Insider Dealing: Access Bank Chairman Acquires 7.1M Shares Worth N57.94M

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Dr. Ajoritsedere Josephine Awosika, the Chairperson, Access Bank Plc, purchased additional 7,109,104 ordinary shares of the bank on Tuesday, according to the latest disclosure statement of the bank.

Insider dealings give clues on insiders’ sentiment and director unlike before the new transparent policy where shareholders do not know what executives that formulates policy that impacts their desire stocks are doing.

In a statement released by Sunday Ekwochi, Company Secretary, Access Bank Plc, and made available to Brand Spur, Dr. (Mrs) Ajoritsedere Josephine Awosika acquired the shares on Tuesday 6th, April 2021 at N8.15 per share from the Nigerian Stock Exchange trading floor in Lagos, Nigeria.

Transaction details

Insider Dealing Brandspurng Access Bank Chairman Acquires 7.1M Shares Worth N57.94M

Her Brief Background

Dr. Awosika is an accomplished administrator with over three decades’ experience in public sector governance. She was at various times, the Permanent Secretary in the Federal Ministries of Internal Affairs, Science & Technology and Power.

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Dr-Ajoritsedere-Awosika,-MFR-(Independent-Director) Brandspurng Insider Dealing Access Bank Chairman Acquires 7.1M Shares Worth N57.94M
Dr. Ajoritsedere Josephine Awosika | Brand Spur Nigeria

She is a Fellow of the Pharmaceutical Society of Nigeria and the West African Postgraduate College of Pharmacy. She holds a Doctorate degree in Pharmaceutical Technology from the University of Bradford, United Kingdom.

She was appointed to the Board of Access Bank in April 2013 and served as the Vice-Chairman of the Board Audit Committee and Chairman of the Board Credit and Finance Committee.

Read Also:  Access Bank, Remita introduce salary advance scheme

Dr. Awosika sits on the boards of Capital Express Assurance Ltd and Josephine Consulting Limited.

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She became the Chairman of the Board on January 8, 2020, following the retirement of Mrs. Mosun Belo-Olusoga.

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Insider Dealing: Access Bank Chairman Acquires 7.1M Shares Worth N57.94M - Brand SpurInsider Dealing: Access Bank Chairman Acquires 7.1M Shares Worth N57.94M - Brand Spur
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Insider Dealing: Access Bank Chairman Acquires 7.1M Shares Worth N57.94M - Brand SpurInsider Dealing: Access Bank Chairman Acquires 7.1M Shares Worth N57.94M - Brand Spur

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