ERNEST NDUKWE ANNOUNCES EXIT FROM ACCESS BANK BOARD
Former Chairman of Nigeria Communications Commission, Ernest Ndukwe, has stepped down from the board of Access Bank where he has served since 2013 as a Non-Executive Director. The bank made this known in a statement on the website of the Nigerian stock exchange.
The statement reads, “The Board of Directors of Access Bank Plc hereby announces that Dr Ernest Ndukwe has indicated his intention not to seek re-election during the bank’s 2020 Annual General Meeting.
“Dr Ndukwe has confirmed that he has no disagreement with the board and there are no issues relating to his resignation that needs to be brought to the attention of the bank’s shareholders or the regulatory authorities.
“Accordingly, he has resigned from the board effective March 31, 2020 to enable him focus on his current and additional responsibilities.”
The bank said it is already seeking a replacement for Ndukwe, who was appointed Chairman of MTN Nigeria in July 2019, nine years after he ended his tenure his widely acclaimed tenure as chief regulator of the telecommunications industry.
Ndukwe has in the past served in other capacities including as Chairman of the Administrative Council of the African Telecommunications Union; Chairman of the West African Telecom Regulators Assembly (WATRA); Vice Chairman of the Telecom Development Advisory Group of the International Telecommunications Union representing Nigeria and as Co-chairman of the Presidential Committee to develop Strategy and Roadmap for universal Broadband Access for Nigeria.
