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  • Business - Companies
  • Updated: May 13, 2022

Access Corporation Announces Start Of Operations

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Felicia Olamiji
Felicia Olamiji

  A graduate of English Language from Olabisi Onabanjo University, passionate about learning new...

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On Friday, Access Holdings Plc, trading as Access Corporation, announced its start of operations, with initial portfolio companies and its future strategy.

Building on Access Bank’s scale and ethical standards, the corporation will have portfolio companies with significant complementarities, allowing the ecosystem to walk with customers across their life cycle while delivering value to stakeholders.

Speaking, the Group CEO of Access Corporation, Herbert Wigwe speaking on its debut said: “Many of you would have heard us talk about Access Corporation earlier this year.

"This natural evolution of our company will ensure that we continue to use digital tools and our partnership with Fintechs to support our customers’ lifestyles outside of the banking system.

"We have set our sights on and delivered ambitious plans to transform the African financial services sector over the last 20 years.

"Until now, we have concentrated on banking, with the goal of becoming the World’s Most Respected African Bank.

"Our banking subsidiary is now Nigeria’s largest bank by assets and Africa’s largest in terms of customer base.

"It is now time for us to take the next transformative step, where we provide our customers with beyond banking services delivering new interconnected financial services across customers’ needs.”

According to him, banking, payments, consumer lending, insurance brokerage, and asset management are what the corporation will comprise.

“We recognise and embrace the change that is currently happening and, as we have previously demonstrated, we will lead.

"Access Corporation will be a driving force in the ongoing digital revolution to the benefit of our stakeholders.

"This transition will allow us to offer more career development opportunities across portfolio companies for our employees, allowing us to attract and retain the best talent in an increasingly global marketplace.

"We will unlock more value for our customers by focusing on distinct business opportunities with high growth rates globally, such as payments and consumer lending", he concluded.

 

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Felicia Olamiji
Felicia Olamiji

  A graduate of English Language from Olabisi Onabanjo University, passionate about learning new...

More From this Author

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