BUSINESS
ACCESS BANK APPOINTS NEW EXECUTIVE DIRECTOR FOR RISK MANAGEMENT
Access Bank Plc has appointed Ifedayo Olaniyi Orimoloye as its new Executive Director, Risk Management, following approval from the Central Bank of Nigeria.
Access Holdings Plc announced the appointment on Friday, stating that Orimoloye’s tenure would take effect from September 21, 2026.
The new executive joins Access Bank with more than 25 years of experience in risk management across financial institutions in Africa, Europe and the United States.
Before his appointment, Orimoloye served as Group Chief Risk Officer of the African Development Bank, where he managed a risk portfolio exceeding $40bn.
He also contributed to the bank’s risk management framework and efforts that supported the institution’s continued AAA credit ratings from Moody’s Investors Service, S&P Global Ratings and Fitch Ratings.
His professional experience covers enterprise risk management, capital optimisation, credit governance, regulatory compliance and strategic transformation.
Before joining the African Development Bank, Orimoloye held senior risk management positions at Sterling Bank, Ecobank Transnational Incorporated, Wells Fargo Bank, HSBC and Citigroup.
Access Holdings said he also played important roles in capital and securitisation transactions, including initiatives designed to expand access to renewable energy across Africa.
Orimoloye holds bachelor’s degrees in Economics and Finance as well as an MBA in Finance from California State University, Hayward.
The Group Chairman of Access Holdings, Aigboje Aig-Imoukhuede, said Orimoloye’s international experience would contribute to strengthening the bank’s risk governance as it continues to expand.
Aig-Imoukhuede said Orimoloye brought extensive global risk management experience and strategic leadership to the board of Access Bank.
Access Holdings said the appointment further demonstrated the bank’s focus on strong corporate governance, prudent risk management and sustainable value creation for stakeholders.