Access Bank CEO to leave before Dec 2013

Category: People


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Access Bank CEO to leave before Dec 2013

 

Monday,April 30, 2012 / News report from ‘The Guardian’
 

 

Barring all unforeseen circumstances, the Managing Director and Chief Executive Officer of Access Bank Plc, Aigboje Aig-Imoukhuede, is to leave the bank before December 2013. He has indicated his intention in this regard.
 

This is contrary to reports that the leadership of Access Bank Plc will change this year.
 

Justifying the decision, Aig-Imoukhuede explained that although he assumed the post of the managing director of the bank in 2002, his tenure would not end until April 2015, noting that while the bank appointed him in 2002, his appointment was not confirmed until 2005.
 

He explained that the Central Bank of Nigeria had approved a temporary appointment for evaluation and monitoring in April 2003, while his official appointment letter indicated that his tenure as the managing director of the bank commenced in 2005.
 

Despite this, the bank’s boss said he would not wait till the end of his tenure in the bank before he resigns his appointment.
 

On this day, shareholders of the bank approved a dividend payout of 30 kobo per share as proposed by the board following a profit of N15.8 billion for the financial year ended December 31, 2011. Access Bank Plc 23rd Annual General Meeting held at the Eko Hotels and Suites, Victoria Island on Friday, April 27, 2012.

 

 

Credit: News from ‘The Guardian’ originally titled “Access Bank boss to quit next year, shareholders approve 30k dividend”

 



http://www.proshareng.com/quote/ACCESS



Tags: Access Bank plc,  Aigboje Aig-Imoukhuede,  Central Bank of Nigeria,  shareholders, 



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