Ecobank Transnational Incorporated (ETI) has approved a total dividend payout of $40 million for the 2025 financial year following the adoption of key resolutions at its 38th Annual General Meeting held in Lomé, Togo, on June 3, 2026.
The pan-African banking group announced that shareholders approved the company’s audited financial statements for the year ended December 31, 2025, and granted discharge to the Board of Directors and external auditors for actions taken during the financial year.
According to the resolutions released after the meeting, ETI reported a profit of $114 million for the 2025 financial year. Shareholders approved the distribution of $40 million as dividends on ordinary shares, representing 0.16 U.S. cents per share, while the remaining $74 million will be transferred to retained earnings to support future growth and strengthen the bank’s capital position.
Directors Secure Fresh Terms
Shareholders renewed the mandates of several directors whose terms expired during the year.
The renewed directors include Ecowas Bank for Investment and Development (EBID) representative Dr. George Agyekum, Mr. Simon Dornoo, and Professor Enase Okonedo, all of whom received new three-year mandates extending until the Annual General Meeting that will approve the 2028 financial year accounts.
The AGM also renewed the mandate of Mr. Deepak Malik, nominee of Arise B.V., for a third term ending on the ninth anniversary of his co-option to the Board.
Group Chief Executive Officer, Mr. Jeremy Awori, also secured a renewed three-year mandate, extending his tenure on the Board until the sixth anniversary of his co-option as a director.
New Board Appointment
Shareholders ratified the co-option of Dr. Ayo Adepoju as an Executive Director of the company for a three-year term.
In addition, Mrs. Cathia Lawson Hall was elected to the Board as a Director for a three-year term ending at the Annual General Meeting that will consider the accounts for the 2028 financial year.
External Auditors Appointed
As part of efforts to strengthen corporate governance and oversight, shareholders approved the appointment of Grant Thornton Togo as substantive external auditor for the 2026 financial year.
The AGM also appointed Africa Audit-Services Conseil (2AS-CONSEIL) as alternate external auditor for a five-year term ending at the Annual General Meeting that will approve the company’s 2030 financial year accounts.
Strengthening Shareholder Value
The approval of the dividend payout underscores Ecobank’s commitment to delivering returns to shareholders while maintaining a strong capital base to support its long-term expansion strategy across Africa.
The resolutions adopted at the AGM reflect continued confidence in the bank’s leadership team and governance framework as the lender seeks to deepen its position as one of Africa’s leading financial institutions.
