Access Bank Extends Feminine Charm At The Chair

By Emmanuel Aziken with agency reports

Dr. Dere Awosika, the woman who led one of the country’s most successful immunisation campaigns has been announced as the new chairman of Access Bank.

It will be her charge to insulate the Tier 1 Bank against rough terrains as it  steers through the uncharted terrains following the ongoing integration with the recently acquired Diamond Bank.

Unlike what happened after her tenure as national coordinator of the National Immunisation of programme at the beginning of the century when immunisation coverage declined, shareholders will not be disposed to a drop in shareholders’ stake either during or after her stake.

She takes over from another woman, Mrs. Mosun Belo-Olusoga whose tenure will end in January 2020 according to a statement from the company on Tuesday.

The retirement of Belo-Olusoga, who became the Board Chairman in 2015, was in line with the Central Bank of Nigeria’s Code of Corporate Governance for bankers and Discount Houses.

The two women in addition to another woman, Mrs. Anthonia Ogunmefun constituted 37% of the eight-man board. It is not known if a woman would be replacing the outgoing chairman to sustain the feminine flair of the board.

Awosika joined the board in April 2013 as an Independent Non-Executive Director and has been the Chairman and Vice Chairman of the Board Credit and Finance Committee and the Board Audit Committee, respectively in addition to membership of other Board Committees.

She is an accomplished administrator with over three decades experience in public sector governance. She was at various times, the Permanent Secretary in the Federal Ministries of Internal Affairs, Science & Technology and Power.

Awosika is a fellow of the Pharmaceutical Society of Nigeria and the West African Postgraduate College of Pharmacy.

She holds a Doctorate degree in Pharmaceutical Technology from the University of Bradford, United Kingdom.

She is currently the Chairman of Chams Plc and Josephine Consulting Limited and a Non-Executive Director of Capital Express Assurance Ltd.

According to the statement, the board expresses its appreciation to Belo-Olusoga for her contributions to the bank’s transformational growth and wishes Dr (Mrs) Awosika success in her new appointment.

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