Prime Business Africa
In a stunning display of luxury and opulence, Roosevelt Ogbonna, the chief executive of Access Bank, has splashed out £15 million on a breathtaking mansion on London’s coveted Bishops Avenue, affectionately known as “Billionaire’s Row”.
This exclusive neighborhood has been home to A-list celebrities and business moguls like Justin Bieber, Ariana Grande, and Lakshmi Mittal.
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This eight-bedroom masterpiece boasts an array of extravagant features, including:
Swimming Pool: A lavish aquatic oasis perfect for relaxation and entertainment
Spa: A serene retreat for rejuvenation and pampering
Cinema: A state-of-the-art entertainment hub for movie nights and more
Nine Bathrooms: Opulent spaces showcasing impeccable design and craftsmanship.
Lift to All Floors: Convenient access to every level of the estate
Landscaped Garden: A meticulously manicured outdoor haven
READ ALSO: Access Bank CEO Ogbonna Worth His ₦30bn London Mansion – Financial Analyst
The Purchase
Ogbonna snagged the property at a discounted price of £15 million, down from the original £17 million price tag in 2022. This savvy purchase is one of only two deals completed on the street this year, amidst a slowdown in the luxury market. Another property on the avenue sold for £8.8 million in June.
Ogbonna’s Credentials
As the CEO of Access Bank, Ogbonna has been instrumental in driving the bank’s success. With over 50 million customers, Access Bank is the largest bank in Nigeria by assets and the largest in Africa by customer base. Ogbonna’s expertise and leadership have earned him recognition as a “thoroughbred and consummate professional” with a “rich professional cum academic background”.
Recent Developments
Interestingly, Ogbonna recently resigned as a non-executive director of Access Holdings, the bank’s parent company, to comply with the Central Bank of Nigeria’s Corporate Governance Guidelines. However, he remains the managing director and chief executive officer of Access Bank.
