Access Corporation, the parent company of Access Bank, Nigeria's largest bank by assets, has named Bolaji Agbede as interim CEO following the tragic death of Herbert Wigwe, the former CEO, and his family in a helicopter crash. The appointment was confirmed by Access Holdings' chairman, Abubakar Jimoh, citing robust succession planning practices.
The announcement comes after Access Holdings' shares plummeted 6.26% on Monday in response to the news of Wigwe's passing along with his family and other passengers, including Abimbola Ogunbanjo, the former chairman of the Nigerian Exchange Group.
Agbede's appointment as acting CEO is pending regulatory approval from the Central Bank of Nigeria. She brings extensive experience to the role, having served as an executive director at Access Bank for two years and holding various positions within the bank for over two decades.
With a background in Mathematics and Statistics from the University of Lagos and an MBA from Cranfield University, Agbede is well-equipped to lead Access Bank during this transition period. Her expertise in human resources management, customer relationship management, and banking operations makes her a strong candidate to steer the company towards its strategic vision.
Prior to her interim CEO role, Agbede served as the bank's head of Group Human Resources for 12 years, demonstrating her ability to successfully navigate corporate challenges and drive organizational growth. Her appointment underscores Access Bank's commitment to continuity and stability in leadership amid unforeseen circumstances.
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