Africa’s Ecobank Group names Jeremy Awori as CEO
Ecobank Transnational Incorporated (ETI), the parent company of pan-African banking group Ecobank, has named Jeremy Awori as CEO of the Ecobank Group.
Awori brings more than 25 years of banking industry experience to the leadership role, Ecobank says, including almost a decade as CEO and managing director of Absa Bank Kenya.
Prior to Absa, Awori held leadership roles at Standard Chartered across the Middle East and Africa.
As CEO, Awori says he intends to take Ecobank to the “next level” of its growth strategy and provide “systematic change across the banking sector at a pan-African level”.
“Despite current global challenges, Africa offers promising prospects,” Awori says, with Ecobank’s “single gateway” well-placed to provide financial services to countries, corporates and small and medium-sized enterprises (SMEs) that wish to capitalise on the continent’s “vast resource, trade and investment opportunities”.
Ecobank group chair Alain Nkontchou says Awori is a “result-oriented” leader with extensive knowledge of the African banking landscape. These qualities “make him the ideal choice to steer the growth of the Ecobank Group through the current era of rapid global and continental changes”.
Last August, Ecobank launched the Ecobank Fintech Challenge, giving successful applicants the opportunity to partner and scale their solutions across Ecobank’s 35 African markets.
Ecobank provides a single gateway for payments, cash management, trade and investment. Employing over 13,000 people, the group offers commercial, consumer and investment banking products to over 32 million customers.