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Wigwe’s death: Access Holdings appoints Aig-Imoukhuede as Chairman
The Board of Directors of Access Holdings PLC. has appointed the pioneer Group Managing Director/CEO of Access Bank Plc., Mr. Aigboje Aig-Imoukhuede (CFR) as its Non-Executive Chairman.
Aig-Imoukhuede replaces Mr. Abubakar Jimoh, the erstwhile Chairman of the HoldCo, who remains on the Board as an Independent Non-Executive Director.
The holdco in a statement by the Company Secretary, Sunday Ekwochi, on Wednesday, March 13, 2024 stated that Aig-Imoukhuede’s return was “in response to the untimely passing of the immediate past Group Chief Executive Officer of Access Holdings, Dr. Herbert Wigwe and following extensive consultations with key stakeholders, the Holdco Board unanimously decided to invite Mr. Aig-Imoukhuede to the helm of governance.”
The company added that “this visionary and accomplished leader is bringing an outstanding record of accomplishments, wealth of expertise and leadership to guide the Group into a new era of success.”
The statement read: “With an illustrious career spanning several decades in the banking and finance sector, Mr. Aig-Imoukhuede has proven to be an exceptional and influential leader, having admirably laid a solid foundation for Access Bank’s success as Group Chief Executive Officer between 2002 and 2013 ably supported by his partner and deputy, the late Dr. Herbert Wigwe, CFR who later succeeded him.
“Under Mr. Aig-Imoukhuede’s leadership, Access Bank experienced remarkable growth and established itself as a trusted financial institution within the community. The bank transformed from a minor player into one of Nigeria’s top five banks with presence in nine other African countries and the United Kingdom.
Under his stewardship, Access Bank grew its customer base from 10,000 to over six million with more than 5,000 employees and an asset base of $12 billion, achieving numerous milestones and becoming a globally recognized name. His strategic vision, innovative thinking, and deep market insight were instrumental to shaping the Bank’s success.”
Following his retirement as the Bank’s CEO in December 2013, Mr. Aig-Imoukhuede cofounded the Tengen Family Office Limited which oversees a significant portfolio of investments and businesses in banking, finance, insurance, technology, real estate, and energy.
Through the Aig-Imoukhuede Foundation, he is focused on building Nigeria’s next generation of government leaders, helping transform public sector effectiveness, and improving access to quality primary health care.
The holdco said the decision to bring back Aig-Imoukhuede as the Group’s Non-Executive Chairman reflects the Board’s commitment to “our core values and determination to build upon the strong foundation, he jointly established with Dr. Wigwe.
“With his return, Access Holdings aims to leverage his extensive experience, industry knowledge, and exceptional leadership skills to consolidate on the growth and accomplishments recorded under Dr. Wigwe’s leadership.”
In his new role as Non-Executive Chairman, Aig-Imoukhuede will collaborate with the Board of Directors to oversee strategy and provide guidance to the executive management team.
His return is not only a testament to his unwavering dedication to Access Group but also a clear demonstration of the Board’s confidence in his ability to lead the Group to new heights.
Speaking about his return, Mr. Abubakar Jimoh, the past Chairman, Access Holdings expressed his excitement, stating: “Mr. Aig-Imoukhuede’s appointment to the Board and subsequent election as Chairman is a landmark development for Access Holdings. All our board members are excited about our future.”
Speaking on his appointment, Aig-Imoukhuede said: “I am thrilled to be back in active service to the Access Group ecosystem. I am confident that working with our directors, our exceptional team of executives and our best-in-class banking and finance professionals, we will deliver outstanding value to our esteemed stakeholders. I am determined that our shared vision which Dr. Wigwe gave everything for, will be realized.”
The Company Secretary said the entire Access Group family, including employees, customers, and stakeholders, eagerly anticipates Aig-Imoukhuede’s return and looks forward to a promising future under his leadership.
“With his expertise, passion, and commitment, the Access Group is poised to embark on a new chapter of impact and sustainable success,” he said.
Access Holdings Plc operates through a network of more than 600 branches and service outlets, spanning three continents, 18 countries and over 60 million customers.
The company serves its various markets through four subsidiaries across the banking, payment, pension administration and insurance sectors through four operating companies, viz: Access Bank Plc, Hydrogen Payment Services Company Limited, Access Pensions Limited and Access insurance Brokers Limited.
News
ECOWAS supports Nigeris, insists Niger’s allegation, mere imagination
The Economic of West African States (ECOWAS) has described terrorism allegations against Nigeria and other member states by Niger Republic as “unfounded”, saying it is solidly behind its members.
Niger Republic had accused Nigeria and other ECOWAS members of colluding with France to destabilise the country.
However, ECOWAS in a statement on Thursday described the allegations as “unfounded”.
“The Commission of the Economic and West African Staes (ECOWAS) expresses deep concern over allegations being made against Nigeria and other ECOWAS member states.
“The Commission stands firmly by Nigeria and ECOWAS member states against allegations that they are sponsoring terrorism.
For years, Nigeria has supported peace and security of several countries not only in the West African subregion but also on the African continent.
“The recent successes recorded by the Multinational Joint Task Force (MNJTF), which Nigeria leads, demonstrate the country’s commitment to peace and security across the region.
“ECOWAS therefore, refutes any suggestion that such a generous and magnanimous country would become a state-sponsor of terrorism,” the statement read in part.
ECOWAS then called on all states in the region to promote dialogue and stability and refrain from making accusations that are not supported by any evidence.
The Federal Government had on Thursday denied Niger Republic’s allegation.
The Minister of Information and National Orientation, Mohammed Idris, made the rebuttal in a statement, amid claims by Niger Republic’s military leader, General Abdourahamane Tchiani, that Nigeria was working with France against his country.
News
Nigeria Expresses Concern Over Post-Election Violence in Mozambique
By Gloria Ikibah
The Federal Republic of Nigeria has expressed deep concern over the escalating violence that has erupted in Mozambique following its recent presidential elections.
Reports indicate that the unrest, concentrated in the capital city of Maputo and major cities like Beira and Nampula, has led to the loss of over 121 lives and left more than 380 people injured.
The violence reportedly began after Mozambique’s Constitutional Council confirmed Daniel Chapo of the Mozambique Liberation Front (FRELIMO) as the winner of the presidential election with 65% of the vote. The opposition, rejecting the results, has raised tensions, triggering widespread protests and clashes.
In a statement issued by the Acting Spokesperson of Nigeria’s Ministry of Foreign Affairs, Kimiebi Imomotimi Ebienfa, the Nigerian government called for calm, and urged all political actors in Mozambique to pursue legal avenues to address grievances.
Nigeria also extended its sympathies to the Mozambican government and the families of those affected by the crisis.
“The Federal Government of Nigeria advises aggrieved parties to explore appropriate legal means to seek redress.
“Our thoughts are with the Government of the Republic of Mozambique and the families of all those affected by this dreadful crisis,” the statement read.
The Federal Government furth willer reaffirmed its commitment to supporting peace and stability in Africa, and called for dialogue and restraint to resolve the unfolding conflict.
News
Again, Niger Military Junta Insists France Backing Nigeria To Establish Terrorist Operational Base In Sokoto, Others
General Abdourahamane Tiani, Niger Republic Head of State, has accused France of planning to establish a terrorist operational center in Gaba, a forested area in Sokoto State, Nigeria.
Tiani further alleged that the Nigerian government is aware of these intentions and has been complicit in France’s destabilization efforts in the region.
According to Tiani, France is also purportedly providing financial backing to Nigerian authorities to set up a military base in Borno State, under the guise of combating terrorism, with the ulterior motive of destabilizing Niger and its neighboring countries.
Tiani disclosed that Niger’s intelligence had gathered information from arrested terrorists who reportedly disclosed France’s plan to set up a terrorist base in Sokoto with terrorists known as ‘Lakurawa.’
This intelligence, according to Tiani, was passed on to Nigerian authorities for verification.
He revealed how Niger officials had contacted Ahmed Rufai Abubakar, the former Director-General of Nigeria’s National Intelligence Agency (NIA), for confirmation.
He said, despite assurances from Abubakar that his team would investigate, Tiani claims that the intelligence was mishandled, and no further action was taken, as Abubakar is allegedly linked to the terrorist network.
He alleged that since the French government became involved, knowing that Chadian military had targeted terrorists with airstrikes, they provided the terrorists with sophisticated weapons capable of bringing down military jets.
“It is France that gave the weapons to Boko Haram terrorists, so that if a Chadian military jet came to strike them, the terrorists could use the weapons provided by the French government to bring it down.
“They struck on October 16, when France supplied them with the weapons. The information we gathered from the terrorists we arrested indicated that there is an ongoing discussion, and Nigerian leaders are aware of it,” Tiani stated.
He said, “There is a forest called ‘Gaba’ in Sokoto, where they are planning to establish an operational center for terrorists, named ‘Lakurawa’.
“We received intelligence on March 4 that France and ISWAP were planning to set up an operational center in Sokoto, Kebbi, and Zamfara to prepare positions for terrorist activities.”
Tiani further explained that one of the terrorists they arrested informed them that the Nigerian government is well aware of the operational centers for terrorists in Sokoto.
“However, we dismissed his claim as false because he was unwilling to allow us to share this information with the Nigerian government. As Niger and Nigeria are closely connected, we felt it was our responsibility to report any information that could be harmful.
“We reported what France was planning to do to the Director-General of the National Intelligence Agency (NIA), Ahmed Rufai Abubakar, as we were unaware of these developments.
“He assured us that he would send personnel to gather more information. We took on their responsibilities, and there was no location we did not visit or have exclusive discussions with the arrested terrorists,” he said The terrorists disclosed everything about France’s plans to establish a terrorist base in Sokoto.
The intelligence was then returned to Nigeria. “We later discovered that the person we contacted, Ahmed Rufai Abubakar, is one of the individuals used by the West as a negotiator.
He supervises the terrorists and is also sent to a country called the Central African Republic. If the terrorists are arrested, he is the one responsible for bailing them out, as well as handling their weapons and providing money for food. He oversees the entire process,” Tiani explained.
“After learning this, things began to fall apart. We had trusted the wrong people, and once we discovered the truth, we were left unsure of who to trust or confide in about the situation in Nigeria.
“Meanwhile, Nuhu Ribadu is aware of the entire issue, but everyone involved has kept silent about it. “Having seen how things played out, we decided to take matters into our own hands. If the Lakurawa terrorists are arrested, we are now considering what to do.” Tiani added that France has launched its base in Benin Republic to also monitor neighboring countries that oppose them.
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