The Chairman of the Board of Directors of Access Holdings PLC, Bababode Osunkoya, is dead.

The news of his demise was made public by a statement on Thursday by Access Holdings confirming that Mr Osunkoya died on Tuesday, November 21 after a brief illness.

“On behalf of the Board of Directors of Access Holdings Plc (‘the Company’) and with a deep sense of loss, we write to notify the Nigerian Exchange Limited and the investing public of the death of Mr Bababode Osunkoya on November 21, 2023, after a brief Illness,” The financial services group said

“Consequent upon this tragic event, the company now has a nine-member board comprising six non-executive directors (two of whom are Independent) and three executive directors inclusive of the group chief executive officer.”

The notification of death was submitted to the Nigerian Exchange Limited on Thursday, November 23, 2023.

Mr Osunkoya was an astute professional with several years of experience spanning banking, accounting, asset leasing, and consulting.

He graduated from the University of Lagos in 1984, where he completed a Bachelor of Science degree in accounting.

Mr Osunkoya began his career at Premier Hotel Limited, Ibadan in 1985, later joining Z.O. Ososanya & Co (chartered Accountants) that same year. At the time he left the company in 1988, he was an assistant audit manager.

He subsequently moved to Abacus Merchant Bank Limited where he worked between 1989 and 1993 rising to the level of a manager. He later joined Konsuma Credit Limited in 1993 as a general manager.

Until his death, Mr Osunkoya sat on the boards of various financial service companies.

He was the managing partner at Abax-OOSA professionals (chartered accountants) and a board member of Coronation Life Assurance Limited, Haggai Mortgage Bank Limited, and Richardson Oil and Gas Limited.

He was also a fellow of the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Taxation of Nigeria.

Access Holdings appointed Mr Osunkoya chairman of its Board of Directors in March 2022 after it restructured into a holding company.

The company promised to notify the investing public subsequently of the Board’s choice of his successor.