The Board of Directors of Access Bank Plc on Tuesday, November 19 announced the appointment of Ajoritsedere Awosika as the Chairman of the Bank as Belo-Olusoga retires on January 8, 2020.

Awosika will be leading the Board in the next phase of the bank’s transformation into becoming Africa’s Gateway to the World. Her appointment is in line with the bank’s robust leadership succession plan.

Belo-Olusoga became the Chairman of the Board in July 2015 and she completes the maximum 12-year term limit allowed by the Central Bank of Nigeria’s Code of Corporate Governance for Banks and Discount Houses.

Belo-Olusoga has confirmed that she has no disagreement with the Board and there are no issues relating to her retirement that need to be brought to the attention of the shareholders of the Company of the regulatory authorities, the bank said in a statement at the Nigerian Stock Exchange (NSE).

Awosika joined the Board in April 2013 as an Independent Non-Executive Director and has been the Chairman and Vice-Chairman of the Board Credit and Finance Committee and the Board Audit Committee respectively in addition to membership of other Board Committees.

She is an accomplished administrator with over three decades of experience in public sector governance. She was at various times, the Permanent Secretary in the Federal Ministries of Internal Affairs, Science & Technology and Power.

Awosika is a fellow of the Pharmaceutical Society of Nigeria and the West African Postgraduate College of Pharmacy. She holds a Doctorate degree in Pharmaceutical Technology from the University of Bradford, United Kingdom.

She is the Chairman of Chams Plc and Josephine Consulting Limited and a Non- Executive Director of Capital Express Assurance Ltd.

Access Bank board expressed its appreciation to Belo-Olusoga for her contributions to the Bank’s transformational growth and wished Awosika success in her new appointment.

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.

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