Access bank to entrench its market position in 2015

Managing Directors and Top Management members from eight countries within the Access Bank Group converged in Accra for a two-day subsidiaries retreat to position the Bank for further growth within their various markets.

Currently ranked amongst the top 20 banks in Africa by assets and capital, Access Bank Plc has expanded its global footprint in the last 10 years beyond Nigeria and now has presence in Ghana, the Gambia, DR Congo, Rwanda, Zambia, the United Kingdom and more recently in China.

The expansion is to provide innovative financial services to customers across sub-Saharan Africa and beyond.

The Bank is reputed as a catalyst for socio-economic growth on the continent due to its support and strategic partnerships with governments, private sector companies and communities to improve access to financial services.

The Group recently launched a 5-year strategy to drive its vision of becoming “the world’s most respected African Bank” by 2018.

Within the next 5 years, the Access Bank Group is focused on growing its share of the retail banking sector in all the markets it operates as it consolidates its dominance in Corporate Banking.

The retreat, which was attended by about seventy executives, set the tone for all subsidiaries of the Bank to mirror the leadership exhibited by the parent company in Nigeria to join the league of top tier Banks in all its markets.

Commenting on the event, which is the first of its kind for Senior Management members of all subsidiaries, the Group Deputy Managing Director, of the Access Bank Group Obinna Nwosu, stated:

“Today Access Bank’s leadership position has been validated by global rating agencies which has enabled the Bank to form several strategic alliances with multi-lateral financial institutions around the world.

The recent opening of a representative office in China, is consistent with our strategy to take our franchise beyond Africa and to guarantee the kind of growth and sustainability we require to build an African powerhouse capable of competing in the global market place:”

The Managing Director for Access Bank Ghana, Mr. Dolapo Ogundimu explained the choice of Ghana to host the event:

“Ghana is an important market within the Access Bank Group and we are happy to have hosted our colleagues from the various countries. The retreat has provided a platform for interaction that is necessary for organisational cohesion and a better appreciation of group expectations”.

Access Bank’s operations have been re-aligned along: Corporate, Commercial, Business and Personal Banking.

In Ghana, Access Bank recently unveiled its bouquet of inclusive banking products for children, students and pensioners.

The Bank plans to increase its share of the Retail Banking market, roll out an imitative to advance women’s development, support more SMEs and leverage technology to give its customers and enjoyable banking experience.

Last year, Access Bank Ghana was adjudged “Bank of the Year” at the 13th Ghana Banking Awards.

The Bank has also been adjudged winner in the following categories:

  • 2013 Best Bank in Corporate Social Responsibility
    • 2013 Top Emerging Brand
    • 2012 Best Growing Bank in Ghana
    • 2010 Most Socially responsible Bank
    • 2010 Best Bank in Agric Financing