Former Absa CEO Jeremy Awori Replace Ade Ayeyemi At Eco Bank

“It is 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.” Awori responded to the announcement of his appointment as the next EcoBank CEO.

The outgoing Absa CEO who has served the bank for ten years on a permanent contract moved to replace CEO EcoBank Ade Ayeyemi who is set to retire October after attaining the age of 60 in accordance with the bank’s policy.

Ade Ayeyemi served for seven years with commitment and intelligence the Lome-based lender which owns operations in 35 African countries with asset base worth Sh3.3 trillion ($27.5 billion) and more than 32 million customers across the continent. In his goodbye bid he said, “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.”

In a statement issued on Monday by EcoBank, The Board of Directors expressed satisfaction from Jeremy having achieved significant commercial milestones over the past decade including the rebranding of the lender at Absa.

“Jeremy Awori is a highly respected leader in the banking industry with significant achievements in his previous capacities. The Board of Directors strongly believes that his drive and a strong focus on results will be vital in steering the Group in its next phase,” Ecobank Group chairman wrote.