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Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced that its current Group Chief Executive Officer, Ade Ayeyemi, will be retiring after he attains the age of 60, in accordance with ETI policy. Consequently, the Board of Directors has appointed Jeremy Awori to succeed Ayeyemi as Group Chief Executive Officer of ETI. It however hinted that the relevant effective dates will be communicated to its stakeholders in due course, according to a statement on Tuesday.
Alain Nkontchou, Ecobank Group Chairman, thanked Ayeyemi for his immense contributions during his 7 years at the helm of the Ecobank Group as Group CEO.
“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.
“Ade’s deep knowledge, unrivaled vision, commitment and infinite passion made all the difference. It has been a real pleasure working with him.
“I count on his continuous support to ensure a smooth transition as we onboard Jeremy Awori as the new Group CEO. “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 strong focus on results will be vital in steering the Group in its next phase” Nkontchou stated.
