November 23, (THEWILL) – The Chairman, Board of Directors of Access Holdings Plc, Bababode Osunkoya, is dead.
This is according to a statement filed with the Nigerian Exchange Limited on Thursday night.
It says Osunkoya died after a brief illness on Tuesday.
The statement signed by the Company Secretary, Sunday Ekwochi, said, “Consequent upon the tragic event, the company now has a nine-member board of six non-executive directors (two of whom are independent) and three executive Directors inclusive of the group chief executive officer.”
The financial institution revealed that the board will announce Osunkoya’s successor subsequently.
Osunkoya’s death occurred 11 months into Access Holding’s five-year strategic plan launched in January 2023 which has seen the group record a quantum leap in growth, to maintain its industry leadership as Nigeria’s largest quoted company by assets.
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.