Companies and ventures linked to the late Nigerian banker Herbert Wigwe

Companies and ventures linked to the late Nigerian banker Herbert Wigwe

Through strategic acquisitions and partnerships, he transformed Access Bank Plc into Access Holdings, now Nigeria’s largest lender by assets.

The acquisition of Diamond Bank in December 2018 marked a pivotal moment, leading to the structural transformation that resulted in the birth of Access Holdings in March 2022.

His impact reverberates across Access Bank Plc, Access Holdings, and his investment holding company, Tengen Holdings.

Access Bank Plc, the flagship banking business under Access Holdings, stands as a leading full-service commercial bank.

In 2002, Wigwe, alongside Aigboje Aig-Imoukhuede, acquired Access Bank and orchestrated transformative moves, including the landmark acquisition of Diamond Bank in 2018, propelling Access Bank to its current status as Nigeria’s largest bank.Tengen Holdings.

Tengen Holdings Limited, a Mauritius-based investment holding company, represents the financial interests of the Wigwe family.

In recent years, Tengen Holdings played a pivotal role in the acquisition of additional shares in Access Holdings, solidifying Wigwe’s position with a 9.09-percent stake.

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