CBN Authorises Addition of Usman to Access Bank Board

by - Dipo Olowookere /
05-September-2020
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By Dipo Olowookere

The Central Bank of Nigeria (CBN) has given Access Bank Plc the go-ahead to have Mr Hassan Usman on its board as an independent non-executive director.

Mr Usman is a leader with a rich blend of academic, entrepreneurial and public sector experiences, which Chairman of Access Bank, Mrs Ajoritsedere Awosika, said are the major ingredients needed on the board at this moment.

“We are very delighted to be joined by Mr Hassan Usman, a leader with a rich blend of academic, entrepreneurial and public sector experiences which are all relevant to the needs of our board.

“As we embark on the next phase of our enterprise transformation, we continue to strengthen the diversity of our board.

“We are strongly convinced that he will no doubt add significant value to our quest to become Africa’s gateway to the world,” Mrs Awosika commented on the appointment.

The new board member has worked with several notable organisations. He was the MD/CEO of Aso Savings and Loans Plc and an Executive Director at Abuja Investment and Property Development Company Limited.

He was at various times the Deputy Director and Head of Petrochemicals and Gas Unit; Transport Sector Reform Team as well as the Deputy Director Telecoms Reform, Team Lead and Head NITEL Privatisation at the Bureau of Public Enterprises. He also worked with the CBN, Arthur Andersen and CitiBank Nigeria.

Also, over the years, he served as a member of the board of the Nigeria Sovereign Investment Authority (NSIA), Nigeria Mortgage Refinance Company and Council of the Nigerian Stock Exchange (NSE).

Mr Usman founded the New Frontier Development Limited, an investment company focused on financial advisory, hospitality, real estate and proprietary investments in start-ups and challenged companies in the SME space.

He also established Al-Qalam (Pen) foundation, a not-for-profit organisation that provides educational opportunities to disadvantaged children.

The new appointee holds a Bachelor of Arts Degree in Economics from the University of Sussex and a Master of Philosophy in Development Economics from the University of Cambridge.

He is a Fellow of the Institute of Chartered Accountants of England and Wales and also an Eisenhower Fellow and Archbishop Desmond Tutu Fellow of the African Leadership Institute.

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