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Herbert Onyewumbu Wigwe CFR (15 August 1966 – 9 February 2024) was a Nigerian banker and businessman. He was the group managing director and CEO of Access Bank Plc, one of Nigeria's top five banking institutions, after succeeding his business partner, Aigboje Aig-Imoukhuede.
Access Bank Plc, commonly known as Access Bank, is a Nigerian multinational commercial bank, owned by Access Bank Group. It is licensed by the Central Bank of Nigeria, the national banking regulator. [1] Originally a corporate bank, they expanded into personal and business banking in 2012. Access Bank and Diamond Bank merged on 1 April 2019. In ...
Aigboje is the author of Leaving the Tarmac: Buying a Bank in Africa (Red Door, 2020), a memoir that recounts how he and Herbert Wigwe bought Access Bank in 2002, one of the smallest and most crisis- prone banks in Nigeria, and built it into one of the biggest and strongest banks in the country. [62] [63] [64]
In March 2021, Access Bank announced the acquisition of a stake in Grobank, a South African bank, for US$60 million. [19] In March 2024, Access Bank Group signed binding contracts to acquire National Bank of Kenya, a subsidiary of the Kenya Commercial Bank Group. The transaction which requires regulatory approval in Kenya and Nigeria, is ...
Agbede began her professional career with Guaranty Trust Bank in 1992 and rose to the position of Manager in 2001. In 2003, she served as CEO of JKG Limited, a business consulting firm. [ 6 ] She joined Access Bank Plc in 2003 as an Assistant General Manager and became the Group Human Resources Director in 2010, serving in that capacity until 2022.
Diamond Bank Plc., was a Nigerian multinational financial service provider. [4] Diamond Bank was acquired by Access Bank in December 2018, and announced to complete the transactions of the merger fully in the first half of 2019. [ 5 ]
The 10-year U.S. Treasury note has gained nearly a full percentage point since mid-September, when the central bank delivered its first rate cut in four years. Bonds lose their value, making ...
Following his time in the Nigerian banking sector, Uzoma Dozie launched Sparkle, the mobile-first platform [6] which is focused on Nigeria’s retail sector [7] and will tackle how retailers achieve their daily objectives and scale their businesses. In addition to the typical current and savings accounts, the platform provides a suite of ...