In a move that has sparked mixed reactions, Access Holdings Plc has announced the return of Aigboje Aig-Imoukhuede as its Non-Executive Chairman. This comes just days after the burial of the company’s previous Group Chief Executive Officer, Herbert Wigwe.
Aig-Imoukhuede Replaces Jimoh as Chairman
Mr. Aig-Imoukhuede takes over the position from Mr. Abubakar Jimoh, who will remain on the board as an Independent Non-Executive Director. The company secretary, Sunday Ekwochi, explained that the decision was made “following extensive consultations with key stakeholders” after Wigwe’s unexpected passing.
Aig-Imoukhuede: A Banking Titan Returns
Aig-Imoukhuede is a highly respected figure in the Nigerian banking sector. He previously served as Access Bank’s CEO between 2002 and 2013, where he is credited with laying the foundation for the bank’s remarkable growth. During his tenure, the customer base exploded from 10,000 to over 6 million, with assets reaching $12 billion.
Celebrating Achievements, Looking to the Future
The company highlighted Aig-Imoukhuede’s instrumental role in establishing Access Bank as a global brand. Following his retirement, he co-founded the Tengen Family Office, a successful investment firm.
Chairman Jimoh Welcomes Back a Leader
Mr. Jimoh expressed his enthusiasm about Aig-Imoukhuede’s return, calling it “a landmark development for Access Holdings.” Both he and the incoming Chairman expressed confidence in the company’s future. Aig-Imoukhuede pledged to work with the team to “deliver outstanding value to our esteemed stakeholders” and fulfill the shared vision established by the late Dr. Wigwe.
Social Media Divided on Timing
While the company celebrates its new leadership, the announcement has generated controversy on Nigerian social media. Some users have expressed discomfort with the timing, considering the recent loss of Mr. Wigwe. Accusations of insensitivity and a lack of empathy have been directed at the company’s executives.
Here are some representative tweets:
@Alex: “While I understand business must go on, surely empathy and emotional intelligence would have dictated a more low-key approach. This announcement feels disrespectful to Herbert’s memory.”
@Akpor: “This timing is suspicious. Makes you wonder what really happened to Wigwe. Regardless, only the one who died truly lost.”
The debate highlights the emotional response some Nigerians have to Wigwe’s passing and the sensitivity surrounding leadership changes during such a period.
