Jeremy Awori is the new CEO of Ecobank after the retirement of Ade Ayeyemi

(ECOBANK) – Ecobank Transnational Incorporated, the parent company of the Ecobank Group, announced today that current CEO Ade Ayeyemi will retire after turning 60, in accordance with company policy. The Board of Directors has appointed Jeremy Awori succeed Ade Ayeyemi as CEO. The dates of entry into force will be communicated later.

Alain Nkontchou, Chairman of the Board of Directorsthanked Ade Ayeyemi for her immense contribution over the past seven years at the helm of the Ecobank Group. “Ade Ayeyemi can rightly be proud to have successfully led the implementation of the Leadership Roadmap strategy, overcoming challenges, seizing opportunities and positioning Ecobank for long-term sustainable growth. Her deep knowledge, vision, commitment and immense enthusiasm made all the difference. It was a real pleasure to work with him. I count on her unfailing support to ensure a smooth transition when Jeremy Awori takes over as CEO “, has indicated.

“Jeremy Awori is a highly respected leader in the banking industry who has achieved significant results in his previous roles. The Board of Directors is convinced that his dynamism and his strong results orientation will be fundamental to guide the Group in its next phase “, added Alain Nkontchou.

Ade Ayeyemi expressed his deep gratitude for having had the opportunity to lead the Ecobank Group, stating: “It has been a great privilege for me to have been able to lead an amazing team at Ecobanker to enable Ecobank Group to return to growth and continue to fulfill our high Pan African mission.”. He also expressed his commitment to ensure a smooth transition and facilitate the establishment of his successor.

The incoming CEO, Jeremy Awori, reacting to the announcement of his appointment, he said: “I am very honored to have been appointed to lead the Ecobank Group. I will be happy to consolidate the transformation of Ecobank, a truly pan-African institution with many talents, and to create value for all stakeholders. It is with humility that I take the opportunity that is offered to me to contribute to the economic development and financial integration of the continent with the Ecobank Group ”.

Jeremy Awori joins the Ecobank group after a twenty-five-year career in the banking sector, including nearly ten at the helm of Absa Bank Kenya Plc as CEO.

Prior to joining Absa, Jeremy Awori held various executive positions at Standard Chartered Bank in the Middle East and Africa. He brings to the Ecobank Group a wealth of banking experience, skills and know-how.

About Ecobank Transnational Incorporated (“ETI” or “The Group”)

Ecobank Transnational Incorporated (“ETI”) is the parent company of Ecobank Group, the leading independent Pan-African banking group. The Ecobank Group employs approximately 13,000 people serving over 32 million customers in the retail, commercial and wholesale banking sectors in 33 African countries. The Group has a banking license in France and has representative offices in Addis Ababa in Ethiopia, Johannesburg in South Africa, Beijing in China, London in the United Kingdom and Dubai in the United Arab Emirates. The Group offers a full range of banking products, services and solutions, including digital, including bank and deposit accounts, loans, cash management, advisory, trading, securities trading and wealth management. ETI is listed on several stock exchanges, notably the Nigerian Exchange in Lagos, the Ghana Stock Exchange in Accra and the Bourse Régionale des Valeurs Mobilières in Abidjan. For more information, visit www.ecobank.com

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