into the fold after his 2013 departure would most certainly feel like something new.

But Mr. Aig-Imoukhuede’s first stint offers much hope still. Under his stewardship, Access Bank experienced remarkable growth and established itself as a trusted financial institution within the community. He is believed to have grown Access Bank’s customer base from a region of 10,000 to over six million and built an asset base of $12 billion.

Ayodele Johnson

Ayodelé is a Lagos-based journalist and the Content and Editorial Coordinator at Meiza. All around the megacity, I am steering diverse lifestyle magazine audiences with ingenious hacks and insights that spur fast, informed decisions in their busy lives.