Transfers & Postings · BFSI
Access Holdings has named Oluseyi Kumapayi Deputy Managing Director for African Subsidiaries and Olanrewaju Bamisebi Executive Director for Information Technology and Digitalisation at Access Bank, with both appointments cleared by the Central Bank of Nigeria.
✦ AI SUMMARY 30-second read
- Kumapayi, promoted from Executive Director, African Subsidiaries, brings more than 25 years of banking experience to his expanded role.
- Bamisebi moves from Access Holdings to Access Bank's board, transferring technology and digitalisation oversight to the core banking subsidiary.
- Both appointments took effect on October 27 and October 28, 2026, respectively, following CBN approval.
Why it matters: The changes shift technology governance from the holding company directly to Access Bank and reinforce the group's stated focus on capital efficiency and subsidiary profitability across Africa.
This summary was generated by AI. Editors may review and update it.
Access Holdings Plc has appointed Oluseyi Kumapayi as Deputy Managing Director, African Subsidiaries, and Olanrewaju Bamisebi as Executive Director, Information Technology and Digitalisation, at its banking subsidiary, Access Bank Plc. The Central Bank of Nigeria approved both appointments, which took effect on October 27 and October 28, 2026, respectively.
Kumapayi was promoted from his prior role as Executive Director, African Subsidiaries, at the same institution. Bamisebi transitions from an equivalent technology leadership role at Access Holdings to a board-level position at Access Bank itself.
Access Holdings Group Chairman Aigboje Aig-Imoukhuede said the appointments support efforts to generate stronger financial performance from the group's established banking network, with the organisation increasingly prioritising returns on capital, operational efficiency and shareholder value over geographical expansion.
The key appointments
Kumapayi joined Access Bank in 2002 and has accumulated more than 25 years of banking experience spanning financial management, strategy, treasury, risk and business development. He served as Group Chief Financial Officer between 2007 and 2020, before taking charge of the bank's African subsidiaries in November 2020. In his new capacity, he will oversee earnings improvement, operational efficiency and capital productivity across the bank's African operations, while supporting the Managing Director in broader strategic management.
Bamisebi brings more than 20 years of experience in technology transformation, digital banking and enterprise systems. Before joining the Access Group, he held senior roles at Equity Group Holdings, including Group Director of Information Technology and Operations and Managing Director of Finserve Africa. He also previously served as Group Chief Information Officer at Diamond Bank. His responsibilities at Access Bank include modernising technology infrastructure, strengthening cybersecurity, improving digital banking services and cutting operating costs through technology-driven efficiency.
Strategic context
The appointments also carry a structural significance: executive responsibility for technology and digitalisation moves from Access Holdings to Access Bank, bringing that function closer to the institution's core banking operations.
Access Bank Managing Director and Chief Executive Officer Roosevelt Ogbonna identified stronger subsidiary performance and improved technology integration as institutional priorities. He said the bank intends to simplify its operating platforms, strengthen service reliability and improve customer experience while reducing the cost of delivering banking services.
The changes come as Access Holdings works to consolidate operations across multiple African markets and improve the financial contribution of its subsidiaries.
About the key officers
Oluseyi Kumapayi
| New post | Deputy Managing Director, African Subsidiaries, Access Bank Plc |
|---|---|
| Previous post | Executive Director, African Subsidiaries, Access Bank Plc |
| Career so far | Kumapayi joined Access Bank in 2002 and served as Group Chief Financial Officer between 2007 and 2020, after which he assumed responsibility for the bank's African subsidiaries in November 2020. |
Olanrewaju Bamisebi
| New post | Executive Director, Information Technology and Digitalisation, Access Bank Plc |
|---|---|
| Career so far | Before joining the Access Group, Bamisebi held the positions of Group Director of Information Technology and Operations and Managing Director of Finserve Africa at Equity Group Holdings, and earlier served as Group Chief Information Officer at Diamond Bank. |
Aigboje Aig-Imoukhuede
Roosevelt Ogbonna
| New post | Managing Director and Chief Executive Officer, Access Bank |
|---|
