Access Holdings Board Breaks Silence on Plans To Replace Its Late CEO, Herbert Wigwe

Access Holdings Board Breaks Silence on Plans To Replace Its Late CEO, Herbert Wigwe

  • Access Holding is working on plans to appoint a new CEO following the tragic death of Herbert Wigwe
  • Wigwe died alongside his wife, son, and two others, and the company will need a replacement soon
  • Wigwe was appointed Access Holdings GCEO on March 28, 2022, having previously held various positions within Access Bank.

Legit.ng journalist Dave Ibemere has over a decade of experience covering Tech, Energy, Stocks, Investments, and the Economy.

The board of Access Holdings Plc has revealed its plans to appoint an acting Group Chief Executive Officer to replace its late CEO, Herbert Wigwe.

Access Bank CEO
Access Holdings to replace Herbert Wigwe Photo credit: Access
Source: Getty Images

In a statement on Sunday, February 11, 2023, signed by the Group Company Secretary, Sunday Ekwochi, the company clarified that the appointment of a new head was in line with the company's policy.

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“Great lights”: Sanwo-Olu, Elumelu mourn late Access Bank CEO, Herbert Wigwe

The statement reads

“In line with the company’s policy, the board will soon announce the appointment of an Acting Group Chief Executive Officer even as we remain confident that the Access Group will build further on Dr. Wigwe’s legacy of growth and operational excellence."

Wigwe legacy

The late Wigwe was appointed Access Holdings Group CEO on March 28, 2022, Punch reports.

Before Wigwe's appointment, he had occupied various positions within Access Bank, from being the deputy managing director at Access Bank from 2012 to 2014, when he became the group managing director and CEO.

Before his appointment, he had occupied various positions within Access Bank, from the deputy managing director at Access Bank from 2012 to 2014, when he became the group managing director and CEO.

He served as the chairman of Access Bank (Ghana), Access Investment & Securities Limited, and Central Securities and Clearing System and is presently chairman of Access Bank Limited and Unified Payments Services Limited.

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Access Holdings confirms Herbert Wigwe's death, to announce successor soon

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"Life is a precious gift": Herbert Wigwe's last messages to Nigerians in full

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Femi Otedola shares emotional farewell to late Herbert Wigwe

Earlier, Legit.ng also reported that Femi Otedola paid an emotional farewell to Herbert Wigwe.

In his statement, he also recounted his last meeting with Herbert Wigwe two weeks before his death.

Part of his message reads:

"I will cherish and fondly remember my memories of time spent together with him over the years."

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.