Access Bank appoints 5 directors


Access Bank Plc has announced the appointment of a new Deputy Managing Director Designate and three new Executive Directors. Together, the new appointees, along with Herbert Wigwe, who was appointed Group MD,CEO last April, will constitute the Executive Management team of the bank.

Appointed are Mr. Obinna Nwosu, as the deputy Group MD and Chief Operating Officer, Mrs. Ojinika Olaghere, executive director operations and Information technology, Elias Igbinakenzua, executive director corporate and investment banking, Mr. Roosevelt Ogbonna, as director of commercial banking and Mr. Victor Etuokwu, director of personal banking.

The appointment were made known to the Nigerian Stock Exchange in a statement by the bank’s Board of Directors Friday.

Nwosu joined Access Bank in 2002. He was a General Manager and Head, Retail Banking Division until December 2012 when he took a study leave for a Masters Degree in Public Policy at Columbia University, New York. He holds an MBA and a Second Class Upper Degree in Accountancy from University of Nigeria Nsukka.

Mrs. Ojinika Olaghere, a multi-linguist joined Access Bank in 2007 from Ecobank as General Manager in charge of Enterprise Business Support. She is a Fellow of the Institute of Chartered Accountants of Nigeria and holds a Second Class Upper Degree in French Language from University of Nigeria, Nsukka.

Mr. Elias Igbinakenzua was former Executive Director, Corporate Banking at Zenith Bank until he joined Access bank in July 2013. He is also a Fellow of the Institute of Chartered Accountants of Nigeria, Chartered Institute of Taxation of Nigeria and Institute of Credit Administration of Nigeria. He holds an MBA and Second Class Upper Degree in Accountancy from Enugu State University of Science and Technology and University of Benin respectively.

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Mr. Roosevelt Ogbonn, who was appointed as Executive Director, Commercial Banking was until this appointment, the Divisional Head, Commercial Banking. He joined the Bank in 2002 from Guaranty Trust Bank. Ogbonna is a Fellow of the Institute of Chartered Accountants of Nigeria and holds a Second Class Upper Degree in Banking and Finance from University of Nigeria, Nsukka.

Mr. Victor Etuokwu is expected to continue to lead the Bank‟s retail business as Executive Director, Personal Banking.

Etuokwu has over 20 years of banking experience cutting across banking operations, retail banking, internal control, business acquisition and integration.
He joined Access Bank in 2002 from Citibank and was appointed an Executive Director in 2012. Mr. Etuokwu holds Bachelors of Science Degree and Masters of Business Administration from the Universities of Ibadan and Benin respectively.

Mr. Aigboje Aig-Imoukhuede who retires as CEO of Access Bank next month said “Further to the appointment of a first class banker, Mr Herbert Wigwe as my successor, the announcement of our reconstituted Executive Management Team effectively completes the succession process. Access Bank is now well positioned for even greater performance in the years ahead”.

Access Bank Plc is a full service commercial Bank operating through a network of 350 branches and service outlets located in major centres across Nigeria, Sub Saharan Africa and the United Kingdom. Listed on the Nigerian Stock Exchange in 1998, the Bank serves its various markets through 5 business segments: Corporate and Investment Banking, Commercial Banking, Business Banking, Personal Banking, Operations and IT Divisions.

The Bank has over 800,000 shareholders including several Nigerian and International Institutional Investors and has enjoyed what is arguably Africa‟s most successful banking growth trajectory in the last eleven years ranking amongst Africa‟s top 15 banks by total assets and capital.