Access Holdings Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Bolaji Agbede

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.07%
Management average tenure	no data
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO

Bolaji Agbede (54 yo)

less than a year

Tenure

Ms. Ms. Bolaji Olaitan Agbede serves as Group CEO of Access Bank PLC since February 2024. She is Executive Director of Business Support and Executive Director at Access Holdings Plc since February 22, 2022...

Board Members

Name	Position	Tenure	Compensation	Ownership
Bolaji Agbede	Interim CEO	2.8yrs	no data	0.074% NGN 583.4m
Olanrewaju Bamisebi	Executive Director of IT & Digitalization and Executive Director	2.3yrs	no data	0.0035% NGN 27.4m
Aigboje Aig-Imoukhuede	Non-Executive Chairman	less than a year	no data	no data
Ojinika Olaghere	Non-Executive Director	2.8yrs	no data	0.048% NGN 375.6m
Roosevelt Michael Ogbonna	Non-Executive Director	2.8yrs	no data	0.13% NGN 1.0b
Oluseyi Kumapayi	Non-Executive Director	2.8yrs	no data	0.099% NGN 784.1m
Olusegun Ogbonnewo	Non-Executive Director	2.8yrs	no data	0.022% NGN 172.2m
Abubakar Jimoh	Independent Non-Executive Director	2.8yrs	no data	no data
Fatimah Bello-Ismail	Independent Non-Executive Director	2.8yrs	no data	no data

2.8yrs

Average Tenure

55.5yo

Average Age

Experienced Board: ACCESSCORP's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Access Holdings Management

Management criteria checks 0/4

Key information

Recent management updates

Access Holdings Plc, Annual General Meeting, Apr 18, 2024

Access Holdings plc Announces CEO Changes

Access Holdings Plc Appoints Soji-Okusanya as Executive Director

Access Bank Plc Announces Board Changes

Recent updates

Third quarter 2024 earnings released: EPS: ₦4.79 (vs ₦3.18 in 3Q 2023)

First half dividend of ₦0.45 announced

Second quarter 2024 earnings released: EPS: ₦3.26 (vs ₦1.69 in 2Q 2023)

Price target increased by 7.7% to ₦30.33

First quarter 2024 earnings released: EPS: ₦4.35 (vs ₦2.06 in 1Q 2023)

Access Holdings Plc, Annual General Meeting, Apr 18, 2024

Upcoming dividend of ₦1.80 per share

Full year 2023 earnings released: EPS: ₦17.23 (vs ₦4.57 in FY 2022)

Access Holdings Plc (NGSE:ACCESSCORP) agreed to acquire National Bank of Kenya Limited from KCB Group PLC (NASE:KCB).

Investor sentiment deteriorates as stock falls 19%

Access Holdings plc Announces CEO Changes

Investor sentiment deteriorates as stock falls 20%

Investor sentiment improves as stock rises 19%

Price target increased by 9.7% to ₦22.67

Consensus EPS estimates increase by 21%

Investor sentiment improves as stock rises 18%

New major risk - Revenue and earnings growth

Investor sentiment improves as stock rises 23%

Investor sentiment improves as stock rises 20%

Access Holdings Plc Appoints Soji-Okusanya as Executive Director

New minor risk - Share price stability

Investor sentiment improves as stock rises 23%

Access Bank Launches the First American Express Cards to Be Issued in Nigeria

Investor sentiment improves as stock rises 16%

Price target increased by 15% to ₦15.30

Upcoming dividend of ₦1.30 per share at 15% yield

First quarter 2023 earnings released: EPS: ₦2.06 (vs ₦4.58 in 1Q 2022)

Price target decreased to ₦12.51

Now 21% undervalued

Now 20% undervalued after recent price drop

Third quarter 2022 earnings released: EPS: ₦1.36 (vs ₦0.98 in 3Q 2021)

Upcoming dividend of ₦0.20 per share

Second quarter 2022 earnings released

Access Holdings Plc (NGSE:ACCESSCORP) entered into an agreement to acquire an unknown majority stake in First Guarantee Pension Limited from First Bank of Nigeria Limited.

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased to ₦12.99

Upcoming dividend of ₦0.70 per share

Price target increased to ₦12.50

Full year 2021 earnings: EPS and revenues miss analyst expectations

Third quarter 2021 earnings released: EPS ₦0.98 (vs ₦1.16 in 3Q 2020)

Upcoming dividend of ₦0.30 per share

Price target decreased to ₦10.81

Second quarter 2021 earnings released: EPS ₦0.99 (vs ₦0.55 in 2Q 2020)

Consensus EPS estimates increase to ₦3.56

First quarter 2021 earnings released: EPS ₦1.49 (vs ₦1.21 in 1Q 2020)

Upcoming dividend of ₦0.55 per share

Full year 2020 earnings released: EPS ₦3.01 (vs ₦2.79 in FY 2019)

New 90-day low: ₦7.70

Price target raised to ₦12.05

Analysts increase EPS estimates to ₦2.92

Price target raised to ₦10.93

Access Bank Plc Announces Board Changes

Market bids up stock over the past week

New 90-day high: ₦8.00

New 90-day high: ₦7.15

Access Bank Plc (NGSE:ACCESS) entered into definitive agreement to acquire a stake in BancABC Mozambique SA from ABC Holdings Limited.

Access Bank Plc (NGSE:ACCESS) signed a memorandum of agreement to acquire Diamond Bank Plc (NGSE:DIAMONDBNK) from The Carlyle Group L.P. (NasdaqGS:CG) and others for NGN 72.5 billion.

First half earnings released

Price target lowered to ₦9.10

CEO

Tenure

Board Members

Average Tenure

Average Age