Tuesday, Mar 31st 2020 12:46 PM
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Market Digest Nigeria

Business

Access Bank Non-Executive Director retires

Habib

Access Bank Plc has announced the retirement of a Non-Executive from the board of directors. The Bank informed the shareholders and the Nigerian Stock Exchange of Mr. Abba Mamman Tor Habib decision to not renew his contract that expires on March 30, 2020.

Habib

However, Mr. Habib has confirmed that he has no disagreement with the board and there are matters about his decision that should be brought to the attention of the bank’s shareholders, creditors and regulators.

Also, Access Bank affirms that Mr. Habib has made strong contributions to the success of the bank and the board wishes him the best in future endeavours.

Mr. Abba Mamman Tor Habib is a thorough bred banking professional with 20 years banking experience, 15 of which were spent with Guaranty Trust Bank Plc where he voluntarily resigned in 2008 as an Executive Director. His experience in Guaranty Trust Bank spanned across Corporate Banking and Risk Management. Mr. Habib has since 2008 been the Managing Director of Gremcoh Services Limited his family owned agricultural and real estate enterprise.

He was appointed to the Board on January 28, 2016 He holds a First Class Bachelor of Science degree in Agricultural Economics from University of Maiduguri and Master of Science in Banking and Finance from Bayero University Kano. Mr Habib has attended several Executive Development Programmes in leading institutions including African Development Bank, Harvard, IMD, D.C Gardner London and INSEAD.

Meanwhile, Access Bank board is identifying the right candidate to fill the vacancy and will be making further announcement in due course.

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