Following the retirement of Ade Ayeyemi, the Board of Directors of the parent company of pan-African banking group Ecobank, Ecobank Transnational Incorporated has announced the appointment of Jeremy Awori  as its Group CEO.

Ayeyemi, retirement comes after he attained the age of 60, which is in accordance to the group’s  policy.

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

“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.”

Nkontchou continued to say that 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 strong focus on results will be vital in steering the Group in its next phase.

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.

Jeremy Awori is joining Ecobank Group following a 25-year long career in the banking industry, with almost a decade leading Absa Bank Kenya Plc as the CEO & Managing Director.

Before joining Absa, Mr Awori 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.