Roosevelt Ogbonna, the Chief Executive Officer of Access Bank Plc is has stepped up his net worth with the purchase of a luxury home worth $20 million
Roosevelt Ogbonna, the Chief Executive Officer of Access Bank Plc is has stepped up his net worth with the purchase of a luxury home worth $20 million in the United Kingdom.
Ogbonna who was in the spotlight, just weeks after stepping down as a non-executive director of Access Holdings Plc, the country’s largest financial services group by assets purchased the mansion in London’s Hampstead neighborhood, often referred to as Billionaires’ Row.
The transaction is the biggest purchase in London’s luxury housing market. The property, which features a spa and an entertainment suite, had been listed for as much as £17 million ($23 million) in 2021. The deal puts Ogbonna among a small group of executives making high-profile real estate moves in the UK capital at a time when softening demand has pushed sellers to accept steep discounts.
Ogbonna joined Access Bank in 2002 after a stint at Guaranty Trust Bank and rose through the ranks to become managing director and chief executive in May 2022. Before that, he served as deputy managing director from 2017 and as executive director from 2013.
Despite stepping down as an executive director due to Central bank of Nigeria’s rules, Ogbonna continues to play a key role in the lender’s expansion strategy. Ogbonna also has a direct financial stake in the group’s future, with shares worth $2.7 million.
