The bank’s Company
Secretary, Mr Sunday Ekwochi, said in a statement on Tuesday in Lagos that
Awosika would assume the position of the company’s Board Chairman on Jan. 8,
2020.
Dr Ajoritsedere Awosika was
on Tuesday announced as the new Chairman of Access Bank Plc by the Board of
Directors of the bank.
Ekwochi said that Awosika’s
appointment was apt to lead the board in the next phase of the bank’s transformation
into becoming Africa’s Gateway to the World.
According to the statement,
Awosika will take over from Mrs Mosun Belo-Olusoga as chairman following the
later’s retirement as her 12-year term will elapse in January 2020.
The retirement of
Belo-Olusoga, who became the Board Chairman in 2015, was in line with the
Central Bank of Nigeria’s Code of Corporate Governance for bankers and Discount
Houses.
Awosika joined the board in
April 2013 as an Independent Non-Executive Director and has been the Chairman
and Vice-Chairman of the Board Credit and Finance Committee and the Board Audit
Committee, respectively in addition to membership of other Board Committees.
She is an accomplished
administrator with over three decades experience in public sector governance.
She was at various times, the Permanent Secretary in the Federal Ministries of
Internal Affairs, Science & Technology and Power.
Awosika is a fellow of the
Pharmaceutical Society of Nigeria and the West African Postgraduate College of
Pharmacy.
She holds a Doctorate
degree in Pharmaceutical Technology from the University of Bradford, United
Kingdom.
She is currently the
Chairman of Chams Plc and Josephine Consulting Limited and a Non-Executive
Director of Capital Express Assurance Ltd.
According to the statement,
the board expresses its appreciation to Belo-Olusoga for her contributions to
the bank’s transformational growth and wishes Dr (Mrs) Awosika success in her
new appointment.
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