Access Bank Managing Director and Chief Executive Officer, Roosevelt Ogbonna, has resigned as a non-executive director on the board of Access Holdings plc. His resignation was conveyed to the NGX by Access Holdings in a notification dated 26th August 2025.
His resignation complies 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.
A statement signed by Access Holdings company secretary, Sunday Ekwochi, read in part: “Access Holdings Plc (‘the Company’) today announces the resignation of one of its Non-Executive Directors, Mr. Roosevelt Ogbonna, from the Board after three and a half years of dedicated service.
“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.”
Mr. Ogbonna would however retain his position as MD/CEO of Access Bank, a position he has held since May 2022.