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By Wale Odunsi
Access Bank Plc, yesterday announced the retirement of Mr. Gbenga Oyebode as a director and Chairman of the bank.
It also announced the appointment of Mrs. Mosun Belo-Olusoga as his successor with effect from July 30, 2015.
A statement from the bank, explained that the retirement of Oyebode follows his successful completion of the maximum term limit as prescribed by the Central Bank of Nigeria’s Code of Corporate Governance for Banks and Discount Houses in Nigeria.
The appointment of Belo- Olusoga also follows a thorough selection process by the Governance and Nomination Committee of the Board led by Mr. Emmanuel Chiejina, a non-Executive Director, the Bank said.
Belo-Olusoga joined the Board of the Bank in November 2007 as a non-Executive Director.
Until her recent appointment, she was the Chairperson of the Credit and Finance Committee and member of the Board Committees on Audit, Governance and Nomination, Risk Management and Remuneration.
She was formerly an Executive Director of Guaranty Trust Bank Plc and was at various times responsible for Risk Management, Corporate and Commercial Banking and Transaction Services and Settlements.
The new chairman is a graduate of Economics from University of Ibadan and a Fellow of the Institute of Chartered Accountants of Nigerian and Chartered Institute of Bankers of Nigeria.
Reacting, Oyebode said: “I am glad that Bello-Olusoga will be succeeding me as Chairperson. Her significant board experience, knowledge of our dynamic industry and personal qualities will be highly beneficial to Access Bank.”
Speaking on her appointment, Bello-Olusoga stated that she considers it “a great privilege to chair Access Bank, an outstanding financial institution at a time like this. I look forward to working with its great team in transforming it into the world’s most respected African bank”.
Access Bank Plc, yesterday announced the retirement of Mr. Gbenga Oyebode as a director and Chairman of the bank.
It also announced the appointment of Mrs. Mosun Belo-Olusoga as his successor with effect from July 30, 2015.
A statement from the bank, explained that the retirement of Oyebode follows his successful completion of the maximum term limit as prescribed by the Central Bank of Nigeria’s Code of Corporate Governance for Banks and Discount Houses in Nigeria.
The appointment of Belo- Olusoga also follows a thorough selection process by the Governance and Nomination Committee of the Board led by Mr. Emmanuel Chiejina, a non-Executive Director, the Bank said.
Belo-Olusoga joined the Board of the Bank in November 2007 as a non-Executive Director.
Until her recent appointment, she was the Chairperson of the Credit and Finance Committee and member of the Board Committees on Audit, Governance and Nomination, Risk Management and Remuneration.
She was formerly an Executive Director of Guaranty Trust Bank Plc and was at various times responsible for Risk Management, Corporate and Commercial Banking and Transaction Services and Settlements.
The new chairman is a graduate of Economics from University of Ibadan and a Fellow of the Institute of Chartered Accountants of Nigerian and Chartered Institute of Bankers of Nigeria.
Reacting, Oyebode said: “I am glad that Bello-Olusoga will be succeeding me as Chairperson. Her significant board experience, knowledge of our dynamic industry and personal qualities will be highly beneficial to Access Bank.”
Speaking on her appointment, Bello-Olusoga stated that she considers it “a great privilege to chair Access Bank, an outstanding financial institution at a time like this. I look forward to working with its great team in transforming it into the world’s most respected African bank”.
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