Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, said on Thursday that its new executive director, Jeremy Awori, has assumed the role with effect from March 1.
The group appointed Mr. Awori in September 2022 upon the retirement of its former CEO, Ade Ayeyemi, who is 60 years old.
Speaking in a press statement by the bank, Mr. Awori said the appointment is a fantastic opportunity to take Ecobank to the next level of growth.
“Despite the current global challenges, Africa offers promising prospects,” he said.
“Ecobank is uniquely positioned to deliver systematic change in the banking sector at a pan-African level, leveraging its established geographic footprint.
“Through our single gateway platform, we are well positioned to provide the financial products and solutions that countries, companies and SMEs need to take advantage of the continent’s vast resources, trade and investment opportunities.
“We also provide relevant, accessible and affordable financial services that meet the evolving needs of the continent’s vibrant, young and entrepreneurial. Ecobank’s brand and legacy, continues to be a
a source of pride.”
Group Chairman, Alain Nkontchou, described the new CEO as an effective results-oriented leader with extensive knowledge of the African banking landscape. These qualities, he said, make him the ideal choice to lead the Ecobank Group’s growth through an era of rapid global and continental change.
Also read: Ecobank Group’s new CEO takes office
He also noted that Mr. Awori has the full support of the ETI Board.
Profile
Mr. Awori brings over 25 years of experience in the banking industry, including close to a decade as CEO and Managing Director of Absa Bank Kenya Plc.
Before joining Absa, he was a leader at Standard Chartered Bank in the Middle East and Africa.
His extensive expertise, skills and industry knowledge make him a valuable addition to the Ecobank Group, the statement said.
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