Quest FM TV News – Access Holdings Plc has announced the resignation of Mr. Roosevelt Ogbonna, a Non-Executive Director, from its Board after serving with distinction for three and a half years.
The decision, the company explained, was in line with the Central Bank of Nigeria’s Corporate Governance Guidelines for Financial Holding Companies (2023), which mandates a reduction in the number of directors on the board of financial holding companies to nine.
Despite stepping down from the Access Holdings Board, Ogbonna will continue to serve in his substantive role as the Managing Director and Chief Executive Officer of Access Bank Plc, the group’s flagship banking subsidiary. Sunday Ekwoch, speaking on behalf of the company, emphasized that Ogbonna remains central to driving the bank’s strategic objectives and leadership vision.
The Board expressed deep appreciation for Ogbonna’s immense contributions during his tenure, describing his service as “magnificent” and instrumental in advancing the group’s growth and stability.
Ogbonna’s career with Access Bank spans over two decades, beginning in 2002 when he joined the institution from Guaranty Trust Bank. He rose steadily through the ranks, serving as Executive Director from 2013, Deputy Managing Director from 2017, and eventually being appointed Managing Director and CEO of Access Bank Plc in May 2022.
His academic accomplishments reflect his commitment to continuous learning and excellence. He holds an MBA from IMD Business School in Switzerland, an Executive MBA from Cheung Kong Graduate School of Business in China, and an LL.M in International Corporate and Commercial Law from King’s College London.
In recognition of his leadership potential, Ogbonna was named among the Future Leaders by the Institute of International Finance in 2015. Beyond his role at Access Bank, he sits on the boards of the bank’s subsidiaries in the United Kingdom and South Africa, while also representing Access Bank on the boards of the Africa Finance Corporation and the Central Securities Clearing System Plc (CSCS).
As he steps aside from Access Holdings’ Board, Ogbonna continues to stand as a key figure in Nigerian and African banking, steering Access Bank’s vision for expansion, innovation, and sustainable growth.
Report by: Enarevwa Charity | Edited by: Chris Odjomah