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Jeremy Awori Assumes Role as CEO of Ecobank Group, Pledges to Drive Pan-African Growth

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Jeremy Awori Assumes Role as CEO of Ecobank Group

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced that Jeremy Awori has officially taken up the role of Chief Executive Officer, effective March 1, 2023.

As a seasoned banking professional with over 25 years of experience, Awori brings to the role a wealth of expertise and industry know-how that will be instrumental in driving the pan-African growth of the banking group.

In his first official statement as CEO, Awori expressed his excitement at the opportunity to take Ecobank to the next level of its growth strategy, saying that despite current global challenges, Africa offers promising prospects. He added that the bank is uniquely positioned to provide systematic change across the banking sector at a pan-African level, using the geographic footprint it has already established.

Through its single gateway platform, Ecobank is well-positioned to provide the necessary financial products and solutions for countries, corporates, and SMEs to capitalize on the continent’s vast resource, trade and investment opportunities. The bank also provides relevant, accessible, and affordable financial services that address the evolving needs of a vibrant, youthful, and entrepreneurial continent.

Ecobank’s brand and heritage, Awori said, continue to be a source of pride, and he pledged to work tirelessly to uphold the bank’s reputation as a leading pan-African banking group.

Alain Nkontchou, Ecobank Group Chairman, described Awori as an exceptional and proven leader with an extensive knowledge of the African banking landscape, making him the ideal choice to steer the growth of the Ecobank Group through the current era of rapid global and continental changes. Nkontchou added that Awori has the full support of the ETI Board.

Prior to joining Ecobank, Awori served as CEO and Managing Director of Absa Bank Kenya Plc for close to a decade. He also held leadership roles at Standard Chartered Bank across the Middle East and Africa. With his extensive expertise, skills, and industry know-how, Awori is a valuable addition to the Ecobank Group, and his appointment bodes well for the bank’s pan-African growth strategy.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Appointments

Access Holdings PLC Names Ms. Bolaji Agbede as Acting Group CEO Following Dr. Herbert Wigwe’s Passing

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Bolaji Agbede

The Board of Directors of Access Holdings Plc has announced the appointment of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer of the Company following the unfortunate demise of its former Group Chief Executive Officer, Dr. Herbert Wigwe, on February 9, 2024.

The appointment is subject to the approval of the Central Bank of Nigeria.

Until her recent appointment, Ms. Agbede was the Company’s most senior founding Executive Director in charge of Business Support.

She has nearly three decades of professional experience cutting across banking and business consultancy services.

Ms Agbede commenced her professional career in 1992 at Guaranty Trust Bank and served in various capacities within the Commercial Banking and Operations functions rising to the position of Manager in 2001. She subsequently served as the Chief Executive Officer of JKG Limited, a business consulting outfit in 2003.

Ms. Agbede joined Access Bank Plc (‘the Bank’) in 2003 as an Assistant General Manager and was responsible for managing the Bank’s portfolio of chemical trading companies.

She served as the Bank’s Head, Group Human Resources between 2010 and 2022 and was appointed the Company’s founding Executive Director, Business Support in 2022. She has a track record in successful people integration in business combination and culture transformation.

She holds a Bachelor’s Degree in Mathematics and Statistics from the University of Lagos (1990) and a Masters of Business Administration Degree from Cranfield University UK in 2002. She is a member of the Chartered Institute of Management UK and the Chartered Institute of Personnel Management of Nigeria.

Ms. Agbede has attended several renowned leadership and professional development programmes including the High-Performance Leadership Programme organised by the IMD and the Strategic Talent Management Programme organised by the London Business School.

Commenting on this appointment, Mr. Abubakar Jimoh, the Chairman of the Company said: “The appointment of Ms. Agbede is in alignment with our robust succession planning practices. We are strongly convinced that Ms. Agbede, being the Company’s most Senior Executive with exceptionally rich, professional and leadership experience and understanding of the Access culture, would provide the much-needed leadership to steer the Company towards the attainment of its strategic vision of building a globally connected community and ecosystem, inspired by Africa for the world”.

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Wema Bank Appoints Mr. Yusuf Kazaure and Mr. Segun Opeke to Board of Directors

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Wema Bank- Investorsking

Wema Bank, a leading financial institution in Nigeria, has announced the appointment of Mr. Yusuf Kazaure and Mr. Segun Opeke to its esteemed Board of Directors, effective February 2, 2024.

The appointment, approved by the Central Bank of Nigeria, represents a significant milestone in the bank’s strategic efforts to enhance its leadership team with seasoned professionals from diverse sectors.

Mr. Yusuf Kazaure brings with him a wealth of experience spanning over 35 years across various sectors including architecture, construction, banking, and information and communication technology (ICT).

With a background in architecture from Ahmadu Bello University and an MBA from Oxford University, Mr. Kazaure has held pivotal roles in both the public and private sectors.

His extensive experience in corporate and technology leadership positions him as a valuable addition to Wema Bank’s board.

On the other hand, Mr. Segun Opeke, a seasoned banker with over 35 years of experience, joins the board with a rich background in commercial banking and corporate finance.

Having served in strategic roles at leading Nigerian banks, including Skye Bank and Polaris Bank, Mr. Opeke is renowned for his contributions to business development, corporate finance, and digital transformation initiatives.

The appointment of Mr. Kazaure and Mr. Opeke underscores Wema Bank’s commitment to bolstering its governance structure and fostering innovation in the financial sector.

Their combined expertise and leadership acumen are expected to contribute significantly to the bank’s growth trajectory and strategic objectives.

In a statement issued by Johnson Lebile, the Company Secretary/General Counsel of Wema Bank, the board expressed confidence in the capabilities of the newly appointed directors to steer the bank towards greater heights of success.

The additions to the board reflect Wema Bank’s dedication to maintaining high standards of corporate governance and delivering value to its stakeholders.

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Fidelity Bank Plc Appoints Abolore Solebo as Executive Director, Corporate Banking

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Abolore Solebo

Fidelity Bank Plc has appointed Mr. Abolore Solebo as Executive Director, Corporate Banking Directorate.

The appointment has been approved by the Central Bank of Nigeria and notice of the same was communicated to the Securities and Exchange Commission, Nigeria Deposit Insurance Corporation and Financial Reporting Council of Nigeria.

The appointment is in furtherance of the Bank’s strategic objectives.

The Board is confident that Mr. Abolore Solebo will make significant contributions to the growth and development of the Bank and looks forward to working closely with him to achieve its strategic objectives.

Profile of Abolore Solebo

Abolore Solebo joins the Board of Fidelity Bank Plc with over 24 years of extensive financial services and general management experience in Corporate, Investment, Commercial, Retail and Transaction Banking, EnterpriseWide Risk Management, Corporate Strategy and Consulting in Nigeria and the United Kingdom.

Since joining the Bank in 2008 as a Senior Manager, Abolore has held key positions including Head, Corporate Bank Directorate Analyst Group (2008); Division Head, Upstream (2010); Division Head, Energy & Power/Project Finance (2017) and serves on various Management Committees.

Abolore was Acting Head of the Corporate Bank Directorate from 2021 until his appointment as Executive Director and is the recipient of several performance awards in the Bank.

Before joining the Bank, Abolore worked at Shell International Trading and Shipping Co Ltd, London as a Credit Risk QA Analyst on the Global Credit Initiative Project for its global trading operations between 2007 and 2008.

He began his career as a Trainee Banking Officer at Citizens International Bank Plc in 1999. He later moved to Broad Bank of Nigeria Plc as a Banking Officer in 2002 after which he left for the UK and returned to Nigeria in 2008 to join the Bank.

Aside from being a seasoned corporate banker with experience in various sectors of the economy, he is also an Energy Sector expert. Abolore is a keynote speaker and resource person on Oil and Gas matters in Nigeria and has been involved in multibillion dollar projects/finance transactions.

He holds an MBA from London Business School (UK), an MSc in Financial Management and Economics (Middlesex University, UK) with Distinction, and a BSc in Accounting from Ogun State University.

He has attended executive management and leadership programmes at international business schools including Wharton, University of Pennsylvania and London Business School.

Abolore is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and a member of The Energy Institute UK (Nigeria Branch).

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