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Access Holdings Director Roosevelt Ogbonna Resigns From Board, Retains Role as Access Bank MD

Ogbonna’s resignation underscores Access Holdings’ commitment to regulatory compliance, while his continued leadership of Access Bank Plc ensures stability and continuity at the Group’s flagship subsidiary, which contributes the majority of its assets and profits.

by NewsOnline Nigeria
August 27, 2025
in Brands & Marketing
0
Roosevelt Ogbonna

Access Holdings Director Roosevelt Ogbonna has resigned from the board and retained role as Access Bank MD.

NewsOnline Nigeria reports that Access Holdings Plc has announced the resignation of Mr. Roosevelt Ogbonna from its Board of Directors after three and a half years of service.

The disclosure was made in a statement issued on Tuesday and signed by the Company Secretary, Mr. Sunday Ekwochi.

The company clarified that Ogbonna, who serves as Managing Director and Chief Executive Officer of Access Bank Plc, will continue in that capacity despite stepping down from the Access Holdings board. His resignation, the statement explained, was necessitated by compliance with the Central Bank of Nigeria’s (CBN) 2023 Corporate Governance Guidelines for Financial Holding Companies, which restrict board membership to a maximum of nine directors.

ALSO: Roosevelt Ogbonna Forced Off Access Holdings Board Amid Rumoured Boardroom Crisis

“The Board appreciates Mr. Ogbonna for his outstanding and continued contributions to the Access Group,” the company said.

Ogbonna, who became MD/CEO of Access Bank Plc in May 2022, has been with the institution since 2002 after joining from Guaranty Trust Bank. His career at Access spans more than two decades, during which he has served as Executive Director (2013–2017) and Deputy Managing Director (2017–2022).

A seasoned banking professional, Ogbonna is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), an Honorary Member of the Chartered Institute of Bankers (HCIB), and a CFA charter holder. His academic credentials include an MBA from IMD Business School, Switzerland; an LL.M. in International Corporate & Commercial Law from King’s College, London; and an Executive MBA from Cheung Kong Graduate School of Business, China. He is also an alumnus of Harvard Kennedy School’s Senior Executive Fellow Programme.

In 2015, he was recognised by the Institute of International Finance as one of its Future Global Leaders. Beyond leading Access Bank, Ogbonna sits on the boards of the bank’s subsidiaries in the UK and South Africa and represents Access Bank on the boards of Africa Finance Corporation and CSCS Plc.

As of August 2025, the Board of Access Holdings Plc is chaired by Mr. Aigboje Aig-Imoukhuede, with Ms. Bolaji Olaitan Agbede serving as Acting Group CEO, alongside Executive Director Lanre Bamisebi. Other members include Independent Non-Executive Directors Abubakar Aribidesi Jimoh, Fatimah Bintah Bello-Ismail, and Ibironke Adeyemi, as well as Ojinika Nkechinyelu Olaghere and Olusegun Babalola Ogbonnewo.

Ogbonna’s resignation underscores Access Holdings’ commitment to regulatory compliance, while his continued leadership of Access Bank Plc ensures stability and continuity at the Group’s flagship subsidiary, which contributes the majority of its assets and profits.

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