Access Holdings Plc (“Access Holdings” or “the Company”) hereby notifies the Nigerian Exchange Limited (“NGX”) and the investing  public that its flagship banking subsidiary, Access Bank Plc (“the Bank”), has, following the approval of the Central Bank of Nigeria  (“CBN”), appointed Mr. Oluseyi Kumapayi as Deputy Managing Director, African Subsidiaries, and Mr. Olanrewaju Bamisebi as Executive  Director, Information Technology and Digitalisation, effective October 27, 2026 and October 28, 2026, respectively.  Mr. Kumapayi is elevated from his previous position as Executive Director, African Subsidiaries, while Mr. Bamisebi joins the Board of  Access Bank from Access Holdings, where he previously served as Executive Director, Information Technology and Digitalisation. 

Advancing the Group’s Strategic Priorities 
The appointments reflect Access Holdings’ continuing transition from scale to value, with a sharper focus on profitability, capital efficiency, operational excellence and sustainable shareholder returns. 
Having established a significant banking presence across Africa and selected international markets, the Group’s priority is increasingly  to maximise the value of its existing franchise through stronger subsidiary performance, disciplined capital allocation, technology enabled productivity and improved customer experience. 

The elevation of Mr. Kumapayi reinforces the strategic importance of the African subsidiaries and the need to translate their established  market positions into stronger earnings, improved returns on capital and greater operational efficiency. 

Equally significant is the Group’s decision to relocate executive leadership responsibility for Information Technology and Digitalisation  from the holding company to Access Bank, its flagship operating subsidiary. This decision reflects the recognition that technology  transformation must be closely integrated with banking operations, customer service, revenue generation and cost management. 
By placing technology leadership at the heart of the Bank’s executive decision-making, the Group intends to accelerate digital  transformation, simplify operating platforms, strengthen resilience and improve execution across its banking franchise. 

Together, the appointments represent an important step in aligning executive leadership, organisational structure and accountability  with the Group’s strategic priorities. 

Mr. Oluseyi Kumapayi, FCA — Deputy Managing Director, African Subsidiaries 
Mr. Kumapayi brings over 25 years of banking experience spanning financial management, strategy, risk,  treasury and business development. He joined Access Bank in 2002 and served as Group Chief Financial  Officer from 2007 to 2020, playing an important role in strengthening the Bank’s financial management and  supporting its strategic development. 



Since November 2020, he has served as Executive Director, African Subsidiaries, with responsibility for  overseeing the Bank’s operations across its African markets. 
As Deputy Managing Director, he will retain responsibility for the African subsidiaries, with an enhanced  mandate to improve profitability, capital productivity, operational performance and cross-border business  integration. He will also support the Managing Director/Chief Executive Officer in the broader leadership and  strategic management of the Bank. 

Mr. Kumapayi is a Fellow of the Institute of Chartered Accountants of Nigeria and holds an Executive MBA from IMD, Lausanne, and an  Executive Master’s degree in Digital Transformation and Innovation Leadership from IE University, Madrid. He also holds degrees from  the Universities of Lagos and Ibadan and is an alumnus of Harvard Business School’s General Management Program. 

Mr. Olanrewaju Bamisebi — Executive Director, Information Technology and Digitalisation 
Mr. Bamisebi is an accomplished technology executive with over 20 years of experience in technology  transformation, digital banking, enterprise systems and operational management across financial services  and other industries. 



He most recently served as Executive Director, Information Technology and Digitalisation at Access Holdings,  where he was responsible for the Group’s technology strategy and shared technology services, including  digital banking infrastructure, enterprise platforms, data management and technology resilience. 
Previously, he held senior leadership positions at Equity Group Holdings Limited, including Group Director,  Information Technology and Operations, and Managing Director of Finserve Africa. He has also served as  Group Chief Information Officer at Diamond Bank, alongside earlier technology leadership roles at other major  Nigerian institutions.