Ecobank Transnational appoints Jeremy Awori to succeed Ade Ayeyemi as Group CEO

Group Chief Executive Officer, of Ecobank Transnational Incorporation Ade Ayeyemi is set to leave office. ETI the parent company of the Ecobank Group, said that the Ayeyemi will retire after he attains the mandatory age of 60, in accordance with the bank policy. He will be replaced by Jeremy Awori. The Board of Directors it was gathered selected Jeremy Awori to succeed Ayeyemi as Group Chief Executive Officer of ETI. However the relevant effective dates are yet to be made public as the bank said it will communicate the dates in due course.

The announcement was made on Monday, Sept. 12, 2022. Alain Nkontchou, Ecobank Group Chairman, thanked Ayeyemi for his immense contribution during his seven years at the helm of the Ecobank Group as Group CEO . 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.

On his part, Ayeyemi expressed deep gratitude for the opportunity to lead the Ecobank Group. “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, responding to the announcement of his appointment 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. I am humbled by the opportunity to contribute to the continent’s economic development and financial integration with Ecobank Group” Awori is joining Ecobank Group following a 25-year long career in the banking industry, with almost a decade leading Absa Bank Kenya Plc as the CEO & Managing Director. Before joining Absa, Jeremy held multiple leadership roles at Standard Chartered Bank across the Middle-East and Africa. He brings a wealth of experience, skills, and industry know-how to the Ecobank Group.