Access Holdings Plc has appointed Innocent Ike as its substantive Group Managing Director/Chief Executive Officer, effective August 29, 2025, following the approval of the Central Bank of Nigeria, CBN.
Ike was a former Managing Director of Polaris Bank, where he served from 2020 to 2022
The announcement comes just hours after Roosevelt Ogbonna, resigned from the company’s board in line with new corporate governance rules issued by the CBN.
Ogbonna is the managing director of Access Bank Plc, the banking arm of Access Holdings.
In a notice filed with the Nigerian Exchange Limited, NGX on Wednesday, the holding company explained that Ogbonna, who remains the chief executive of Access Bank Plc, stepped down from the Board in line with the CBN Corporate Governance Guidelines for Financial Holding Companies, FHC.
The guideline stipulates that the directors of Holding companies should not exceed nine at a time.
“Access Holdings Plc (‘the Company’) today announces the resignation of one of its Non-Executive Directors. Roosevelt Ogbonna from the Board after three and a half years of dedicated service. Ogbonna continues to serve as the Managing Director/Chief Executive Officer of Access Bank Plc, the Company’s flagship subsidiary.
“His resignation allows the Company to comply with the Central Bank of Nigeria’s Corporate Governance Guidelines for Financial Holding Companies in Nigeria, 2023, which stipulates a maximum of nine (9) directors for the Board of a Financial Holding Company,” the company said in the notice. .
More to come…
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