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BREAKING: Access Holdings appoints Innocent Ike as new GMD/CEO as Aig-Imoukhuede consolidates control  

Access Holdings Plc has appointed Mr. Innocent Ike as its substantive Group Managing Director/Chief Executive Officer (GMD/CEO), effective August 29, 2025, following regulatory approval.

The announcement comes just hours after the resignation of Roosevelt Ogbonna from the company’s board in compliance with new corporate governance rules.

The appointment marking the beginning of a new chapter under the chairmanship of Aigboje Aig-Imoukhuede, who returned to the helm following the death of former Group CEO Herbert Wigwe in 2024.

The leadership reshuffle reflects a broader transformation within Access Holdings.

Ike succeeds Bolaji Agbede, who has served as Acting GMD/CEO for the past 18 months. She will revert to her role as Executive Director, Business Support, due to regulatory stipulations on years of experience required for the position.

Chairman Aigboje Aig-Imoukhuede commended her contributions, describing them as “invaluable in navigating the company through challenges and opportunities.”

Ike brings over 30 years of experience in banking and financial services. A University of Lagos graduate in accounting and a Fellow of both CIBN and ICAN, he is also a certified IFRS expert.

He spent a decade at Access Bank, rising to General Manager with responsibility for corporate, commercial, and public sector portfolios.

He later served as MD/CEO of Polaris Bank (2020–2022), where he launched VULTe, the bank’s award-winning digital banking platform.

“I am honoured to take on this role and excited to work alongside the talented team at Access Holdings,” Ike said.  

“I look forward to building on the strong legacy established by Herbert Wigwe and Bolaji Agbede, and driving our vision forward to deliver exceptional value to shareholders and stakeholders.” 

The news of Ike’s appointment follows closely on the resignation of Roosevelt Ogbonna from the HoldCo board — a move that sent ripples through the banking sector.

Access Bank, which he leads, accounts for more than 90% of group revenues and 95% of total assets, making his absence from the HoldCo board particularly notable.

Access Holdings was established in 2022 through a Scheme of Arrangement between Access Bank Plc and its shareholders.

For stakeholders, the question is how this recalibrated leadership under Aig-Imoukhuede will balance continuity with the demands of regulation, expansion, and market competition.