Access Holdings Plc says it has appointed Abubakar Jimoh as the chairman of its board of directors.
In a statement filed on the Nigerian Exchange Limited (NGX) on Friday, the financial institution said the appointment followed the demise of Bababode Osunkoya, the immediate past chairman of the board, after a brief illness.
“We refer to our notification dated November 23, 2023 informing the Nigerian Exchange Limited (‘NGX’) of the demise of Mr. Bababode Osunkoya, the former Chairman of the Board of Directors (‘the Board’) of Access Holdings Plc (‘the Company’) on November 21, 2023, after a brief illness,” Access Holdings said.
“Further to the above, we hereby notify the NGX and the investing public that the Board at its meeting held on December 19, 2023, unanimously approved the appointment of Mr. Abubakar Aribidesi Jimoh as the Chairman of the Board, to replace Mr. Osunkoya.”
Jimoh is an independent non-executive director, who was previously the chairman of the company’s board audit committee and the board finance and investment committee.
He is the group managing director of Trustbanc Group, an investment management firm.
Jimoh oversaw the conversion of Associated Discount House (ADH), a failed discount house, into a merchant bank (Coronation Merchant Bank Ltd).
He held the positions of division head and general manager at the UBA Group before joining ADH.
In addition, he served as chief risk officer for UBA Capital and UBA Africa, among other business divisions.
Between 1999 and 2005, Jimoh held a variety of positions with the Royal Bank of Canada Financial Group.
From 2005 to 2008, he served as the divisional chief of African Development Bank, overseeing the management of private sector portfolios.
Jimoh joined the Shelter Afrique board in the capacity of an independent non-executive director between 2012 and 2013.