Introduction

Access Bank the flagship subsidiary of Access Holdings Plc has appointed Ifedayo Orimoloye as Executive Director Risk Management following regulatory clearance from the Central Bank of Nigeria

What Happened

The appointment was formally disclosed in a statement signed by Group Company Secretary Sunday Ekwochi and took effect on September 21 2026 Access Holdings confirmed that the Central Bank of Nigeria granted approval aligning with the banks governance and risk oversight framework the move underscores Access Banks dedication to strengthening corporate governance

Why This Matters

Orimoloye brings over 25 years of international risk management experience having previously served as Group Chief Risk Officer at the African Development Bank where he managed a portfolio exceeding 40 billion and helped maintain the institutions AAA credit ratings from major rating agencies His career spans senior roles at Sterling Bank Ecobank Wells Fargo HSBC and Citigroup across Africa Europe and the United States This appointment signals Access Banks intent to bolster its risk governance framework as it pursues growth and transformation across multiple markets

  • Orimoloye oversaw a 40+ billion risk portfolio at the African Development Bank li>He played a key role in maintaining AAA credit ratings from Moody S&P Global and Fitch li>His career includes senior risk leadership at major global and regional financial institutions li>The appointment reflects Access Holdings broader strategy to strengthen leadership talent

Key Takeaways

Ifedayo Orimoloyes appointment reinforces Access Banks commitment to robust risk management and corporate governance His extensive international experience and proven track record in large-scale risk oversight are expected to support the banks long-term value creation agenda Stakeholders should watch how his leadership influences the banks risk strategy and regulatory positioning in the coming months

Conclusion

Access Banks latest appointment highlights the importance of experienced leadership in navigating complex financial landscapes Orimoloye's background in both regional and international risk management positions him well to guide the banks next phase of growth Customers and investors alike can expect continued focus on stability governance and strategic risk oversight under his direction