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Access Bank appoints new deputy managing director, executive director

Access Bank appoints new deputy managing director, executive director
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AI Executive Briefing
Verified Synthesis~56s read
Access Bank Plc has appointed Oluseyi Kumapayi as Deputy Managing Director, African Subsidiaries, and Olanrewaju Bamisebi as Executive Director, Information Technology and Digitalisation, as the lender moves to strengthen its operations, profitability and technology-driven services. Olanrewaju Bamisebi Meanwhile, Mr Bamisebi joined the board of Access Bank from Access Holdings, where he previously served as Executive Director, Information Technology and Digitalisation.
Context & Background
  • ✦He joined Access Bank in 2002 and served as Group Chief Financial Officer between 2007 and 2020, where he contributed to strengthening the bank’s financial management and supporting its strategic development.
Key Figures & Named Entities
28 October:The appointments, which took effect on 27 and 28 October, respectively, followed the approval of the Central Bank of Nigeria (CBN), according to a regulatory filing by Sunday Ekwochi, the Group Company Secretary.2020:Profiles Mr Kumapayi was elevated from his previous position as Executive Director, African Subsidiaries, which he had held since November 2020.2020:He joined Access Bank in 2002 and served as Group Chief Financial Officer between 2007 and 2020, where he contributed to strengthening the bank’s financial management and supporting its strategic development.
Outlook & Next Steps
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Key Takeaways
Verified Extract
  • ✦Access Bank Plc has appointed Oluseyi Kumapayi as Deputy Managing Director, African Subsidiaries, and Olanrewaju Bamisebi as Executive Director, Information Technology and Digitalisation, as the lender moves to strengthen its operations, profitability and technology-driven services.
  • ✦Olanrewaju Bamisebi Meanwhile, Mr Bamisebi joined the board of Access Bank from Access Holdings, where he previously served as Executive Director, Information Technology and Digitalisation.
  • ✦He joined Access Bank in 2002 and served as Group Chief Financial Officer between 2007 and 2020, where he contributed to strengthening the bank’s financial management and supporting its strategic development.
Key Facts:28 October: The appointments, which took effect on 27 and 28 October, respectively, followed the approval of the Central Bank of Nigeria (CBN), according to a regulatory filing by Sunday Ekwochi, the Group Company Secretary.2020: Profiles Mr Kumapayi was elevated from his previous position as Executive Director, African Subsidiaries, which he had held since November 2020.2020: He joined Access Bank in 2002 and served as Group Chief Financial Officer between 2007 and 2020, where he contributed to strengthening the bank’s financial management and supporting its strategic development.
Editorial Excerpt

Access Holdings said the appointments were part of its transition from a strategy focused on scale to one centred on value creation, profitability, capital efficiency and sustainable shareholder returns.

Frequently Asked Questions About This Story

What is the latest development regarding Access Bank?

Access Bank Plc has appointed Oluseyi Kumapayi as Deputy Managing Director, African Subsidiaries, and Olanrewaju Bamisebi as Executive Director, Information Technology and Digitalisation, as the lender moves to strengthen its operations, profitability and technology-driven services.

Who are the key organizations or public figures mentioned?

Olanrewaju Bamisebi Meanwhile, Mr Bamisebi joined the board of Access Bank from Access Holdings, where he previously served as Executive Director, Information Technology and Digitalisation.

What timeline or key figures were confirmed?

The appointments, which took effect on 27 and 28 October, respectively, followed the approval of the Central Bank of Nigeria (CBN), according to a regulatory filing by Sunday Ekwochi, the Group Company Secretary.

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