Access Bank Plc has announced its transition into a financial services holding company, henceforth to be known as Access Holdings Plc, trading as Access Corporation.
According to Mr. Herbert Wigwe, GMD/CEO of Access Bank Plc, this change will see the bank evolving to a large scale ecosystem player offering a new globally connected set of services.
“The ecosystem will offer specialized services at the same time as a seamless integrated experience to improve both relevance and convenience,” Wigwe said, adding that Access Corporation will oversee a group of portfolio companies with significant complementarities that will drive more value for all its customers.
These, he said, include: Access Bank Group which makes banking remain at its core; Lending Company, a consumer lending company serving individuals and SMEs; Payment Company, a payment services company that will drive payments domestically, across the African continent and beyond; and Insurance Company, aimed as a tool to protect intergenerational wealth and benefit societies./SHARE THIS
- Tags: Access Bank Plc, Mr. Herbert Wigwe, Transformation