Access Bank appoints Oluseyi Kumapayi as Deputy Managing Director, African Subsidiaries

Access Bank Plc has appointed Oluseyi Kumapayi as Deputy Managing Director, African Subsidiaries, and Olanrewaju Bamisebi as Executive Director, Information Technology and Digitalisation. These appointments took effect on October 27, 2026, and October 28, 2026, respectively, following approval by the Central Bank of Nigeria.

Kumapayi, who was previously an Executive Director overseeing the Bank's African operations, now holds a more significant role with an enhanced mandate to improve profitability, capital productivity, operational performance, and cross-border business integration for the African subsidiaries. Bamisebi, moving from Access Holdings to Access Bank, brings extensive technology and digital expertise to his new position.

The appointments reflect Access Holdings' strategy to transition from scale to value, focusing on profitability, capital efficiency, operational excellence, and sustainable shareholder returns. The elevation of Kumapayi reinforces the importance of the African subsidiaries and aims to translate their market positions into stronger earnings and returns on capital. Bamisebi's appointment signifies a shift to integrate technology transformation more closely with banking operations and customer service.

With these appointments, Access Bank aims to accelerate digital transformation, simplify operating platforms, strengthen resilience, and improve overall execution across its banking franchise. Both leaders possess extensive experience in technology and digital transformation, having held senior roles at major Nigerian institutions and international firms.