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Nigerian Bank CEO and Family Lost Their Lives in Fiery Helicopter Crash at Mojave Desert

PUBLISHED: February 11, 2024 at 4:52 pm

In a heartbreaking incident that has shocked the world, Herbert Wigwe, the CEO of Access Bank, one of Nigeria’s largest banks, along with his wife, son, and other prominent individuals, lost their lives in a tragic helicopter crash in the Mojave Desert. The crash occurred on the eve of the Super Bowl, leaving a devastating void in the Nigerian banking industry and beyond.

Herbert Wigwe, a visionary leader and co-founder of Access Bank, was among the six individuals who tragically lost their lives in the helicopter crash. Known for his exceptional leadership skills, Wigwe played a pivotal role in establishing Access Bank as one of Nigeria’s most prominent financial institutions. His untimely demise has left the industry in shock and mourning.

The ill-fated helicopter, an Airbus EC130, was en route from Palm Springs, California, to Boulder City, Nevada, just outside of Las Vegas, where the highly anticipated Super Bowl was scheduled to take place. Tragically, the aircraft crashed near Baker, California, close to Interstate 15 in Halloran Springs. Witnesses reported seeing flames engulfing the helicopter upon impact with the desert terrain.

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The crash claimed the lives of not only Herbert Wigwe but also his beloved wife, Chizoba, and their son, Chizi. Additionally, Abimbola Ogunbanjo, the former group chairman of the Nigerian Exchange Group Plc, was also on board the ill-fated helicopter. The loss of these prominent individuals has sent shockwaves throughout Nigeria and beyond.

As news of the tragic incident spread, condolences and tributes poured in from all corners of the world. Nigerian President Bola Tinubu expressed his deep sorrow, describing the deaths as an overwhelming tragedy that is shocking beyond comprehension. The impact of Wigwe’s leadership and contributions to the banking sector was acknowledged by many, including Godwin Obaseki, the governor of Nigeria’s Edo State, who described Wigwe as a colossus in the financial sector.

Authorities are currently investigating the cause of the helicopter crash. Michael Graham, a board member of the National Transportation Safety Board, stated that the weather conditions at the time of the accident suggested rain and a “wintery mix.” The investigation will focus on various factors, including the aircraft’s airworthiness, maintenance records, operations, meteorology, and air traffic control.

Herbert Wigwe’s legacy extends far beyond his contributions to the banking industry. He believed in the power of education and its role in curbing mass migration, which he saw as destabilizing countries worldwide. In line with this vision, Wigwe was in the process of establishing Wigwe University in Nigeria’s oil-rich Niger Delta region, his hometown. The university aimed to provide quality education and opportunities for the local community.

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The loss of Herbert Wigwe leaves a significant void in Access Bank and the wider Nigerian banking industry. Wigwe played a crucial role in transforming Access Bank into the largest bank in Nigeria in 2018 through strategic acquisitions and expansion across the continent. His leadership and vision were instrumental in shaping the bank’s growth and reputation.

In the aftermath of the tragic incident, Access Bank will undoubtedly face challenges as it copes with the loss of its visionary leader. However, the bank’s strong foundation and commitment to excellence will guide its path forward. The board of directors and senior executives will work collectively to ensure the bank’s continued success and honor Herbert Wigwe’s legacy.

The Nigerian banking community, as well as the wider business community, is mourning the loss of Herbert Wigwe, his family, and the other individuals who perished in the helicopter crash. However, amidst the grief, there is a resolute determination to carry forward their legacies and build upon the progress they made in the industry. The resilience of the Nigerian people and their ability to come together in times of adversity will undoubtedly play a crucial role in the healing process.

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