Eco Bank Transnational Incorporated (ETI) has announced the appointment of Mr. Jeremy Awori as the new group CEO, following the retirement of Ade Ayeyemi, who reached the bank’s mandatory retirement age of 60.
Alain Nkontchou, Ecobank Group Chairman, has thanked Ade for his immense contribution during his seven years at the helm of the Ecobank Group as Group CEO. He added that “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, unrivalled vision, commitment, and infinite passion made all the difference. It has been a real pleasure working with him.”
“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” Alain Nkontchou stated.
Mr. Awori, in his 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 of Ecobank’s stakeholders. I am humbled by the opportunity to contribute to the continent’s economic development and financial integration with Ecobank Group”
Jeremy Awori joins Ecobank Group after a twenty-five-year career in the banking industry, including nearly a decade as CEO and Managing Director of Absa Bank Kenya Plc.
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.
Eco Bank is a leading pan-African bank with a presence in 33 African countries and has been at the forefront of driving economic development on the continent. Mr. Awori’s appointment is seen as a significant step in the bank’s efforts to deepen its footprint in Africa and position itself as a major player in the banking industry.
Under Mr. Ayeyemi’s leadership, the bank underwent significant transformation, including a digital transformation drive that has seen it launch various digital products and services. Mr. Awori is expected to build on this momentum and drive the bank’s digital transformation agenda to new heights.
