Access Holdings Plc has vested more than 200 million shares in 77 employees across its group, with former Executive Director, Business Support, Bolaji Agbede, emerging as the largest beneficiary after receiving 15.09 million shares.
The development was disclosed in a corporate filing dated July 8, 2026, submitted to the Nigerian Exchange (NGX) and signed by the Company Secretary, Sunday Ekwochi.
According to the filing, the share vesting exercise took place between June 29 and June 30, 2026, covering employees across Access Holdings and key subsidiaries, including Access Bank Plc.
The company said the allocations recognise employees’ contributions to the Group’s growth and strategic objectives while reinforcing its long-term employee ownership strategy.
Among the top beneficiaries, Agbede received 15,092,922 shares, the largest allocation under the scheme.
Executive Director Hadiza Ambursa and Access Bank Chief Financial Officer Seyi Kumapayi each received 10,906,875 shares, while Executive Director, Corporate and Investment Banking, Iyabo Soji-Okusanya, was allotted 10,119,941 shares.
Other major beneficiaries include Executive Director Lanre Bamisebi, who received 9,334,823 shares, while Executive Director Elizabeth Oguegbu and Access Bank Chief Risk Officer Femi Jaiyeola each received 4,651,163 shares.
The vesting programme also covered several senior executives and management personnel, including Olumide Olatunji, Abraham Aziegbe, Sunday Ekwochi, Amaechi Okobi and dozens of other senior managers across the Group.
The broad-based allocation reflects Access Holdings’ strategy of deepening employee ownership and aligning management incentives with long-term shareholder value creation.
Equity-based compensation has become an increasingly important talent retention strategy in the financial services industry, particularly as banks compete for skilled professionals amid rapid digital transformation, expanding fintech partnerships and regional expansion.
By giving employees a direct stake in the company’s performance, Access Holdings aims to strengthen accountability, enhance employee commitment and support its long-term growth ambitions as it expands across Africa and international markets.
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