Business Insights

AIG-Imoukhuede Returns As Non-Executive Chairman of Access Holdings

Access Holdings Plc has made an announcement regarding the appointment of Mr. Aigboje Aig-Imoukhuede as its new Non-Executive Chairman, replacing Mr. Abubakar Jimoh who will continue to serve as an Independent Non-Executive Director. The Company Secretary, Sunday Ekwochi, revealed this information in a notice to the Nigerian Exchange yesterday.

The decision to bring back Mr. Aig-Imoukhuede was made following the unfortunate passing of the former Group Chief Executive Officer, Dr. Herbert Wigwe. After thorough consultations with key stakeholders, the Holdco Board unanimously agreed to invite Mr. Aig-Imoukhuede to lead the governance of the company.

Mr. Aig-Imoukhuede has had a distinguished career in the banking and finance industry spanning several decades. His leadership as the Group Chief Executive Officer of Access Bank from 2002 to 2013, alongside his late partner Dr. Herbert Wigwe, played a pivotal role in the success of the bank. During his tenure, Access Bank experienced significant growth, expanding its customer base to over six million, employing more than 5,000 individuals, and accumulating an asset base of USD $12 billion.

After retiring as the Bank’s CEO in 2013, Mr. Aig-Imoukhuede co-founded the Tengen Family Office Limited, overseeing a diverse portfolio of investments in various sectors including banking, finance, insurance, technology, real estate, and energy.

Mr. Abubakar Jimoh, the former Chairman, expressed his enthusiasm about Mr. Aig-Imoukhuede’s return, stating that his appointment to the Board and subsequent election as Chairman marks a significant milestone for Access Holdings.

In his response, Aig-Imoukhuede expressed his excitement about returning to active duty within the Access Group ecosystem. He conveyed his confidence in collaborating with the directors, the exceptional team of executives, and the top-notch banking and finance professionals to provide exceptional value to their esteemed stakeholders. Aig-Imoukhuede emphasized his determination to bring to fruition the shared vision that Dr. Wigwe dedicated himself to.

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