Featured Politics News

Access Holdings: Osuntoki replaces Ogunmefun

  • Pays investors 70k dividend

Access Holdings Plc (‘the Holdco’) yesterday announced a new addition to the Board of its banking subsidiary, Access Bank Plc. Mrs. Titilayo Osuntoki as a non-executive director.

Mrs Osuntoki is an accomplished banker and business consultant with almost four decades of professional experience. She worked with Guaranty Trust Bank from 1991 to 2011 where she served in various functions including Foreign Exchange Desk; Financial Control and Risk Management; Corporate Finance and Commercial Banking.

She served as Executive Director between 2008 and 2011. She was subsequently appointed Executive Director, Access Bank Plc in 2013 where she effectively led the Business Banking Division until her resignation in March 2019.

She is currently the Chief Executive Officer, GTO Professional Services Limited, a business and management consulting firm. She obtained a bachelor’s degree in Civil Engineering and an MBA from University of Lagos in 1987 and 2000 respectively.

She is also an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria. Her appointment has been approved by the Central Bank of Nigeria.

However, Mrs. Anthonia Ogunmefun retires as a Non Executive Director with effect from April 30, 2022, following her attainment of retirement age.

Mrs. Ogunmefun has confirmed that she has no disagreement with the Board and there is no matter relating to her retirement that needs to be brought to the attention of the regulatory authorities and shareholders. The Board appreciates her valuable contributions.

Meanwhile, the board paid investors interim dividend yesterday April 28, 2022. This announcement is made pursuant to the Corporate Action Announcement dated March 18, 2022 made by the bank’s subsidiary-Access Bank Plc- informing the investing public that the declared Final Dividend of 70 Kobo for every ordinary share of 50 Kobo (subject to appropriate withholding tax) in respect of its Financial Year Ended December 31, 2021 will be discharged in accordance with the terms and conditions contained therein by Access Holdings Plc on Thursday, April 28, 2022.

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