Access Holdings Plc Shareholders of Access Holdings Plc have reaffirmed their confidence in the group’s long-term growth trajectory and value creation strategy.
The affirmation comes after the Group’s Chairman, Aigboje Aig-Imoukhuede said the company’s refusal to pay dividends to shareholders in the 2025 Financial is in line with regulatory framework.
According to the shareholders, they have confidence in the management’s decision to priotize regulatory compliance on the payment of dividends to shareholders.
Access Holdings is one of the Groups’ in the financial service sector which did not pay dividends to shareholders in the financial year ending December 2025.
In spite of this, the shareholders of the company said they endorsed the management’s decision on the issue, adding that Access Holdings have a strong history fo performance, and there’s no reason to have doubts about its future.
Sunny Nwosu, Founding Coordinator and Leader of the Independent Shareholders Association of Nigeria, ISAN disclosed his after the company’s Annual General Meeting, AGM said the transformation the the company has witnessed over the last 15 years has strengthened shareholders’ confidence.
While speaking at the AGM, Imoukhuede, clarified that the non-payment of dividends aligns with compliance and regulatory requirements inside the banking subsidiary, assuring that dividend payments will resume once regulatory conditions are met.
He also reaffirmed the company’s long-term value creation strategy, focusing on retained capital to support business optimization, risk management, and the group’s transition into a diversified financial services ecosystem
“Our strategy, ‘From Scale to Value’, reflects the natural evolution of our journey. Scale created opportunity; value creation is how we fully realise it,” Aig-Imoukhuede stated.
AGM Highlights
- Profit Before Tax:Rose by 16.2 percent to N1.01 trillion.
- Total Assets:Expanded by 24.2 percent to N51.56 trillion, driven by customer loans, trading assets, and investment securities.
- Confirmation of the appointment of Innocent C. Ike as the Group Managing Director and Chief Executive Officer.
The Group Welcomed Ibironke Adeyemi to the board as an Independent Non-Executive Director.
Shareholders and Chairman Aigboje Aig-Imoukhuede commended Bolaji , Agbede, former Groups’ chief executive for her sterling leadership of the management team while serving as Acting Group Chief Executive Officer during the transition.
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