Access Holdings Names Innocent Ike as Permanent Group Managing Director/CEO
Access Holdings Plc has officially designated Mr. Innocent Ike as the permanent Group Managing Director and Chief Executive Officer, effective August 29, 2025. This announcement was made public through a corporate disclosure dated August 27, 2025, signed by the Company Secretary, Sunday Ekwochi, and submitted to the Nigerian Exchange Group (NGX) on Thursday.
Leadership Transition and Regulatory Compliance
Mr. Ike’s appointment marks a significant leadership transition for the tier-1 financial institution. He will take over from Ms. Bolaji Agbede, who has been serving as the Acting Group Managing Director/CEO for the past 18 months. Ms. Agbede will return to her substantive position as Executive Director, Business Support, in compliance with regulatory requirements that specify minimum experience criteria for the Managing Director of a Financial Holding Company.
Achievements Under Acting Leadership
During Ms. Agbede’s interim leadership, Access Holdings reached several key milestones. These include maintaining workforce stability and ensuring a smooth leadership transition following the passing of the former Group CEO. Additionally, the company successfully executed a ₦351 billion Rights Issue and efficiently conducted two Annual General Meetings, reinforcing its operational resilience and shareholder engagement.
Chairman’s Remarks on the Appointment
Mr. Aigboje AigImoukhuede, Chairman of Access Holdings, expressed enthusiasm about the new appointment, stating, “We warmly welcome Mr. Innocent Ike as we embark on the next phase of growth. We also extend our sincere appreciation to Ms. Bolaji Agbede for her exemplary stewardship during a challenging period. Her leadership has been instrumental in sustaining the company’s momentum and competitive edge.”
New CEO’s Vision and Commitment
In his acceptance speech, Mr. Ike conveyed his excitement about leading Access Holdings, emphasizing his commitment to building upon the strong foundation laid by his predecessors, Herbert Wigwe and Bolaji Agbede. He pledged to advance the company’s strategic vision and continue delivering outstanding value to shareholders and stakeholders alike.
Context and Industry Outlook
Access Holdings’ leadership change comes at a time when the Nigerian banking sector is experiencing dynamic shifts, with increased focus on digital transformation and financial inclusion. According to recent industry reports, Nigerian banks are projected to grow their digital customer base by over 30% in 2025, underscoring the importance of visionary leadership in navigating these trends.
With Mr. Ike at the helm, Access Holdings is poised to leverage emerging opportunities and reinforce its position as a leading financial institution in Nigeria and beyond.
By Babajide Okeowo
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