Herbert Wigwe, the CEO of Nigeria’s Access Bank Group, tragically perished in a helicopter crash in the United States along with his wife and son.
Access Holdings, the parent company of Access Bank, confirmed the devastating news, expressing deep sorrow over the loss of the Wigwe family.
The ill-fated helicopter departed from Palm Springs, California, en route to Boulder City, Nevada.
It crashed south of I-15 near Halloran Springs, California, approximately 120 kilometers northeast of Barstow.
The crash claimed the lives of two crew members and four passengers.
Nigeria’s President Bola Ahmed Tinubu extended condolences to the affected families and the business community, describing the crash as a tragedy beyond comprehension.
Ngozi Okonjo-Iweala, Director-General of the World Trade Organization, also expressed profound sadness over the loss of CEO Herbert Wigwe, his family, and Bimbo Ogunbanjo in the helicopter accident.
Access Bank, Nigeria’s largest bank by assets, recently made headlines for its acquisition of an 80 percent stake in Uganda’s Finance Trust Bank Ltd.
This move aimed to inject funds into Finance Trust Bank to bolster its capital base, thereby fostering financial inclusion and product diversification.
Access Holdings Plc, the parent company, announced the definitive agreement between Access Bank Plc and Finance Trust Bank Ltd and its selling institutional shareholders.
This acquisition signifies Access Bank’s commitment to expanding its presence and impact in the African banking sector.
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