Access Bank Plc on Thursday announced the appointment of Mr. Roosevelt Michael Ogbonna, as the new Group Deputy Managing Director to replace Mr. Obinna Nwosu, who recently resigned his appointment.
The new Group Deputy Managing Director began his illustrious banking career as an Investment Banker 20 years ago. Over the years he has worked across the Treasury, Risk Management, Commercial and Corporate Banking functions at leading financial institutions.
He joined Access Bank in 2002 and during this time, implemented strategies across different divisions that increased market share and more than doubled the group’s balance sheet.
Prior to now, Mr Ogbonna served as Divisional Head, Commercial Banking and subsequently rose to the position of Executive Director, Commercial Banking, Access Bank, a position he held since October 2013. In that capacity, he oversaw firm-wide banking operations and formulated strategies to optimize the Bank’s robust commercial business.
His appointment as Group Deputy Managing Director is in line with the Bank’s core values of empowering employees as he has risen within the ranks to attain his new position. In an era where most financial institutions see the need to employ ‘outsiders’ to fill up executive roles, it is laudable that the Bank has decided to appoint from within. This can only be achieved when you carefully select and hire the best available talent to be part of your team.
Roosevelt holds a BSc. in Banking & Finance (Second Class Upper) from The University of Nigeria, Nsukka, and is a Fellow of the Institute of Chartered Accountants of Nigeria. He is an alumnus of the Senior Executives Fellows program at Harvard University’s Kennedy School of Government and has attended various Executive Management Development programs at leading global institutions including the Institute of Management Development (IMD), The Wharton School of Business, and INSEAD.
He is a Non-Executive Director of Access Bank (Zambia) and the Access Bank (United Kingdom), and is also a member of reputable professional organisations including Institute of Chartered Financial Analysts, Chartered Institute of Bankers of Nigeria and the Future Leaders Group of the Institute of International Finance.
Ogbonna, whose appointment has been approved by the Central Bank of Nigeria is happily married with children.