Access Bank Plc Appoints Oluseyi Kumapayi as DMD, African Subsidiaries and Olanrewaju Bamisebi as ED, IT and Digitalisation
Access Bank Plc has appointed Mr. Oluseyi Kumapayi as Deputy Managing Director, African Subsidiaries, and Mr. Olanrewaju Bamisebi as Executive Director, Information Technology and Digitalisation, effective October 27, 2026 and October 28, 2026, respectively.
Lagos, Nigeria - Access Bank Plc has appointed Mr. Oluseyi Kumapayi
as Deputy Managing Director, African Subsidiaries, and Mr. Olanrewaju Bamisebi as Executive Director,
Information Technology and Digitalisation, effective October 27, 2026 and October 28, 2026, respectively,
following the approval of the Central Bank of Nigeria, CBN.
Kumapayi is elevated from his previous position as Executive Director, African Subsidiaries, while Mr. Bamisebi
joins the Board of Access Bank from Access Holdings, where he previously served as Executive Director,
Information Technology and Digitalisation.
Advancing the Group’s Strategic Priorities
The appointments reflect Access Holdings’ continuing transition from scale to value, with a sharper focus on
profitability, capital efficiency, operational excellence and sustainable shareholder returns.
Having established a significant banking presence across Africa and selected international markets, the Group’s
priority is increasingly to maximise the value of its existing franchise through stronger subsidiary performance,
disciplined capital allocation, technology-enabled productivity and improved customer experience.
The elevation of Mr. Kumapayi reinforces the strategic importance of the African subsidiaries and the need to
translate their established market positions into stronger earnings, improved returns on capital and greater
operational efficiency.
Equally significant is the Group’s decision to relocate executive leadership responsibility for Information Technology and Digitalisation from the holding company to Access Bank, its flagship operating subsidiary.
This decision reflects the recognition that technology transformation must be closely integrated with banking operations, customer service, revenue generation and cost management.
By placing technology leadership at the heart of the Bank’s executive decision-making, the Group intends to
accelerate digital transformation, simplify operating platforms, strengthen resilience and improve execution across
its banking franchise.
Together, the appointments represent an important step in aligning executive leadership, organisational structure
and accountability with the Group’s strategic priorities.
Mr. Oluseyi Kumapayi, FCA — Deputy Managing Director, African Subsidiaries
Mr. Kumapayi brings over 25 years of banking experience spanning financial management, strategy, risk, treasury and business development.
He joined Access Bank in 2002 and served as Group Chief Financial Officer from 2007 to 2020, playing an important role in strengthening the Bank’s financial management and supporting its strategic development.
Since November 2020, he has served as Executive Director, African Subsidiaries, with responsibility for overseeing the Bank’s operations across its African markets.
As Deputy Managing Director, he will retain responsibility for the African subsidiaries, with an enhanced mandate to improve profitability, capital productivity, operational performance and cross-border business integration. He will also support the Managing Director/Chief Executive Officer in the broader leadership and strategic management of the Bank.
Mr. Kumapayi is a Fellow of the Institute of Chartered Accountants of Nigeria and holds an Executive MBA from IMD, Lausanne, and an Executive Master’s degree in Digital Transformation and Innovation Leadership from IE University, Madrid. He also holds degrees from the Universities of Lagos and Ibadan and is an alumnus of Harvard
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