Shareholders of Access Bank Plc has endorsed the company’s board changes in furtherance to the completion of the scheme of arrangement between the bank and holders of its fully paid ordinary shares of 50 kobo each, resulting in the listing of Access Holdings Plc and related companies on the Nigerian Exchange Limited (NGX).
The shareholder at the bank’s 33rd yearly general meeting held in Lagos on Monday also endorsed a total dividend of N35.5 billion, translating to N1 per share due to every investor of the bank for the 2021 financial year.
The new changes made by the bank include the appointment of Roosevelt Ogbonna as Managing Director/Chief Executive Officer of the bank. The bank explained that its appointment underscored the effectiveness of the Group’s robust succession planning arrangement.
This followed the appointment of the former MD of the bank, Dr. Herbert Wigwe, as the Group Managing Director/Chief Executive Officer of Access Holdings.
Also, Victor Etuokwu was appointed Deputy Managing Director, Retail North. According to the bank, he was appointed an Executive Director of the Bank in 2012 and his appointment was renewed in 2022 following the expiration of his second term.
