By Ayomide Otitoju
Roosevelt Ogbonna, Chief Executive Officer of Access Bank, has acquired a £15 million mansion on The Bishops Avenue in Hampstead, one of London’s most prestigious addresses. The deal, confirmed by Land Registry documents, was finalized in August 2025, with Access Bank’s UK subsidiary reportedly providing a mortgage tied to the property.
The eight-bedroom residence features nine bathrooms, a swimming pool, spa, cinema, landscaped gardens, and a lift servicing all floors. Originally listed at £17 million in 2022, the mansion was purchased at a discounted price amid a slowdown in London’s luxury property market.
The Bishops Avenue, also known as “Billionaire’s Row,” hosts global celebrities and business figures including Justin Bieber, Ariana Grande, Lakshmi Mittal, and the Sultan of Brunei. Ogbonna becomes one of its newest high-profile residents. This transaction is one of only two major sales on the street this year, alongside an £8.8 million sale in June.
Ogbonna, who has led Access Bank since May 2022, has been with the institution since 2002. He stepped down as a non-executive director of Access Holdings in August but remains Managing Director and CFO of Access Bank, Nigeria’s largest bank by assets and Africa’s biggest by customer base, serving over 50 million clients.
Despite the street’s reputation and collective property values in the hundreds of millions of pounds, many homes on The Bishops Avenue remain unoccupied or derelict.
