Nigeria's independent online newspaper
Access Holdings has become a symbol of transformation in Nigeria’s financial landscape. From modest beginnings to its current position as a dominant force in Africa’s financial landscape, the company’s journey has been defined by strategic initiatives, visionary leadership, and an unwavering commitment to excellence.
The story of Access Holdings began in 1989, when it ranked in the mid-60s amongst the 89 banks in Nigeria. With just 27 branches nationwide, the path ahead was challenging. However, the bank’s trajectory took a significant turn with the arrival of visionary leaders AigbojeAig-Imoukhuede and Herbert Wigwe in 2002.
Their leadership ushered in a transformative era, guided by a clear vision to elevate Access Holdings into a world-class financial services provider—a vision that continues to shape the company’s success today.In their pursuit of excellence, Aigboje and Wigwe introduced the Seven Transformation Agenda, a strategic framework designed to propel Access Holdings to the forefront of Nigerian banking. This agenda served as a detailed roadmap, carefully charting the course towards greatness.
These initiatives yielded rapid results, propelling Access Holdings from its modest beginnings to become one of Nigeria’s top ten banks by 2007. The company achieved a remarkable 115% growth in balance sheets, delivered unprecedented dividends, and delighted investors.Access Holdings operates on a model of cyclical objectives, setting five-year goals to ensure continuous improvement and strategic alignment.
If the Group’s solid track record is anything to go by, one can almost guarantee that the financial institution will realise its objective of becoming an African aggregator by building global payment gateways and offering comprehensive trade finance support. The Group’s focus on digital transformation, capital accumulation, and strategic expansion reflects its commitment to capturing opportunities across the continent and supporting international growth.
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