Herbert Wigwe, Access Bank CEO Dies in helicopter crash

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The tragic incident of Herbert Wigwe’s untimely death in a helicopter crash has sent shockwaves through both the Nigerian and international communities.

As the Group CEO of Access Holdings Plc, Wigwe played a pivotal role in shaping the Nigerian banking sector and was widely recognized for his leadership and contributions to society.

His sudden demise has not only left a void in the business world but has also raised numerous questions about the circumstances surrounding the crash and its implications.

On February 9, 2024, tragedy struck when the Eurocopter EC130 carrying Herbert Wigwe and five others crashed near Nipton, California. The flight, en route from Palm Springs Airport to Boulder City, Nevada, was chartered by Orbic Air to transport the passengers to the Super Bowl LVIII championship in Las Vegas.

Among the passengers were Wigwe’s wife, his son Chizi, former Chairman of Nigerian Exchange Group Plc Abimbola Ogunbanjo, and two crew members.

The crash resulted in the loss of all onboard, marking a devastating blow to the Nigerian business community and beyond.

The circumstances leading to the crash, including the cause and any potential factors involved, remain under investigation, leaving a cloud of uncertainty over the tragic event.

Following the crash, initial reports indicated the lack of survivors, with authorities confirming the incident shortly afterward. Reputable sources such as The Will and New York Times provided confirmation, adding to the gravity of the situation.

Access Holdings Plc issued a statement expressing deep sadness at the loss of Dr. Herbert Wigwe, his wife, and son, acknowledging his significant contributions as the company’s founding Group CEO.

The bank, in a statement on Sunday signed by the Company’s Group Secretary, Sunday Ekwochi, confirmed the unfortunate incident.

“It is with deep sadness that the Board of Directors of Access Holdings Plc announces the passing of Dr. Herbert Wigwe, CFR, the Company’s founding Group Chief Executive Officer and former Group Managing Director of its flagship subsidiary Access Bank Plc.

Dr. Wigwe died alongside his wife and son on Friday, February 9, 2024 in a helicopter accident in the United States of America.”

“The Access Family has suffered a major loss with the passing of Dr. Wigwe who was a great friend and fine gentleman.

He had a prodigious intellect, admirable personal qualities, and vast business experience which he brought to bear on the Access Family and for which we owe him a debt of gratitude.”the statement partly read.

Despite media attempts to seek comments from Access Holdings, the company’s media relations team remained unavailable for further clarification, adding to the mystery surrounding the incident.

The Rivers State Government, through Commissioner Joseph Johnson, confirmed the tragedy, describing it as shocking and painful, signaling widespread grief and mourning.

“His (Wigwe’s) death is confirmed. It is a big loss to everry sector. And not just himself, with his wife and son. It is very painful, ” the commissioner said.

Herbert Wigwe’s influence extended far beyond the confines of the banking sector. As Group CEO of Access Holdings Plc, he spearheaded the company’s growth, leading it to become one of Nigeria’s top financial institutions.

His visionary leadership and strategic initiatives propelled Access Bank to new heights, culminating in its merger with Diamond Bank in 2018, solidifying its position as the largest bank in Nigeria.

Beyond his professional achievements, Wigwe was deeply committed to philanthropy and social responsibility. Through initiatives such as the Herbert Wigwe Foundation and the How Foundation, he tirelessly worked to empower Nigerian youth, support vulnerable communities, and promote women’s empowerment.

His dedication to social causes and sustainable development earned him widespread admiration and respect, cementing his legacy as a compassionate leader and humanitarian.

Herbert Wigwe’s passing represents a significant loss to the Nigerian economy and the banking industry.

As a visionary leader and influential figure, his contributions to Access Holdings Plc and the broader business community have left an indelible mark.

While Wigwe’s legacy lives on through his achievements and philanthropic endeavors, his absence leaves a void that will be deeply felt by all those who knew and admired him.