Wigwe’s Death: Aig-Imoukhuede returns as non-executive chairman of Access Holdings Plc

Aigboje Aig-Imoukhuede

Access Holdings Plc has announced a significant shift in its leadership, with the return of Aigboje Aig-Imoukhuede, CFR, as the non-executive chairman, replacing Mr. Abubakar Jimoh. 
The change comes in the wake of the untimely passing of Dr. Herbert Wigwe, CFR, the immediate past Group Chief Executive Officer of Access Holdings.

Aig-Imoukhuede, a distinguished figure in Nigeria's banking and finance sector, brings a wealth of expertise and leadership acumen to the role. His return to Access Holdings Plc is a testament to the organization's commitment to excellence and its ability to attract top talent.

Abubakar Jimoh, the erstwhile chairman, will continue to serve on the Board as an independent non-executive director. Jimoh's continued presence on the Board ensures a smooth transition and continuity in the organization's leadership.

The Holdco Board made the decision to invite Aig-Imoukhuede to lead the organization following extensive consultations with key stakeholders.

Aig-Imoukhuede's return to Access Holdings Plc is a significant development in the organization's leadership. His expertise and leadership acumen are expected to bring about positive changes and drive the organization towards greater success.

During his tenure as Group Chief Executive Officer of Access Bank from 2002 to 2013, Mr. Imoukhuede, alongside his late partner and deputy, Dr. Herbert Wigwe, CFR, 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, Mr. 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.”

In his 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.”

The Access Group community, including employees, customers, and stakeholders, eagerly anticipates Aig-Imoukhuede’s return, envisioning a promising future under his leadership. With his expertise and unwavering commitment, the Access Group is poised to embark on a new chapter of impact and sustainable success, a report of Arise Television concluded.
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