The resurgence of investor confidence in Access Holdings Plc’s shares comes on the heels of the appointment of Aigboje Aig-Imoukhuede as the chairman of the financial group.
Access Holdings, trading under the AccessCorp ticker on the Nigerian Exchange, gained 1.52% on Thursday, reflecting a positive market sentiment following Aig-Imoukhuede’s return to the helm.
Aig-Imoukhuede’s reemergence into the fold of Access Holdings has reignited optimism among investors, propelling the company’s shares from N23 to N23.35.
The volume of stocks traded also saw a significant increase, reaching 25,273,345 units compared to the previous session’s 18,240,481 units, signifying heightened interest in the company’s prospects under his leadership.
The veteran banker and former managing director of the Access Bank Group, Aig-Imoukhuede, assumes the chairmanship role, succeeding Mr. Abubakar Jimoh.
Aig-Imoukhuede’s return to Access Holdings comes a decade after his departure, following the tragic passing of his friend and co-founder, Herbert Wigwe.
His appointment heralds a new chapter for the financial group, underlining his commitment to realizing the shared vision he once championed alongside Wigwe.
In response to his appointment, Aig-Imoukhuede expressed enthusiasm about rejoining the Access Group ecosystem, emphasizing his confidence in delivering outstanding value to stakeholders.
His reassurance resonates with investors, who anticipate a strategic direction that aligns with the company’s growth trajectory and reinforces its position in the market.
As Access Holdings charts its course under Aig-Imoukhuede’s stewardship, the recent surge in share prices reflects not only investor confidence but also a renewed sense of optimism surrounding the company’s future prospects in the Nigerian financial landscape.