Herbert Wigwe Net Worth: At the age of 57, Nigerian banker and businessman Herbert Onyewumbu Wigwe passed away on February 10, 2024. He was the former Group Managing Director and CEO of Access Bank Plc, one of the top five banks in Nigeria, and the CEO of Access Holdings Plc, which was listed as Access Corporation. In addition, he was a visionary leader and philanthropist who grew Access Bank from a tiny commercial bank to a major international financial organization.
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Herbert Wigwe Biography
On August 15, 1966, Herbert Wigwe was born in Rivers State to parents of Ikwerre ancestry from Omueke Isiokpo. He had one brother, Emeka, and three sisters, Joyce, Peggy, and Stella. After completing his secondary school at St. Gregory’s College in Lagos, he continued his studies at the University of Nigeria in Nsukka, where he graduated with a degree in accounting in 1987.
He continued his study by earning two master’s degrees: financial economics from the University of London in 1990 and banking and finance from the University College of North Wales (now Bangor University) in 1989. In 2006, he also participated in the Executive Management Program at Harvard Business School.
Herbert Wigwe began his career as a management consultant with Coopers & Lybrand Associates, a global group of chartered accountants, before becoming a certified public accountant. After that, he started working for Capital Bank as a senior manager, overseeing financial services and treasury.
He relocated to Guaranty Trust Bank (GTBank) in 1992, where he worked for more than ten years in a variety of roles, including treasury, institutional banking, and corporate banking. He progressed to become the executive director overseeing institutional banking and played a pivotal role in the growth of GTBank’s public sector enterprise.
Along with his friend and business partner, Aigboje Aig-Imoukhuede, he left GTBank in 2002 to take a share in Access Bank plc, a tiny commercial bank that was rated 65th out of 89 banks in Nigeria at the time. Access Bank grew from a regional bank with less than ten branches to a worldwide bank with over 600 locations throughout Nigeria, Africa, and the UK as a result of its ambitious transformation plan.
They oversaw the growth of Access Bank into one of the most lucrative financial institutions in Africa and Nigeria, placing a high priority on social responsibility, corporate governance, innovation, and customer care. Additionally, they oversaw several historic deals, including the 2012 acquisition of Intercontinental Bank.
Herbert Wigwe Personal Life
Herbert Wigwe was married to attorney and businesswoman Chizoba Wigwe (née Nwuba). David, Hannah, Tochi, and Chizi were their four children. He loved his family, and he spent a lot of time with them. He was a faithful husband and father.
In addition, he was a devout guy who upheld Christian principles and had confidence in God. He was a preacher and mentor to many at the Redeemed Christian Church of God (RCCG), where he belonged.
He loved reading books about spirituality, leadership, history, and biographies. In addition, he was an avid sports fan who cherished tennis, golf, and football. In addition to supporting the Nigerian national team, he was an Arsenal FC supporter.
Herbert Wigwe Net Worth
Herbert Wigwe’s banking and investing endeavors have brought him substantial wealth. Although his actual net worth is unknown to the public, estimates place it at about $65.2 million. As a result, he is among the wealthiest African bankers and a well-liked personality in the financial industry.
Herbert Wigwe, the CEO of Access Holdings Plc, may have been involved in a deadly aircraft crash close to the California-Nevada border, according to some unconfirmed reports originating from the US.
According to the reports, the helicopter crashed on Friday night, April 10, 2024, close to a city that separates the two states. His wife and child were among the five other passengers who perished in the disaster. According to reports, the chopper was en route to Las Vegas.
What Was Herbert Wigwe At The Time Of His Death?
His age was 57 years old.
How Much Was Herbert Wigwe’s Net Worth?
His net worth was $65.2 million.
Who Was Herbert Wigwe Married To?
He was married to Chizoba Wigwe.