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Access Corporation Will Oversee a Group of Portfolio Companies That Will Drive More Value

Apr 16, 2022   •   by ACCESS   •   Source: Others   •   eye-icon 380 views

Saturday, April 16, 2022 / 06:58 PM / by Access Bank GMD/CEO, Herbert Wigwe/ Header Image Credit:   

I want to specially appreciate you for choosing to be part of the Access Family, Our journey s0 far would not have been possible without you. Your continued trust and support in Access Bank has played a pivotal role in our transformation over the years. 

We are excited to share with you our transition into a Financial Services Holding Company - Access Holdings, Pic, tracing as Access Corporation. This change will see us evolve from a bank into a large-scale ecosystem player offering a newglobally connected set of services. This ecosystem will offer specialized services at the same time as a seamless integrated experience to improve both relevance and convenience. 

Access Corporation will oversee a group of portfolio companies with significant complementarities that will drive more value for you. These include: 

  • Access Bank Group: banking remains at our core. now equipped to provide best-in-class, seamless and consistent Customer Experience. and service delivery in its operations in Nigeria, and across its 14 subsidiaries in Africa, Europe and Asia. 
  • Leading Company: a Consumer Lending Company. serving individuals and SMEs. The products on offer will include buy now-pay:-later-loans, car loans, small mortgages, salary-based loans, working capital loans, durable goods loans, point of sale loans and much more. This is a digital business, focused on speed. convenience and value. 
  • Payment Company: a Payment Services Company that will drive payments domestically, across the African continent and beyond. Primarily a business services company, the Payco will make payments simpler, faster and more efficiently. The focus will be on: Switching, Card Processing, New and Emerging Payments including managing the Access Payment gateway to facilitate e-commerce. The Payco wall partner with organizations to be the most-trusted FinTech enabler in the continent. 
  • lnsurance Company: we recognize that Insurance it key to sustaining businesses, and it is a tool to protect intergenerational wealth and benefit societies. Access Insurance Brokerage would provide a value-added insurance brokering service focused on your individual and business protection needs. 

Your banking service experience will be highly improved and you will be connected to even more exceptional opportunities to suit your lifestyle and business needs. 

From May 1, 2022. there will be changes to the leadership structure as I will be transitioning to head the Access Corporation as the Group Managing Director/Chief Executive Officer, while Roosevelt Ogbonna will be taking over as Managing Director/Chef Executive Officer of the Bank. I will continue to support the banking group as well as other business verticals with the new holding company and hope we can also count on your continued support as we write the next 20 years of our journey together. 

Thank you for supporting us on this exciting journey s0 far.

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