According to a statement from the bank, the retirement of Oyebode follows his successful completion of the maximum term limit as prescribed by the Central Bank of Nigeria’s Code of Corporate Governance for Banks and Discount Houses in Nigeria.
The appointment of Belo- Olusoga also follows a thorough selection process by the Governance and Nomination Committee of the Board led by Mr. Emmanuel Chiejina, a non-Executive Director. Belo-Olusoga joined the Board of the Bank in November 2007 as a non-Executive Director. Until her recent appointment, she was the Chairperson of the Credit and Finance Committee and member of the Board Committees on Audit, Governance and Nomination, Risk Management and Remuneration.
She was formerly an Executive Director of Guaranty Trust Bank Plc and was at various times responsible for Risk Management, Corporate and Commercial Banking and Transaction Services and Settlements. She is a graduate of Economics from University of Ibadan and a Fellow of the Institute of Chartered Accountants of Nigerian and Chartered Institute of Bankers of Nigeria.
Speaking on her appointment, Belo-Olusoga said; ‘‘I consider it a great privilege to chair Access Bank, an outstanding financial institution at a time like this. I look forward to working with its great team in transforming it into the world’s most respected African bank.’’