"It'll Be World Class": Access CEO To Challenge Covenant, Babcock, Others with a New Private University

"It'll Be World Class": Access CEO To Challenge Covenant, Babcock, Others with a New Private University

  • Access Holding CEO Herbert Wigwe has decided to establish a new university in his hometown
  • Wigwe believes that once the university is completed, it will be one of the best in Africa
  • Having been at the helm of affairs at Access Bank for the past 10 years, Wigwe has successfully guided the bank to break new ground

The Group Chief Executive Officer of Access Bank Holdings, Herbert Wigwe has decided to establish a new university in his hometown.

This is coming a few days after Legit.ng reported that Wigwe was planning to return to the classroom for a new law degree.

Access holdings
Access Holdings CEO Herbert Wigwe Photo credit: @Accessbank

Speaking at the foundation laying ceremony in Rivers, Wigwe said the institution when completed, will be named Wigwe University, with a focus to nurture and empower a generation of courageous and confident young individuals who will become future leaders and successful entrepreneurs.

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The Guardian reports that the Access Bank CEO also expressed his commitment to establishing a world-class educational institution.

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He also added that the university will boast a faculty comprising 60% Nigerian academic lecturers and 40% foreign lecturers.

Explaining further he noted:

"Spanning an expansive 400 hectares of land, the university will feature approximately 200 buildings catering to various academic and administrative needs.
"The extensive infrastructure will provide an ideal environment for students to pursue their educational goals.
"One unique aspect that will be of Wigwe University is its emphasis on international exposure."

At the event, the former Group Managing Director and CEO of Access Bank Plc, Aigboje Aig-Imoukhuede also said the remarkable infrastructural development of Governor Nyesom Wike inspired Wigwe to establish the university in Isiokpo.

In response, Wike who is set to leave office in less than a week declared the support of his administration to the Wigwe University.

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"I hope to inspire": Access Bank CEO Herbert Wigwe returns to classroom for new degree, advises youths

Wike noted that with Wigwe University coming on stream, Rivers now has two private universities.

Access Bank CEO, Wigwe buys over N11.3bn new shares after huge salary pay

In a similar report, Legit.ng earlier reported that Access Holdings CEO Herbert Wigwe has cemented his place as one of the biggest shareholders

The bank revealed that he paid over N11 billion to buy more shares in the financial institution.

Wigwe is one of Nigeria highest paid CEO and received huge compensation for his excellent work in 2022

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.