Nigeria, Aug. 28 -- Access Holdings Plc has announced the resignation of Roosevelt Ogbonna from its board of directors, as the financial group moves to comply with new governance rules issued by the Central Bank of Nigeria (CBN).

The company disclosed this in a notice to the Nigerian Exchange on Tuesday signed by Company Secretary Sunday Ekwochi.

It said Mr Ogbonna stepped down as a non-executive director after three and a half years of service.

His resignation, it explained, was to align with the CBN's Corporate Governance Guidelines for Financial Holding Companies in Nigeria, 2023, which stipulate a maximum of nine directors on the board of a financial holding company.

"His resignation allows the Company to comply with the Central B...