The recent helicopter crash in the US has left the business world in shock, marking a significant change for Access Holdings. Herbert Wigwe, the former CEO, tragically lost his life along with his family, leaving behind a legacy of remarkable achievements in the banking sector. In the wake of this unfortunate event, Bolaji Agbede has been appointed as the new Acting Group Chief Executive Officer. This transition brings both challenges and opportunities as the company seeks to maintain the momentum established by Wigwe over the past few years.
Under Wigwe's leadership, Access Holdings grew significantly since he and his partner, Aigboje Aig-Imoukhuede, acquired the bank in 2002. His journey from taking the helm in 2014 to transforming Access Bank into a powerhouse in the Nigerian banking industry was marked by innovation and strategic growth. Agbede, with her extensive experience and proven track record, is set to step into this role and carry forward Wigwe's vision.
The announcement of Agbede's appointment was made on February 12, 2024, a pivotal moment for Access Holdings as it navigates this leadership change. This article delves into Agbede's qualifications, her vision for the bank, and what her leadership might mean for the future of Access Holdings.
Biography of Bolaji Agbede
| Details | Information |
|---|---|
| Name | Bolaji Agbede |
| Position | Acting Group Chief Executive Officer |
| Education | Bachelor's degree in Mathematics and Statistics, University of Lagos; MBA, Cranfield University |
| Experience | Over 27 years in the banking sector, including HR leadership |
| Notable Achievements | Introduced initiatives for gender equality and human capital development |
Table of Contents
- Biography of Bolaji Agbede
- Education
- Work Experience
- Leadership in Access Bank
- Introduced Paternity Leave
- Professional Membership
- Herbert Wigwe's Aide Escapes Death
Education
Bolaji Agbede's educational background is impressive, holding a bachelor's degree in Mathematics and Statistics from the University of Lagos, obtained in 1990. She further enhanced her qualifications with an MBA from Cranfield University in 2002. Her strong academic foundation has equipped her with analytical skills essential for high-level decision-making in the banking sector.
In addition to her degrees, Agbede is affiliated with the Chartered Institute of Management UK and the Chartered Institute of Personnel Management of Nigeria, highlighting her commitment to continuous professional development and adherence to high standards in management practices.
Work Experience
With over 27 years of experience in the banking sector, Agbede has developed a wealth of expertise in various areas, including human resources management, customer relationship management, and banking operations. Her professional journey began at Guaranty Trust Bank, where she held several positions, from Relationship Manager to Vault Custodian.
Starting as an Executive Trainee in 1992, Agbede climbed the ranks to Manager by 2001, showcasing her dedication and capability within the industry. In 2003, she took on the role of Chief Executive Officer at JKG Limited, a business consulting outfit, further broadening her leadership experience.
Leadership in Access Bank
Agbede's tenure at Access Bank began in 2003, where she has played a pivotal role in the bank's human capital development. Since 2010, she has served as the Head of HR for the Access Bank Group, a position that has allowed her to influence the bank's culture and employee engagement significantly.
Throughout her leadership, Agbede has successfully facilitated integrations during significant mergers and acquisitions, including those involving Marina International Bank, Capital Bank, Intercontinental Bank Plc, and the merger between Access Bank Plc and Diamond Bank Plc. Her expertise in managing human resources during these transitions has been crucial for the bank's ongoing success.
Introduced Paternity Leave
Agbede is recognized for her advocacy of gender equality and equity in the workplace. She has spearheaded progressive initiatives at Access Bank, including the introduction of paternity leave, which supports men in taking time off for family responsibilities. This initiative is part of a broader commitment to fostering a supportive work environment.
Additionally, Agbede has championed six months of maternity leave, established the bank's Crèche, and launched the Access Women Network. These initiatives reflect her dedication to promoting work-life balance and women's empowerment within the organization and beyond.
Professional Membership
Agbede's professional affiliations include membership in the Chartered Institute of Management UK and the Chartered Institute of Personnel Management of Nigeria. These memberships underscore her commitment to professional excellence and her active engagement in the field of management.
She has also participated in various prestigious leadership and professional development programs, such as the High-Performance Leadership Programme organized by IMD and the Strategic Talent Management Programme from the London Business School, further enhancing her leadership capabilities.
Herbert Wigwe's Aide Escapes Death
In a tragic turn of events, it was reported that Faleye Olushola, the special assistant to Herbert Wigwe, narrowly escaped death in the helicopter crash that claimed the lives of Wigwe, his wife, and their son. Olushola, who was listed on the manifest, made a last-minute decision to travel by road, which ultimately saved his life.
This incident serves as a poignant reminder of the fragility of life and the profound impact of leadership in organizations. As Access Holdings transitions into a new chapter under Agbede's leadership, the legacy of Herbert Wigwe will continue to inspire and guide the company's future endeavors.
As we reflect on these changes and the legacy left behind, it is essential to stay informed and engaged with the developments within Access Holdings and the broader banking sector. Stay tuned for updates and insights as the organization navigates this critical period of transition!
