In a tragic incident, Herbert Wigwe, the Group Chief Executive Officer of Access Bank, along with his wife and son, has lost their lives in a helicopter crash. The incident occurred in California near the Nevada border, United States of America. The news of their demise has sent shockwaves through the business and banking community.
According to reports, the helicopter, identified as a Eurocopter EC130, crashed near Nipton, California, an unincorporated community about 60 miles south of Las Vegas. The Federal Aviation Administration confirmed the crash, stating that there were no survivors found at the scene. The exact details of the departure and destination of the helicopter remain unclear at this time.
Herbert Wigwe was a prominent figure in the banking industry, serving as the CEO of Access Bank Plc and the Group Chief Executive Officer of Access Holdings Plc. He had a successful career, with over four years of experience in publishing politics, business, sports, entertainment, education, and health stories.
Access Bank, under the leadership of Herbert Wigwe, has made significant contributions to the banking sector. Here are some key highlights:
1. Expansion and International Presence:
– Access Bank has expanded its operations beyond Nigeria and established a presence in several African countries, including Botswana, South Africa, Zambia, and Mozambique.
– This international expansion allows Access Bank to serve a wider customer base and contribute to the economic growth of these countries.
2. Merger and Acquisition Strategy:
– Access Bank has pursued a successful merger and acquisition strategy to strengthen its position in the market.
– In 2019, Access Bank completed its merger with Diamond Bank, becoming Nigeria’s largest bank by customer base.
– The bank has also acquired the African Banking Corporation of Botswana and Grobank in South Africa, further expanding its reach and influence.
3. Focus on Digital Transformation:
– Access Bank has prioritized digital transformation and invested heavily in information technology and e-business-related initiatives.
– The bank spent a significant amount on IT and e-business initiatives in 2020, leading to improvements in digital transactions and financial inclusion.
– Access Bank has introduced innovative technologies such as FacePay, which allows customers to carry out transactions within banking halls and enables instant settlement for merchant payments.
4. Commitment to Financial Inclusion:
– Access Bank is committed to promoting financial inclusion, especially among women and youth.
– The bank has implemented various initiatives to expand access to financial services, including partnerships with telco companies to open millions of new accounts.
– Access Bank’s digital transformation efforts have contributed to increased financial inclusion and improved customer experience.
This tragic incident has left the banking community and the nation in mourning. Herbert Wigwe was known for his leadership and contributions to the banking sector. His vision and strategic initiatives have played a significant role in the growth and success of Access Bank.
Access Bank has not released an official statement regarding the incident at the time of writing. However, it is expected that the bank will address the situation and provide support to the family and employees affected by this devastating loss.