Access Holdings Plc has announced the resignation of Roosevelt Ogbonna from its board of directors.
The company disclosed the development in a notice filed with the Nigerian Exchange Limited (NGX) and signed by its secretary, Sunday Ekwochi.
“Access Holdings Plc (‘the Company’) hereby notifies the investing public and the Nigerian Exchange Limited that Mr. Roosevelt Ogbonna, a Non-Executive Director of the Company, has resigned from the Board after three and a half years of service,” the statement read.
The company explained that the move was to comply with the Central Bank of Nigeria’s Corporate Governance Guidelines for Financial Holding Companies (2023), which stipulates a maximum of nine directors on the board.
The statement added that Mr Ogbonna “will continue to serve as the Managing Director/Chief Executive Officer of Access Bank Plc, the Group’s banking subsidiary.”
“The board appreciates Mr. Ogbonna for his outstanding and continued contributions to the Access Group,” it concluded.
Ogbonna, who took over as chief executive of Access Bank in May 2022, joined the financial institution in 2002 after leaving Guaranty Trust Bank. He rose through the ranks, becoming executive director in 2013 and deputy managing director in 2017.
A fellow of the Institute of Chartered Accountants of Nigeria and a charter holder of the CFA Institute, Ogbonna is also an alumnus of Harvard Business School and IMD Business School, Switzerland. He holds degrees from the University of Nigeria, Nsukka, and King’s College, London.
Following the death of Access Holdings’ Group CEO Herbert Wigwe in February 2024, Bolaji Agbede was appointed acting CEO of the holding company.
