Access Holdings Gives Aigboje Aig-Imoukhuede the Chairman Seat

In its recent release, Access Holdings announced that Aigboje Aig-Imoukhuede has been named its new Chairman following the death of the Late Herbert Wigwe on February 10, 2024. Aig-Imoukhuede once served as the CEO of Access Bank before it shifted into a holding company.

From 2002 to 2013, Mr Aig-Imoukhuede collaborated with Wigwe in managing the bank.

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In a part statement, the holding said,

Access Holdings Pic (the Holdco') is pleased to announce the return of Mr. Aigboje Aig-Imoukhuede, CFR, as its Non-Executive Chairman. Mr. Aig-Imoukhuede, CFR, replaces Mr. Abubakar Jimoh, the erstwhile Chairman of the HoldCo who remains on the Board as an Independent Non-Executive Director.

This visionary and accomplished leader will use his outstanding record of accomplishments, wealth of expertise, and leadership to guide the Group into a new era of success.

In response to the untimely passing of the immediate past Group Chief Executive Officer of Access Holdings, Dr. Herbert Wigwe, CFR, and following extensive consultations with key stakeholders, the Holdco Board unanimously decided to invite Mr. Aig-Imoukhuede to the helm of governance.

With an illustrious career spanning several decades in the banking and finance sector, Mr. Aig-Imoukhuede has proven to be an exceptional and influential leader. He admirably laid a solid foundation for Access Bank's success as Group Chief Executive Officer between 2002 and 2013, ably supported by his partner and deputy, the late Dr. Herbert Wigwe, CFR, who later succeeded him.

Following the announcement, Abubakar Jimoh will have to step down as the acting Chairman following Bababode Osunkoya's demise, the holdings' former Chairman.

Aigboje Aig-Imoukhuede got his Bachelor of Laws degree from the University of Benin in 1986 before he started as a lawyer, after which he worked for Continental Merchant Bank two years later.

In 1991, Aig-Imoukhuede joined the newly founded Guaranty Trust Bank, where he became an executive director at 36.

The Nigerian Exchange, formerly known as the Nigerian Stock Exchange, appointed him president from 2014 until 2017.

Aigboje Aig-Imoukhuede led Access Bank to acquire the defunct Intercontinental Bank in 2012, a deal that increased the bank's branches by 309.

Mr. Aig-Imoukhuede has previously chaired the boards of FMDQ OTC Exchange and ENTERPRISENGR, an advocacy group focused on expanding and excelling in Nigeria's financial and professional services.

He is a recipient of the Nigerian honour of Commander of the Order of the Niger.
Back Story
It was reported on February 10, 2024, that the Group CEO of Access Holdings Plc, Herbert Onyewumbu Wigwe, aged 57, alongside his wife, Chioma Wigwe, his son, Chizoba Wigwe, and a former Group Chairman of Nigerian Exchange Group Plc, Abimbola Ogunbanjo, was involved in a chopper crash on Saturday in California. It was said that they were on their way to watch the Super Bowl finals.

According to the report, a total of six people were en route to Boulder City, Nevada, from Springs, California, on Friday night when their chopper had a crash around 10 pm near a small town in California's Mojave Desert. Unfortunately, no one survived the helicopter crash. What led to the crash of the Airbus Helicopter EC-130 is still unclear, as the probe is still ongoing.

Before his death, Herbert Wigwe was a significant figure in the financial world, holding the record for reviving a dead bank in Nigeria to become one of the leading lenders in the country. Let's uncover a little about Late Access Holdings Plc's Chief Executive Officer.