Access Bank appoints Oluseyi Kumapayi as Deputy Managing Director
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Nairametrics
Reported by Samson Akintaro
Mon, 2 Nov 2026, 06:10
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Source Attribution: Nairametrics
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Access Bank Plc has appointed Oluseyi Kumapayi as Deputy Managing Director, African Subsidiaries, as the lender seeks to improve profitability and returns from its operations across the continent. Access Bank’s Managing Director and Chief Executive Officer, Roosevelt Ogbonna, also said the bank would prioritise improving returns across its African subsidiaries, strengthening execution and capturing greater value from its existing franchise.
Context & Background
✦The appointment, which took effect on October 27, 2026, follows approval from the Central Bank of Nigeria (CBN), according to a notification by Access Holdings Plc to the Nigerian Exchange Limited (NGX) on October 31.
Key Figures & Named Entities
2026:The appointment, which took effect on October 27, 2026, follows approval from the Central Bank of Nigeria (CBN), according to a notification by Access Holdings Plc to the Nigerian Exchange Limited (NGX) on October 31.2020:Kumapayi was previously Executive Director, African Subsidiaries, a position he had held since November 2020.2020:He joined Access Bank in 2002 and served as Group Chief Financial Officer from 2007 to 2020, contributing to the bank’s financial management and 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, as the lender seeks to improve profitability and returns from its operations across the continent.
✦Access Bank’s Managing Director and Chief Executive Officer, Roosevelt Ogbonna, also said the bank would prioritise improving returns across its African subsidiaries, strengthening execution and capturing greater value from its existing franchise.
✦The appointment, which took effect on October 27, 2026, follows approval from the Central Bank of Nigeria (CBN), according to a notification by Access Holdings Plc to the Nigerian Exchange Limited (NGX) on October 31.
Key Facts:2026: The appointment, which took effect on October 27, 2026, follows approval from the Central Bank of Nigeria (CBN), according to a notification by Access Holdings Plc to the Nigerian Exchange Limited (NGX) on October 31.2020: Kumapayi was previously Executive Director, African Subsidiaries, a position he had held since November 2020.2020: He joined Access Bank in 2002 and served as Group Chief Financial Officer from 2007 to 2020, contributing to the bank’s financial management and strategic development.2020: He subsequently became Executive Director, African Subsidiaries, in November 2020, overseeing the bank’s operations across its African markets.
Editorial Excerpt
Access Bank Plc has appointed Oluseyi Kumapayi as Deputy Managing Director, African Subsidiaries, as the lender seeks to improve profitability and 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, as the lender seeks to improve profitability and returns from its operations across the continent.
Who are the key organizations or public figures mentioned?
Access Bank’s Managing Director and Chief Executive Officer, Roosevelt Ogbonna, also said the bank would prioritise improving returns across its African subsidiaries, strengthening execution and capturing greater value from its existing franchise.
What timeline or key figures were confirmed?
The appointment, which took effect on October 27, 2026, follows approval from the Central Bank of Nigeria (CBN), according to a notification by Access Holdings Plc to the Nigerian Exchange Limited (NGX) on October 31.
