Access Holdings Plc has appointed Mr. Innocent Ike as its substantive Group Managing Director/Chief Executive Officer (GMD/CEO), effective...
The controversy surrounding the estate of former Access Bank CEO, Herbert Wigwe, has taken a new turn as his sister, Joyce Wigwe, publicly accused his longtime associate, Aigboje Aig-Imoukhuede, of attempting to “manipulate” Herbert Wigwe’s will and obstructing transparency in the legal proceedings.
Access Holdings has since blown past competing with Nigerian banks and has now set its sights on the continent. This time, they want to be among the top 5 banks in Africa (the bank was not clear by what measure).
Since May 28, 2024, the Mauritian-incorporated company, Tengen Holdings (Mauritius) Limited, has acquired approximately 59.403 million shares of Access Holdings, valued at roughly N1.012 billion.
The proceeds of the Rights Issue would be used to support ongoing working capital needs, including organic growth funding for its banking and other non-banking subsidiaries.
