Access Holdings Plc has announced that Roosevelt Ogbonna is stepping down as a Non-Executive Director from its board to comply with the Central Bank of Nigeria’s 2023 Corporate Governance Guidelines. However, Ogbonna will continue to serve as the Managing Director and Chief Executive Officer of Access Bank Plc, the company’s flagship subsidiary.
This decision allows Access Holdings to adhere to the guidelines, which stipulate a maximum of nine directors for the board of a financial holding company. The board has expressed appreciation for Ogbonna’s contributions to the Access Group during his three and a half years of service.
Ogbonna joined Access Bank in 2002 from Guaranty Trust Bank and has over two decades of banking experience. He holds various academic qualifications, including a Master’s degree in Business Administration from IMD Business School, Switzerland, and a Master’s degree in International Corporate & Commercial Law from King’s College, London. He is also a Fellow of the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Bankers, and a CFA charter holder. Ogbonna has attended executive management development programs in various areas of banking and management at world-leading institutions, including Harvard Business School and the Harvard Kennedy School of Government. He currently serves as a Non-Executive Director of the Bank’s subsidiaries in the UK and South Africa, and represents the Bank on the boards of its investee companies, African Finance Corporation and CSCS Plc.
