Access Holdings Plc has announced the retirement of Mr. Olanrewaju Bamisebi as Executive Director, Information Technology and Digitalisation, effective September 30, 2026. The Company formally notified the Nigerian Exchange Limited (“NGX”) and the investing public of his retirement through a regulatory filing. This move aligns with the Central Bank of Nigeria’s Corporate Governance Guidelines for Financial Holding Companies in Nigeria.
The Board of Directors of Access Holdings Plc expressed its sincere appreciation to Mr. Bamisebi for his dedicated service and valuable contributions to the digital transformation and growth of Access Group during his tenure. The Board wishes him continued success in his future endeavours. Mr. Bamisebi's retirement was necessitated by the expiration of his term contract.
The Central Bank of Nigeria’s Corporate Governance Guidelines for Financial Holding Companies in Nigeria stipulate that a financial holding company may have a maximum of two Executive Directors: the Managing Director/Chief Executive Officer and one other Executive Director, who shall be the Chief Financial Officer, subject to the approval of the Central Bank of Nigeria. This guideline necessitated the retirement of Mr. Bamisebi.
Access Holdings Plc has been undergoing significant transformations, including the unveiling of AccessGive, aimed at cementing Herbert Wigwe’s legacy. The company has also received approval from the SEC for the commencement of its N351bn rights issue. These developments reflect the company’s efforts to drive growth and enhance its operations.
The retirement of Mr. Bamisebi and the subsequent reconstitution of the executive leadership team are expected to position Access Holdings for future growth and success. The company’s leadership changes are being implemented to ensure compliance with regulatory requirements and to drive business objectives.
Under the leadership of its new CEO, Dr. Denola Agbede, Access Holdings is expected to continue its trajectory of innovation and expansion. The company has been making significant strides in the financial sector, and its leadership changes are being closely watched by industry stakeholders.
The company’s commitment to governance and compliance is reflected in its adherence to the Central Bank of Nigeria’s guidelines. Access Holdings’ proactive approach to leadership changes and regulatory compliance is expected to enhance its reputation and trust among investors and stakeholders.
Key points
- The retirement of Olanrewaju Bamisebi aligns with the Central Bank of Nigeria’s Corporate Governance Guidelines for Financial Holding Companies in Nigeria.
- Access Holdings Plc notified the Nigerian Exchange Limited (“NGX”) and the investing public of Bamisebi's retirement through a regulatory filing.
- The Board of Directors expressed appreciation to Mr. Bamisebi for his dedicated service and valuable contributions to Access Group.
