Herbert Wigwe, the renowned CEO of Access Holdings, tragically passed away in a helicopter crash in California, marking a significant loss to the banking and financial community, as well as his family and friends. His leadership at Access Bank transformed it into a leading financial institution not just in Nigeria but across Africa. Here’s a closer look at Herbert Wigwe’s life, legacy, and the details surrounding his untimely death.
Cause of Death
Herbert Wigwe’s life was tragically cut short in a helicopter crash near the California-Nevada border, along with five other passengers, including his wife, son, and Abimbola Ogunbanjo, the Group Chairman of Nigerian Exchange Group plc. The crash has been confirmed by the United States Government, leaving no survivors.
Age
Herbert Wigwe was 57 years old at the time of his passing, having been born on August 15, 1966. His career spanned several decades, during which he made an indelible mark on the banking sector.
Wife and Son
Wigwe’s wife Chizoba Wigwe (née Nwuba), and their son were also killed in the incident.
Net Worth
According to several web portals, his net worth is of $680 million. Under his leadership, Access Bank experienced substantial growth, contributing to his status as one of the most influential figures in African banking.
Access Holdings CEO
As CEO of Access Holdings, Wigwe oversaw the transformation of Access Bank into one of Nigeria’s and Africa’s top banks. His strategic vision led to numerous acquisitions and expansions, significantly enhancing the bank’s footprint and influence across the continent.
Career and More
Herbert Wigwe started his career at Coopers & Lybrand in Lagos and later joined GTBank, where he rose to become an Executive Director. In 2002, he and a partner acquired Access Bank, then a small commercial bank, and turned it into a powerhouse. Wigwe held degrees in Accounting, Banking and Finance, and Financial Economics from prestigious institutions, and his contributions to banking, education, and philanthropy have left a lasting legacy.
Herbert Wigwe’s death is a great loss to the global banking community and all who knew him. His work ethic, vision, and commitment to excellence will continue to inspire future generations.