ETI’s chairman lauds appointment of Ayeyemi as GCEO

EcobankEcobank Group’s Chairman, Emmanuel Ikhazoboh, has lauded the recent appointment of Ade Ayeyemi as the group’s new Chief Executive Officer with effect from September 1.

According to him, Ayeyemi’s appointment was effected “after a thorough and extensive search throughout the African continent”.

Describing Ayeyemi as “a truly outstanding individual with deep knowledge of banking across Africa” the chairman expressed delight that ETI was able to secure his services “as the person to lead Ecobank through the next phase of its development and beyond as a world-class pan-African bank.”

Ikhazoboh thanked the outgoing GCEO, Essien, for “his 25-year career at Ecobank and for his stellar service as Group Chief Executive Officer over the past year. We wish him well in his retirement.”

Ecobank Transnational Incorporated (ETI)-parent company of the Ecobank Group had earlier in the week announced the appointment of Ade Ayeyemi as its new Group Chief Executive Officer (GCEO), with effect from September 1.

Fifty two year old Ayeyemi will succeed Albert Essien, who will retire at the end of June, after having been in the service of the group for 25 years.

The office of the GCEO will be operated under an interim arrangement by the Ecobank board during the period of July 1 through August 31, pending the resumption of the new helmsman.

Ayeyemi expressed delight to have been offered the opportunity to lead the organisation and commended Essien for his legacy work of helping to further the fortunes of the premier pan-African financial institution.

“Ecobank has an exceptional platform, great people, solid strategy and strong momentum. I sincerely look forward to working with the management team, the Board of Directors, and the employees of Ecobank as we set new standards in financial services for our clients across the board,” he said.

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