Herbert Wigwe, CEO of Access Bank


THE WIGWE FAMILY TOTALLY DEVASTATED 


Last Friday 9th February 2024, an American News house reported the sudden demise of CEO of Access Bank and his family. 





It was reported that this accident happened due to heavy wind and unclear weather. 




Herbert Wigwe, who was 57, had led Access Bank as CEO since 2014, having taken co-ownership of the bank with his partner Aigboje Aig-Imoukhuede in 2002.

He spearheaded an Africa expansion drive that has involved taking majority stakes in or outright acquisitions of banks in Kenya, South Africa, Angola, Botswana, Mozambique. Access Bank's acquisition of a competitor in 2019 has seen it become Nigeria's largest bank by total assets.

Wigwe in November said that the bank was close to finalizing a regulatory process to launch its first full banking service in Asia in the first quarter of 2024.

Beyond banking, Wigwe's other major interest was in higher education. His WIGWE UNIVERSITY, located in the oil-producing Rivers state in southern Nigeria, is set to take off with its inaugural academic session later this

year.

The project is estimated to cost $500 million and plans to enroll 10,000 students over the next five years.



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