Access Bank Appoints Kumapayi Deputy Managing Director, Bamisebi Executive Director

Access Holdings Plc has introduced the appointment of Oluseyi Kumapayi as Deputy Managing Director, African Subsidiaries, and Olanrewaju Bamisebi as Executive Director, Information Technology and Digitalisation, at its banking subsidiary, Access Bank Plc.

The appointments, which acquired approval from the Central Bank of Nigeria (CBN), took impact on October 27 and October 28, 2026, respectively.

Kumapayi was promoted from his earlier place as Executive Director, African Subsidiaries, whereas Bamisebi moved from Access Holdings, the place he held the identical know-how management portfolio, to the board of Access Bank.

The management modifications type a part of the monetary group’s technique to enhance profitability, strengthen capital effectivity and generate larger returns from its current banking operations throughout Africa and worldwide markets.

Kumapayi, who joined Access Bank in 2002, has greater than 25 years of banking expertise masking monetary administration, technique, treasury, threat and enterprise improvement.

He served as Group Chief Financial Officer between 2007 and 2020 earlier than assuming accountability for the financial institution’s African subsidiaries in November 2020.

In his expanded position, he’ll oversee efforts to enhance earnings, operational effectivity and capital productiveness throughout the financial institution’s African operations whereas supporting the Managing Director within the establishment’s broader strategic administration.

Bamisebi brings greater than 20 years of expertise in know-how transformation, digital banking and enterprise methods.

Before becoming a member of the Access Group, he held senior know-how positions at Equity Group Holdings, together with Group Director of Information Technology and Operations and Managing Director of Finserve Africa. He additionally beforehand served as Group Chief Information Officer at Diamond Bank.

His new tasks embrace modernising Access Bank’s know-how infrastructure, strengthening cybersecurity, enhancing digital banking providers and lowering working prices by means of technology-driven effectivity.

The appointment additionally transfers govt accountability for know-how and digitalisation from the holding firm to Access Bank, bringing know-how administration nearer to the establishment’s core banking operations.

Access Holdings Group Chairman Aigboje Aig-Imoukhuede mentioned the appointments help the group’s efforts to generate stronger monetary efficiency from its established banking community.

According to him, the organisation is more and more targeted on enhancing returns on capital, operational effectivity and shareholder worth moderately than concentrating totally on geographical growth.

Access Bank Managing Director and Chief Executive Officer Roosevelt Ogbonna additionally recognized stronger subsidiary efficiency and improved know-how integration as priorities for the establishment.

He mentioned the financial institution intends to simplify its working platforms, strengthen service reliability and enhance buyer expertise whereas lowering the price of delivering banking providers.

The appointments come as Access Holdings seeks to consolidate its operations throughout a number of African markets and enhance the monetary contribution of its subsidiaries.