Access Bank Appoints Abubakar Jimoh as Board Chairman - The Top Society

Access Bank Appoints Abubakar Jimoh as Board Chairman

In the wake of the untimely passing of the former Chairman, Mr. Bababode Osunkoya, Access Holdings Plc, a prominent financial institution, has announced the appointment of Mr. Abubakar Aribidesi Jimoh as the new Chairman of its Board of Directors.
This was decided at the company’s board meeting which held on December 19, 2023.
Topsocietylive reported that the former Chairman, Mr. Bababode Osunkoya, died on November 21, 2023, after a brief illness.
In a statement filed with the Nigerian Exchange Limited (NGX) on Friday, Access Holdings Plc referred to its earlier notification of Mr. Osunkoya’s demise on November 23, 2023. The statement conveyed the Board’s unanimous approval of Mr. Abubakar Jimoh as the successor to Mr. Osunkoya.
The statement reads:

“We refer to our notification dated November 23, 2023 informing the Nigerian Exchange Limited (‘NGX’) of the demise of Mr. Bababode Osunkoya, the former Chairman of the Board of Directors (‘the Board’) of Access Holdings Plc (‘the Company’) on November 21, 2023, after a brief illness.

“Further to the above, we hereby notify the NGX and the investing public that the Board at its meeting held on December 19, 2023, unanimously approved the appointment of Mr. Abubakar Aribidesi Jimoh as the Chairman of the Board, to replace Mr. Osunkoya.”

Abubakar Jimoh
Mr. Jimoh, an independent non-executive director, has a distinguished track record within Access Holdings Plc. He previously chaired the company’s board audit committee and the board finance and investment committee. Currently serving as the Group Managing Director of Trustbanc Group, an investment management firm, Mr. Jimoh played a pivotal role in the transformation of Associated Discount House (ADH) into Coronation Merchant Bank Ltd.
His extensive experience includes holding positions as division head and general manager at the UBA Group before joining ADH. Mr. Jimoh also served as Chief Risk Officer for UBA Capital and UBA Africa, showcasing his expertise in risk management across diverse business divisions. Between 1999 and 2005, he held various positions with the Royal Bank of Canada Financial Group.
From 2005 to 2008, Mr. Jimoh served as the Divisional Chief of the African Development Bank, where he oversaw the management of private sector portfolios. Additionally, he contributed to the Shelter Afrique board as an independent non-executive director from 2012 to 2013.
Access Holdings Plc expressed confidence in Mr. Jimoh’s leadership, citing his wealth of experience and strategic contributions to the company. The appointment reflects the institution’s commitment to maintaining stability and effective governance during this transition period. The Board expressed gratitude for Mr. Osunkoya’s dedicated service and looks forward to Mr. Jimoh’s valuable contributions in his new role.
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