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Nigeria’s Access Bank appoints ex-CFO, Kumapayi ex-director

By on November 15, 2020 0 214 Views

Nigeria’s top lender, Access Bank has announced the elevation of its former chief financial officer, Seyi Kumapayi to the position of executive director and the appointment of Omosalewa Fajobi and non-executive director.

In a regulatory filing, the bank said the two appointments have been approved by the Central Bank of Nigeria (CBN).

Kumapayi, who until his elevation was the CFO of the bank will now oversee the African Subsidiaries of the banking group.

He is a highly accomplished and result-driven professional. He has over 20 years of progressive banking experience spanning across Finance, Strategy, Risk Management, and Treasury.

He joined Access Bank in 2002 as the Head of Financial Control and Credit Risk Management.
Prior to joining Access Bank, he held controller and analyst positions with First City Monument Bank Limited and Guaranty Trust Bank respectively.

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Since joining Access Bank, he has played a significant role in the creation of the largest retail bank in Nigeria and specific corporate actions that have supported the Bank’s growth objectives and enhanced its capacity to play in key local and international markets.

Kumapayi is an alumnus of Harvard Business School. He holds a Master’s degree in Mechanical Engineering from the University of Lagos, and a Bachelor’s degree in Agricultural Engineering from the University of Ibadan, Nigeria.

Fajobi on her part is an experienced legal counsel and governance professional with a demonstrated history of working in the financial, investment and legal services industry.

She is currently an Operating Director at Tengen Family Office Ltd.
She is a versatile solicitor with strong competencies in negotiation, business risk management and financial analysis who has provided support in setting up companies across different sectors, creating operational bases that have proved effective and efficient.

Fajobi worked with International Finance Corporation from May 2014 to June 2017 as Project Lead (Nigeria) Africa Corporate Governance Programmes. She also worked as Legal Counsel at the defunct Oceanic Bank from 2006- 2010 and Access Bank Plc from 2004-2006.

Fajobi holds an LLM Degree (Merit) from the University of London (2009) with specialization in Corporate and Commercial Law and Second-Class Upper Degree from University of Lagos (1999). She is a member of the Nigerian Bar Association.

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