Herbert Wigwe is a renowned Nigerian banker and entrepreneur who has significantly contributed to the country’s financial sector. With a successful career of over 25 years, he has played a pivotal role in shaping Access Bank PLC into one of Africa’s leading financial institutions.
This article will delve into Herbert Wigwe Net Worth, biography, early life, education, career, personal life, and social media presence.
Quick Facts
| Fact | Information |
|---|---|
| Full Name | Herbert Onyewumbu Wigwe |
| Popular Name | Herbert Wigwe |
| Gender | Male |
| Birth Date | August 15, 1966 |
| Age | 56 years old |
| Parents | Pastor Shyngle Wigwe (father), Mrs. Wigwe (mother) |
| Siblings | Peggy, Stella, Joyce, Emeka |
| Birth Place | Ibadan, Oyo State, Nigeria |
| Nationality | Nigerian |
| Ethnicity | Ikwerre |
| Education | Bachelor’s degree in Accountancy, University of Nigeria; MA in Banking and Finance, University College of North Wales; MSc in Financial Economics, University of London; Harvard Business School Executive Management Program |
| Marital Status | Married |
| Sexual Orientation | Straight |
| Wife/Spouse | Chizoba Wigwe |
| Children | Chizi, Tochi, Hannah, David |
| Net Worth | Over $78.1 million |
| Source of Wealth | Banking and Fintech |
| Height | Not available |
| Weight | Not available |
What is Herbert Wigwe’s Net Worth and Salary in 2023?
Herbert Wigwe’s net worth is estimated to be over $78.1 million. As the CEO of Access Bank PLC, he has been instrumental in the bank’s growth and success.
While his official net worth has not been publicly confirmed, Wigwe’s financial standing is a testament to his achievements in the banking industry. His salary has varied over the years, with reports stating that he earned N120 million in 2021 and N86 million in 2022.
These fluctuations may be attributed to the bank’s performance during those periods. Additionally, Wigwe has other businesses and investments that contribute to his wealth.
Why is Herbert Wigwe Famous?
Herbert Wigwe is famous for his role as the CEO of Access Bank PLC, one of Nigeria’s top five banking institutions. Under his leadership, Access Bank has experienced remarkable growth and transformation.
Wigwe has spearheaded strategic initiatives such as successful acquisitions and mergers, expanding into new markets, and implementing innovative digital banking solutions.
He is widely recognized for his contributions to the Nigerian banking industry and his commitment to social development initiatives across the continent.
Herbert Wigwe Biography
Early Life
Herbert Wigwe was born on August 15, 1966, in Ibadan, Oyo State, Nigeria. He hails from the Ikwerre local government area of Rivers State. His father, Pastor Shyngle Wigwe, is a retired director-general at Nigerian Television Authority (NTA), and his mother is a Nurse. He grew up in Lagos State, Nigeria, with his four siblings.
Education
Wigwe obtained a Bachelor’s degree in Accountancy from the University of Nigeria, Nsukka. He furthered his education with an MA in Banking and Finance from the University College of North Wales (now Bangor) and an MSc in Financial Economics from the University of London.
He also attended the Harvard Business School Executive Management Program, enhancing his business acumen and leadership skills.
Career and Awards
Herbert Wigwe’s career in the banking sector is nothing short of impressive. He began his journey at Guaranty Trust Bank, where he quickly climbed the ranks and gained valuable experience. However, his true success story began in 2002 when he co-founded Access Bank alongside Aigboje Aig-Imoukhuede.
As the Deputy Group Managing Director of Access Bank, Wigwe played a crucial role in the bank’s growth and development. His strategic vision and leadership skills were instrumental in transforming Access Bank into one of Nigeria’s top financial institutions.
In recognition of his exceptional contributions, Wigwe assumed the position of Group Managing Director and CEO of Access Bank PLC in 2014.
Under Wigwe’s leadership, Access Bank has experienced remarkable achievements and milestones. He has spearheaded numerous strategic initiatives that have propelled the bank to new heights of success.
One notable accomplishment was the successful acquisition of Intercontinental Bank PLC in 2012, which significantly expanded Access Bank’s customer base and market share.
Wigwe’s commitment to innovation and digital transformation has also driven Access Bank’s success. He has championed implementing cutting-edge digital banking solutions, making banking more accessible and convenient for customers. This forward-thinking approach has positioned Access Bank as a leader in the fintech space.
In recognition of his outstanding contributions to the banking industry, Herbert Wigwe has received several prestigious awards and accolades.
He has been honored with the African Banker of the Year award multiple times, cementing his status as a visionary leader in the African banking sector. Additionally, Wigwe has been recognized for his commitment to corporate governance and sustainable business practices.
Despite his remarkable achievements, Wigwe remains humble and dedicated to positively impacting society. He actively participates in various social development initiatives, particularly education and healthcare.
Through the Herbert Wigwe Foundation, he has implemented programs that provide scholarships to deserving students and support healthcare facilities in underserved communities.
Personal Life
Herbert Wigwe is happily married to Chizoba Wigwe, whom he met during her National Youth Service Corp assignment in Nigeria. They have four children: Chizi, Tochi, Hannah, and David.
Two of their children have followed in their father’s footsteps and pursued careers in finance. The family resides in Lagos State, Nigeria.
Social Media Accounts
Herbert Wigwe maintains a low profile on social media platforms. While he may not actively engage on platforms like Instagram, Twitter, YouTube, LinkedIn, and Pinterest, his leadership and business achievements can be followed through official corporate accounts related to Access Bank.
FAQs about Herbert Wigwe
Has Herbert Wigwe won any awards?
Yes, he has been recognized with several awards, including the African Banker of the Year in 2020.
Is Herbert Wigwe active on social media?
While he may not have individual social media accounts, his presence can be observed through official corporate accounts related to Access Bank.
What is the source of Herbert Wigwe’s wealth?
Herbert Wigwe’s wealth primarily comes from his career in banking and fintech.
Conclusion
Exceptional achievements and contributions have marked Herbert Wigwe’s career in the banking sector. His strategic vision, leadership skills, and commitment to innovation have positioned him as a visionary leader in the African banking sector.
With his continued dedication to driving growth and making a positive impact, Wigwe’s influence in the financial industry is set to endure for years to come. Visit Covemarkets to learn more relevant posts.
