Ecobank Transnational Incorporated, the parent company of the Ecobank Group, has said the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age of 60, in accordance with ETI policy.
It said in a statement that the board of directors selected Jeremy Awori to succeed Ayeyemi as group chief executive officer and would communicate the effective dates later.
Ecobank Group Chairman, Alain Nkontchou, thanked 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, unrivalled 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.