NAIROBI, Kenya Sep 12 – Pan-African lender Ecobank has appointed Jeremy Awori as its new chief executive officer to replace Ade Ayeyemi who is set to retire after he attains the age of 60, in accordance with ETI policy.
This follows Awori’s exit from Absa Bank Kenya where he served as CEO for nearly 10 years.
Ecobank said the relevant effective dates for his appointment will be communicated in due course
“Jeremy Awori is a highly respected leader in the banking industry with significant achievements in his previous capacities. The Board of Directors strongly believes that his drive and a strong focus on results will be vital in steering the Group in its next phase,” said Alain Nkontchou, Ecobank Group Chairman.
Nkontchou thanked Ade for his immense contribution during his seven years at the helm of the Ecobank Group
“Ade can be rightly proud of his success in leading the implementation of the Roadmap to Leadership strategy, navigating Ecobank through challenges, seizing opportunities, and positioning Ecobank for sustainable long-term growth,” he said.
Ade Ayeyemi expressed his deep gratitude for the opportunity to lead the Ecobank Group and stated: “It is a privilege to lead an amazing team of Ecobankers in bringing the Ecobank Group back to growth and continuing to realise our commendable pan-African mandate.”
He also expressed his commitment to a smooth transition and onboarding of his successor.
The incoming Group CEO, Awori, on his part said: “It is a great honour to be appointed Ecobank Group’s Chief Executive Officer. I look forward to consolidating the transformation of Ecobank, a truly pan-African institution full of talented people, while innovating to create value for all Ecobank’s stakeholders.”
Ecobank has operations in 35 African countries with an asset base of Sh3.3 trillion and more than 32 million customers across the continent.
