Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, the first pan-African banking group, has a new boss. Through a press release made public on March 2, 2023, the bank announced the appointment of Jeremy Awori as Group Chief Executive Officer.
With more than 25 years of experience in the banking sector, including almost ten years as Managing Director of Absa Bank Kenya Plc, Jeremy Awori now takes the reins of the Ecobank Group’s general management. Speaking about his new role, Jeremy Awori said: “This is a fantastic opportunity to lead Ecobank to the next stage of its growth strategy. Africa offers promising prospects. Ecobank is uniquely positioned to bring about systematic change in banking at a pan-African level, building on the geographic footprint it has already established.” Seizing the opportunity, he expressed his pride in belonging to the banking institution which has positioned itself well in the banking landscape with services to facilitate people’s daily lives. “Through our unique platform, we are well positioned to offer financial products and solutions to countries, large corporations and SMEs to take advantage of the countless resources available on the continent, and diverse trade and investment opportunities. . We also provide relevant, accessible and affordable financial services that meet the changing needs of a dynamic, young and enterprising continent. Ecobank’s brand and heritage continue to be a source of pride,” concluded Jeremy Awori. For his part, Alain Nkontchou, Chairman of the Board of Directors of the Ecobank Group, made it his duty to specify the reasons which militated in favor of the appointment of the new CEO. “The exceptional and proven qualities of Jeremy Awori, an effective results-oriented leader with in-depth knowledge of the African banking landscape, make him the ideal choice to lead the growth of Ecobank Group in the current era marked by rapid changes globally and continentally,” he said. The Group Chairman also indicated that Jeremy Awori has the full support of the ETI Board. It should be noted that before joining Absa, the new CEO held management positions at Standard Chartered Bank in the Middle East and Africa. Jeremy Awori’s extensive expertise, skills and know-how in the banking sector are a valuable asset to the Ecobank Group.
About Ecobank Group (also ‘Ecobank Transnational Incorporated’ or ‘ETI’)
The Ecobank Group is the premier pan-African private sector banking group, with unparalleled African expertise. It is present in 35 countries in sub-Saharan Africa, as well as in France, the United Kingdom, the United Arab Emirates and China. Its unique pan-African network provides a unified platform for payments, cash management, trade and investments. The Ecobank Group employs over 13,000 people serving more than 32 million customers and offers a full range of products, services and solutions from Retail Banking, Commercial Banking and Corporate and Investment Banking across multiple channels, including digital.
S.T.