Access Bank managing director Samuel Addae Minta exits amid bank aquisition contraversy

by Winnie Mwendwa
Published: Updated: 202 views
Samuel Addae Minta

Access Bank’s country manager for Kenya and East Africa managing director Samuel Addae Minta exits the lender amidst the ongoing acquisition of the National Bank of Kenya (NBK) by Access Bank.

His departure comes during a critical period as the Nigerian bank awaits regulatory approvals from both the Central Bank of Kenya (CBK) and the Central Bank of Nigeria (CBN) to complete the Ksh 13.3 billion buyout deal.

Access Bank had previously acquired Transnational Bank PLC in 2020.

Samuel Addae Minta

Samuel Addae Minta

Mr. Minta’s tenure also saw Access Bank attempt to acquire Sidian Bank from Centum Investment Company in 2022 but the deal failed due to unmet conditions.

You may also like

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More