Access Holdings Plc’s Board of Directors has declared the death of Bababode Osunkoya, the company’s chairman.

Thursday night, November 23, 2023, saw the signing of a statement containing this disclosure by Sunday Ekwochi, the company secretary of Access Holdings Plc.

In the statement, Ekwochi said that Osunkoya passed away on Tuesday, November 21, 2023, following a brief illness. He also stated that the financial institution’s board will appoint his successor.

“Consequent upon the tragic event, the company now has a nine-member board comprising of six non-executive directors (two of whom are independent) and three executive Directors inclusive of the group chief executive officer,” stated the statement, which was signed by Sunday Ekwochi, the company secretary.

In his time as chairman of the board of the holdings, the bank reported bumper profits with key ratios heading north.

Apart from Access Holdings Plc, he is also on the board of Richardson Oil & Gas Limited, Haggai Mortgage Bank Limited, Freedom Foundation (Nigeria) and Guiding Light Assembly and Associate Member at Institute of Directors and Senior Partner at Abax-Oosa Professionals.

In the past Mr. Osunkoya held the position of Partner at Bababode Osunkoya & Co., Manager at Abacus Merchant Bank and Assistant Audit Manager at HLB Z. O. Ososanya & Co.

Mr. Bababode Osunkoya is a Senior Partner at the chartered accounting firm of Abax-OOSA Professionals. With over two decades post-qualification experience in banking, audit, accountancy, taxation, business and financial advisory.

Mr. Osunkoya is an accounting graduate from the University of Lagos and is one of the first Certified Forensic Auditors of the Chartered Institute of Accountants of Nigeria. Mr. Bababode Osunkoya is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), the Chartered Institute of Taxation of Nigeria (CITN).