Access Holdings Plc has announced the retirement of its Deputy Managing Director, Chizoma Okoli, marking the end of her tenure at the banking group.
In an official statement, the company said, “Access Holdings Plc (“the Company”) hereby informs Nigerian Exchange Limited and the investing public that Mrs. Chizoma Okoli, Deputy Managing Director of the Company’s subsidiary, Access Bank Plc (‘the Bank’) will be retiring from the Bank effective April 30, 2026, following the expiration of her term.”
Her retirement will take effect on April 30, 2026, bringing to a close years of service in leadership roles within the institution.
Mrs. Okoli joined Access Bank Plc in March 2019 as an Executive Director. Over time, she rose through the ranks and was appointed Deputy Managing Director in charge of Retail South in March 2022.
During her time in office, she played a significant role in expanding the bank’s reach, particularly in retail banking and support for small and medium-sized enterprises. The company acknowledged her contributions, noting, “She has played a pivotal role in deepening the Bank’s retail footprint, expanding our customer base, and strengthening our proposition to small and medium-sized businesses across our markets.”
With nearly three decades of banking experience, Okoli built a strong reputation in Nigeria’s financial sector. Before joining Access Bank, she had a long career at Diamond Bank, where she held senior leadership roles and contributed to business development and growth initiatives.
Her leadership journey reflects a steady rise through the industry, beginning as an executive trainee in the early 1990s and evolving into top executive roles across major financial institutions.
The retirement comes as part of the company’s succession planning and corporate governance process, which ensures continuity in leadership while allowing experienced executives to complete their terms.
Although Access Holdings has not yet announced a direct replacement, the transition is expected to be smooth given the bank’s structured management system and existing executive team.
Industry observers see her exit as the close of an important chapter in Access Bank’s retail banking expansion, especially following the integration of Diamond Bank and the group’s broader growth strategy across Africa.
Her departure also highlights the increasing role women have played in leadership positions within Nigeria’s banking sector, where she has been regarded as a key figure in driving innovation and customer-focused banking solutions.
As she steps down, stakeholders are expected to reflect on her impact, particularly in strengthening customer engagement and supporting business growth across multiple markets.
Okoli leaves behind a legacy of strategic leadership, operational excellence, and a strong contribution to the evolution of one of Nigeria’s leading financial institutions.
