Access Holdings Plc has announced the resignation of its Non-Executive Director, Mr. Roosevelt Ogbonna, from the company’s Board after three and a half years of service.
In a filing to the Nigerian Exchange Limited (NGX) on Wednesday, the lender clarified that Ogbonna would continue to serve as the Managing Director/Chief Executive Officer of Access Bank Plc, the flagship subsidiary of Access Holdings.
The Company Secretary, Mr. Sunday Ekwochi, explained that the resignation was in line with the Central Bank of Nigeria’s (CBN) Corporate Governance Guidelines for Financial Holding Companies in Nigeria, 2023, which limit the number of directors on the board of a financial holding company to nine.
“The Board appreciates Mr. Ogbonna for his outstanding and continued contributions to the Access Group,” the statement added.
