Nume Eekeghe
Access Bank Plc has introduced the appointed Oluseyi Kumapayi as Deputy Managing Director, African Subsidiaries, and Olanrewaju Bamisebi as Executive Director, Information Technology and Digitalisation, as its mother or father firm, Access Holdings Plc, strikes to strengthen operational effectivity, profitability and technology-driven development.
The Holdings firm in an announcement famous that the appointments which acquired the approval of the Central Bank of Nigeria (CBN), took impact from October 27 and October 28, 2026, respectively.
Kumapayi was elevated from his earlier place as Executive Director, African Subsidiaries, whereas Bamisebi joins the board of Access Bank from Access Holdings, the place he held the place of Executive Director, Information Technology and Digitalisation.
The appointments replicate the Group’s shift from increasing its footprint to extracting larger worth from its current companies, with elevated emphasis on profitability, capital effectivity, operational efficiency and sustainable shareholder returns.
Kumapayi brings greater than 25 years of banking expertise spanning monetary administration, technique, threat, treasury and enterprise growth. He joined Access Bank in 2002 and served as Group Chief Financial Officer from 2007 to 2020, earlier than changing into Executive Director, African Subsidiaries, in November 2020.
In his new position, he’ll proceed overseeing the Bank’s African operations, with an expanded mandate to enhance subsidiary profitability, capital productiveness and operational effectivity, whereas strengthening enterprise integration throughout the markets.
He may also assist the Managing Director/Chief Executive Officer within the broader management and strategic administration of the Bank.
Kumapayi is a Fellow of the Institute of Chartered Accountants of Nigeria and holds an Executive MBA from IMD, Lausanne, in addition to an Executive Master’s diploma in Digital Transformation and Innovation Leadership from IE University, Madrid. He can also be an alumnus of Harvard Business School’s General Management Programme.
Bamisebi, who has over 20 years of expertise in expertise transformation, digital banking and enterprise programs, beforehand held senior positions at Equity Group Holdings Limited, together with Group Director, Information Technology and Operations, and Managing Director of Finserve Africa.
He additionally served as Group Chief Information Officer at Diamond Bank and held different expertise management positions inside Nigeria’s monetary companies trade.
At Access Bank, he’ll lead the expertise and digitalisation agenda, specializing in modernising expertise platforms, strengthening cybersecurity and operational resilience, bettering effectivity and accelerating digital options to boost buyer expertise and enterprise efficiency.
His appointment additionally transfers government accountability for expertise transformation from the holding firm on to the Bank, bringing expertise funding nearer to its business and operational priorities.
Commenting on the appointments, Group Chairman, Access Holdings Plc, Aigboje Aig-Imoukhuede, mentioned the Group was centered on changing its intensive banking presence into stronger monetary efficiency and improved returns.
“Access Holdings has constructed a considerable banking franchise throughout Africa and past. Our strategic precedence is now to translate that scale into superior efficiency, larger effectivity, stronger returns on capital and sustainable worth for shareholders.
“These appointments replicate that precedence. Mr. Kumapayi’s elevation reinforces our dedication to enhance the efficiency and contribution of our African subsidiaries, whereas Mr. Bamisebi’s appointment displays a deliberate resolution to deliver government expertise management nearer to the Bank’s operations, prospects and business priorities.
“We believe that clearer accountability, stronger execution and disciplined investment in technology will be critical to the next phase of our development. Both executives bring the experience and leadership required to advance these objectives.”
Also commenting, Managing Director/Chief Executive Officer, Access Bank Plc, Roosevelt Ogbonna, mentioned the Bank would prioritise productiveness, effectivity and profitability whereas making higher use of its capital, expertise and current market presence.
“Our focus is on constructing a extra productive, environment friendly and worthwhile banking establishment, making higher use of our capital, expertise and established market presence.
“Across our African subsidiaries, the emphasis might be on bettering returns, strengthening execution and capturing larger worth from our current franchise. In expertise, our precedence is to simplify platforms, enhance reliability, speed up innovation and ship higher outcomes for our prospects at a decrease value to serve.
“By integrating executive technology leadership more directly into the Bank’s management structure, we are strengthening the connection between technology investment and business performance. I look forward to working with both executives as we deliver on these priorities.”
