Access Holdings Plc on Monday announced the appointment of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer.

This follows the death of its former Group Chief Executive Officer, Dr. Herbert Wigwe.

Wigwe died in a helicopter crash alongside his wife, son, and a former chairman of the Nigeria Exchange Group, Abimboloa Ogunbanjo on Friday

A statement made by the company’s Board of Directors and dated February 12, 2024, stated that the appointment was subject to the approval of the Central Bank of Nigeria

“Further to its announcement dated February 11, 2024, the Board of Directors of Access Holdings Plc (‘the Company’) has today announced the appointment of Ms Bolaji Agbede as the Acting Group Chief Executive Officer of the Company following the unfortunate demise of its former Group Chief Executive Officer, Dr Herbert Wigwe, on February 9, 2024.

“The appointment is subject to the approval of the Central Bank of Nigeria,” the statement read in part.

Agbede who joined Access Bank in 2003 as an Assistant General, has nearly three decades of professional experience cutting across banking and business consultancy services.

She served in different roles at the bank including, Head, Group Human Resources between 2010 and 2022 before she was appointed the company’s founding Executive Director, Business Support in 2022, a role she held until her new appointment

She holds a Bachelor’s Degree in Mathematics and Statistics from the University of Lagos and a Masters of Business Administration Degree from Cranfield University UK in 2002.

She is also a member of the Chartered Institute of Management UK and the Chartered Institute of Personnel Management of Nigeria.

aariwa:
I hope she doesn’t collapse access bank like Emilokan collapse Nigeria

LegendHero:


They know she has the brain which explained why they did not choose one of the loudmouthed barbariansss.

No be person wey get brain go handle a big bank like that?

aariwa:
I hope she doesn’t collapse access bank like Emilokan collapse Nigeria

kettykin:


There is a difference between access bank and access holdings , the bank is being run by Roosevelt ogbonna and the holdings was run by Herbert wigwe. The holdings encompasses all other auxiliary businesses like insurance, stocks etc.

I don't really think Herbert groomed a successor , this woman is not looking fit , no background accomplishments, no credentials, just out of the blues

aariwa:
I wouldn’t know whether she is a big mouthed Babarian or not , none of my business but I saw she has only a masters degree as her highest qualification and no further training or certifications…similar to cardoso disaster that ruined the naira with only a first degree and membership of 30 social clubs

aariwa:
I wouldn’t know whether she is a big mouthed Babarian or not , none of my business but I saw she has only a masters degree as her highest qualification and no further training or certifications…similar to cardoso disaster that ruined the naira with only a first degree and membership of 30 social clubs

kettykin:


There is a difference between access bank and access holdings , the bank is being run by Roosevelt ogbonna and the holdings was run by Herbert wigwe. The holdings encompasses all other auxiliary businesses like insurance, stocks etc.

I don't really think Herbert groomed a successor , this woman is not looking fit , no background accomplishments, no credentials, just out of the blues

searchng4love:

Nonsense talk. She's CEO Access Bank Group.

In 2010, the Central Bank of Nigeria revised the regulation covering the scope of banking activities for Nigerian banks. The universal banking model was discontinued, and banks were required to divest from non-core banking businesses or adopt a holding company structure. FirstBank opted to form a holding company, FBN Holdings Plc., to capture synergies across its already established banking and non-banking businesses. The new structure resulted in a stronger platform to support the group's future growth ambitions domestically and internationally.

kettykin:


Look at this joker, you think you can wake up and just appoint any fellow as the ceo of access bank ?

searchng4love:

Check out the structure of the Access Corporation. She's in charge!

LegendHero:


You should have taken this great info about her to the board meeting. Probably they can just appoint someone from your village with PhD, don’t you think so?

Cardoso is doing just what is needed. Tinubu already mentioned it in all his campaign that he’s gonna float the naira. But since una dey doctor him speeches, you never had time to listen which explained why lot of you are still in shock.

You see that naira, it will continue to float until it finds it level.

kettykin:


The holding company handles non core banking business of the access group like pension, investment, stocks, insurance. The core banking business is not distracted by the non core banking business of the group.

Just talk to an investor who has more than 20 years in the market place and you will understand it better.

Access bank is too big and systemic for the lady, if you handover the bank to her , investors and depositors will pull out tomorrow

kettykin:


There is a difference between access bank and access holdings , the bank is being run by Roosevelt ogbonna and the holdings was run by Herbert wigwe. The holdings encompasses all other auxiliary businesses like insurance, stocks etc.

I don't really think Herbert groomed a successor , this woman is not looking fit , no background accomplishments, no credentials, just out of the blues

kettykin:


There is a difference between access bank and access holdings , the bank is being run by Roosevelt ogbonna and the holdings was run by Herbert wigwe. The holdings encompasses all other auxiliary businesses like insurance, stocks etc.

I don't really think Herbert groomed a successor , this woman is not looking fit , no background accomplishments, no credentials, just out of the blues

aariwa:
why would they appoint someone in my village when they never applied for the job? In my village we believe in hardwork, competition, fairness, progress and giving in your best and not tribalism because we don’t know what it actually means or Emilokan which I understand to mean sectionalism. I love your wonderful optimism but I prefer optimism backed by plan , acumen and hardwork. Keep up with your optimism, love it

kettykin:


The holding company handles non core banking business of the access group like pension, investment, stocks, insurance. The core banking business is not distracted by the non core banking business of the group.

Just talk to an investor who has more than 20 years in the market place and you will understand it better.

Access bank is too big and systemic for the lady, if you handover the bank to her , investors and depositors will pull out tomorrow

idealogical:



Access Holdings is the parent and corporate company while the bank just like many other entities under the holding company is a subsidiary, Access Bank is a subsidiary under access Holdings, meaning the head of Access Bank answers to the CEO of the parent company .

The head of the Bank, Roosevelt Ogbona used to report to the late CEO and he must report to his new boss and the CEO of the parent company, Mrs Agbede.

Was the late CEO under Ogbonna or the other way around?

Mrs Agbede is the new Boss of everything under Access Holdings.

searchng4love:

Check out the structure of the Access Corporation. She's in charge!

kettykin:

Access bank and access holdings which came first or gave birth to the other. Herbert wigwe has been md/ceo of access bank since 2014, he had to step aside 2022 because of cbn policy that requires the ceo of a bank not to stay more than 2 tenures.

Have you asked your self who was Herbert wigwe reporting to when he was the MD of access bank aside the board. Was he reporting to any MD of access holdings prior to 2022?