Wigwe’s Dreams Were Beyond Banking Sector – Segun Agbaje

Herbert Wigwe, the CEO of Access Holdings
Herbert Wigwe, the CEO of Access Holdings

Wigwe’s Dreams Were Beyond Banking Sector – Segun Agbaje

The Group Chief Executive Officer (GCEO), Segun Agbaje, Guaranty Trust Holding Company Plc, says Herbert Wigwe, the late Chief Executive Officer (CEO), Access Holdings, business’ mindset were not limited to banking sector.

The is evident as the late businessan was also the founder of Wigwe University.

Agbaje eulogising Wigwe during a tribute by professionals and colleagues on Monday in Lagos described wigwe as a brother, a competitor, and a friend.

Agbaje recalled how they were both colleagues at Guaranty Trust Bank (GTB) while climbing the corporate ladder, noting that Wigwe distinguished himself from others with his drive and banking skills.

“I met Herbert November 1991. We were both in the corporate bank. This gentleman walked in, didn’t take off his jacket because we all had our jackets on. Well, that was Herbert, he was going to do it his own way,” he said.

“He drove a red golf. Who drives a red golf? Only a man who’s that brazen drives around in a red golf.

“Very quickly, Herbert earned our respect. Herbert was one of the cleverest people in Guarantee Trust Bank. He was a credit analyst’s analyst.

“But that’s not what got him his respect because we were all good analysts. But Herbert had what we all didn’t have — he had the power to chase accounts, network and deliver things that we all couldn’t.”

Agbaje spoke about Wigwe’s courage, saying he had his first flat in Victoria Island, an upmarket area in Lagos, when most of his counterparts could not move out of their family homes.

“Maybe it was coincidence but most people might not know Herbert’s first flat was next door to the old Access Bank head office next to Intercontinental,” Agbaje added.

“Maybe it was providence and he knew he would one day buy that bank.”

The banker also said he and his former colleague got promoted in GTB the same day, but noted that Wigwe left to pursue his dreams.

“Herbert was always there for you as a friend, always had a listening ear and so he became my friend and we rose, him and I became executive directors on the same day,” Agbaje said.

“The thing about that position is, you were then sent to Harvard for three months. Mistake. You never came back from that course the same person. Aig and Herbert came back and they had bigger dreams than the bank and so they bought their own bank.

“Thankfully one of us stayed, maybe the cowardly one. And so I stayed behind and in the years when they built Access Bank, if you know us well, we’d compete and so we became very fierce competitors. We fought furiously but never poorly or never badly.”

Agbaje said the last conversation he had with Wigwe, two weeks before he died, was centred on the university he was building. Agbaje said the university was Wigwe’s obsession.

“I have but one little comfort by the way, when I think of Herbert. It is that Herbert packed into 57 years what most exceptional people will never pack into two lifetimes,” the CEO said.