Access Holdings Plc has announced board changes at its banking subsidiary, Access Bank Plc, with the completion of the scheme of arrangement and holders of its fully paid ordinary shares of 50k.
In a statement signed by Mr. Sunday Ekwochi, the Group Company Secretary, on Monday in Lagos, the board appointed Mr. Roosevelt Ogbonna as the Managing Director/Chief Executive Officer of the bank.
Mr. Victor Etuokwu was also appointed Deputy Managing Director, Retail North and Mrs. Chizoma Okoli, Deputy Managing Director, Retail South.
The bank noted that the three appointments had been approved by the Central Bank of Nigeria, effective May 2, 2022
It also announced the resignation of Mr. Adeolu Bajomo as Executive Director, Information Technology and Operations, with effect from Sept. 30, 2022, following his decision to pursue other personal interests.
It added that the appointment underscores the effectiveness of the Group’s robust succession planning arrangement and follows the appointment of the incumbent, Dr. Herbert Wigwe, as the Group Managing Director/ Chief Executive Officer, Access Holdings Plc.
Ogbonna has been the bank’s Deputy Managing Director since 2017. Prior to 2017, he was appointed Executive Director, Commercial Banking Division, in October 2013.
He is a through-bred and consummate professional with over two decades of banking experience having joined Access Bank in 2002 from Guaranty Trust Bank.
He has a robust corporate board experience and currently serves as a Non-Executive Director of the bank’s subsidiaries in United Kingdom and South Africa.
He also represents the bank on the boards of its investee companies – African Finance Corporation and CSCS Plc.
Ogbonna has Bachelor’s degree in Banking and Finance from the University of Nigeria, Nzukka. He holds a Master’s degree in Business Administration from IMD Business School, Switzerland; a Master’s degree(LL.M) in International Corporate and Commercial Law from King’s College, London.
Etuokwu was appointed an Executive Director of the bank in 2012 and his appointment was renewed in 2022 following the expiration of his second term.
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Etuokwu holds a Bachelor’s of Science degree and a Master’s in Business Administration from University of Ibadan and University of Benin respectively.
According to the statement, Okoli is a seasoned professional with approximately three decades of robust banking experience.
She commenced her professional career in 1992 as an Executive Trainee in the defunct Diamond Bank Plc where she distinguished herself and rapidly rose through the ranks to become an Executive Director in 2016.
She obtained a Bachelor’s of Law degree from University of Benin and a Master’s in Business Administration from Warwick Business School, United Kingdom.
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