Access Holdings Plc on Thursday announced the death of its chairman, Bababode Osunkoya.
The organization made this known in a notification to the Nigerian Exchange Limited signed by the Company Secretary, Sunday Ekwochi.
Osunkoya reportedly died after a brief illness on Tuesday, the statement said.
The statement said: “Consequent upon the tragic event, the company now has a nine-member board comprising of six non-executive directors (two of whom are independent) and three executive Directors inclusive of the group chief executive officer.”
Access Holdings Plc added that the board will announce Osunkoya’s successor soon.
As Chairman of the board of the holdings, the bank reported bumper profits with key ratios heading north, The Punch reports.
Apart from Access Holdings Plc, he is also on the board of Richardson Oil & Gas Limited, Haggai Mortgage Bank Limited, Freedom Foundation (Nigeria) and Guiding Light Assembly and Associate Member at Institute of Directors and Senior Partner at Abax-Oosa Professionals.
Osunkoya also held the position of Partner at Bababode Osunkoya & Co., Manager at Abacus Merchant Bank and Assistant Audit Manager at HLB Z. O. Ososanya & Co.
He was a Senior Partner at the chartered accounting firm of Abax-OOSA Professionals and had over two decades post-qualification experience in banking, audit, accountancy, taxation, business and financial advisory.
He was an accounting graduate from the University of Lagos and one of the first Certified Forensic Auditors of the Chartered Institute of Accountants of Nigeria.
He was a Fellow of the Institute of Chartered Accountants of Nigeria and Chartered Institute of Taxation of Nigeria.