By Chukwuma Umeorah
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has appointed Ayo Adepoju as Group Executive Director.
The appointment was disclosed in a statement issued by the bank at the weekend.
Prior to this role, Adepoju served as the Group Chief Financial Officer. The bank described Adepoju as a key figure in Ecobank’s financial transformation, capital strategy, and resilience, highlighting his involvement in major capital market transactions including Eurobonds, Basel III-compliant instruments, and sustainability-linked debt.
Commenting on the development, Chairman of the Ecobank Group, Papa Madiaw Ndiaye, said: “On behalf of my fellow directors, I commend Ayo for his outstanding performance and warmly welcome him to the ETI board. His proven leadership has fostered trusted relationships with the Board and made this appointment both natural and strategic for the Group’s future.
“I believe that Ayo embodies Ecobank’s renewed talent philosophy, a homegrown leader with global exposure and a compelling track record. His intellect, integrity, and impact-driven leadership have long been evident. His appointment to the Board is a testament to our belief in recognising and elevating excellence from within.”
Group CEO, Jeremy Awori, added: “Ayo has played a critical role in strengthening Ecobank’s financial resilience and enabling sustainable business growth. His ability to manage complexity, innovate in financial strategy, align finance with enterprise-wide transformation, and lead collaboratively has made him a critical member of our executive team. I look forward to deepening our partnership as we drive forward our Growth, Transformation, and Returns strategy.”
Adepoju joined Ecobank in 2012 and has held several key positions including Group Financial Controller and Group Head of Business Performance and Analytics. Before joining Ecobank, he worked with PricewaterhouseCoopers in London and Lagos.
His expertise spans financial management, capital markets, strategic planning, capital raising and structuring, treasury management, investor relations, business performance management, governance, enterprise transformation, financial due diligence, internal control, and risk-based audit.