Ecobank Appoints Jeremy Awori As New Group Chief Executive Officer

Ecobank Transnational Incorporated (ETI) has appointed the former CEO of Absa, Kenya as its new Group Chief Executive Officer (designate). 

Mr. Awori announced his exit from Absa Bank, Kenya last week after serving as chief executive for nearly 10 years.

Headquartered in Lome, Togo, the Pan African Bank (Ecobank) operates in about 35 African countries, serving more than 32 million customers with an asset base of about $27.5 billion. 

Investors King gathered that Jeremy Awori had a very successful stint in Absa bank, helping to reshape and rebrand the bank. 

He drew the bank towards digital banking and launched a 24 hours virtual assistance to help customers to facilitate transactions and improve their experience.

The current Group Chief Executive Officer of Ecobank, Mr Ade Ayeyemi is about to bow out as he will soon clock 60 years in accordance with the bank policy. 

In a statement made by the bank and obtained by  Investors King, Ecobank Group Chairman, Alain Nkontchou thanked Mr Ayo Ayeyemi for his contribution during his seven years at the helm of the bank. 

The statement partly read “Ade (Ayeyemi) 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”.

The Group Chairman also lauded the credentials of the newly appointed Group Chief Executive Officer, Mr Jeremy Awori. 

He said “Jeremy Awori is joining Ecobank Group following a twenty-five-year long career in the banking industry, with almost a decade leading Absa Bank Kenya Plc as the CEO & Managing Director…. He brings a wealth of experience, skills, and industry know-how to the Ecobank Group.”

Ecobank is one of the biggest banks in Africa with representative offices in London, Beijing and Dubai. 

The Pan African bank which is listed on the Nigerian Exchange in Lagos, the Ghana Stock Exchange in Accra, and the Bourse Régionale des Valeurs Mobilières in Abidjan will be counting on the experience of the new GCEO for its next phase of growth.