Ecobank Group Appoints Awori As CEO, Ayeyemi Retires

Ecobank Transnational Incorporated, ETI, the parent company of the Ecobank Group, today in Lome, Togo, announced the appointment of Jeremy Awori as the new Chief Executive Officer of the Group.

Jeremy Awori,
New Ecobank Group CEO

He will take over from Ade Ayeyemi who will retire as Group CEO after he attains the age of 60, in accordance with ETI policy. The relevant effective dates will be communicated in due course.

Ecobank Group Chairman, Alain Nkontchou, thanked Mr. Ayeyemi for his immense contribution during his seven years at the helm of the Ecobank Group as Group CEO.

He said: “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, unrivaled vision, commitment and infinite passion made all the difference. It has been a real pleasure working with him. I count on his continuous support to ensure a smooth transition as we onboard Jeremy Awori as the new Group CEO.

The Chairman stated that Jeremy Awori is a highly respected leader in the banking industry with significant achievements in his previous capacities, saying that 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.

On his part, Ade Ayeyemi expressed his deep gratitude for the opportunity to lead the Ecobank Group. “It is a privilege to lead an amazing team of Ecobankers in bringing the Ecobank Group back to growth and continuing to realise our commendable pan-African mandate”, he said, stressing that he was committed to a smooth transition and onboarding of his successor.

Ade Ayeyemi
Outgoing Ecobank Group CEO

While responding to the announcement of his appointment, the incoming Group CEO, Mr. Jeremy Awori, said: it was 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 Ecobank’s stakeholders. I am humbled by the opportunity to contribute to the continent’s economic development and financial integration with Ecobank Group”, he concluded.

Awori is joining Ecobank Group after a twenty-five-year long career in the banking industry, with almost a decade leading Absa Bank Kenya Plc as Managing Director & CEO.

Before joining Absa, he 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.

 

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