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General News of Thursday, 14 March 2024

Source: www.dailypost.com

Aig-Imoukhuede returns as Chairman of Access Holdings Plc; eulogize Herbert Wigwe

Aigboje Aig-Imoukhuede and the late Herbert Wigwe Aigboje Aig-Imoukhuede and the late Herbert Wigwe

Aigboje Aig-Imoukhuede has returned as a Non-Executive Chairman, Access Holding Plc has announced.

The Board of Access Holding unanimously decided to invite Aig-Imoukhuede to lead the organization in a statement on Wednesday.

He replaces Abubakar Jimoh.

Aig-Imoukhuede says will ensure the shared vision he had with the late chairman, Herbert Wigwe will be realised.

In his acceptance remarks, Aig-Imoukhuede said, “I am thrilled to be back in active service to the Access Group ecosystem. 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. I am determined that our shared vision, which Dr. Wigwe gave everything for, will be realized.”

Recall that during Aig-Imoukhuede’s tenure as Group Chief Executive Officer of Access Bank from 2002 to 2013, alongside his late partner and deputy, Dr. Herbert Wigwe, he played a pivotal role in shaping Access Bank’s trajectory.

Under their stewardship, Access Bank transformed into one of Nigeria’s top 5 banks, expanded its footprint across 9 other African countries and the United Kingdom, and grew its customer base from ten thousand to over six million.

The bank’s asset base surged to USD $12 billion, establishing itself as a globally recognized financial institution.

Since retiring as CEO in 2013, Aig-Imoukhuede has been actively involved in various ventures, including co-founding the Tengen Family Office Limited, which oversees a diverse portfolio of investments spanning banking, finance, insurance, technology, real estate, and energy. Additionally, through the Aig-Imoukhuede Foundation, he has been dedicated to nurturing Nigeria’s next generation of leaders and improving access to quality healthcare.

Aig-Imoukhuede’s return to Access Holdings as Non-Executive Chairman underscores the Board’s commitment to building upon the foundation laid by him and Dr. Wigwe. In his new role, Aig-Imoukhuede will collaborate with the Board to provide strategic guidance to the executive management team, leveraging his extensive experience and industry knowledge.

Expressing his excitement about Aig-Imoukhuede’s appointment, Abubakar Jimoh, past Chairman of Access Holdings, said, “Mr. Aig-Imoukhuede’s appointment to the Board and subsequent election as Chairman is a landmark development for Access Holdings. All our board members are excited about our future.”