Ecobank Nigeria appoints new Chair, two Non-Executive Directors

10/11/2021

Ecobank announces three new female board members in line with empowerment drive at Nigeria's seventh largest bank

Photo: Ecobank headquarters in Lagos
Photo: Ecobank headquarters in Lagos

LAGOS, October 11, 2021 (MEDIA RELEASE) -- Ecobank Nigeria's Board of Directors has announced the appointment of three non-executive directors. Mrs Bola Adesola, the bank's new chairperson, is among the new directors, while Mrs Titilayo Olujobi and Mrs Bimbola Wright are non-executive directors.

The new directors, according to the Board, have distinguished themselves in their diverse careers and will contribute a wealth of knowledge in the financial services business, as well as professionalism and ethics, which have garnered them international respect. 

Mrs Adesola, who was appointed after Mr John Aboh retired, is a highly respected professional with over thirty-three (33) years of experience in the financial sector, according to the bank. She possesses great leadership qualities and has effectively led expansion projects in several financial institutions. Mrs Adesola was the Senior Vice-Chairman, Africa, of Standard Chartered Bank when she retired.

She spent the previous eight years as the Managing Director/ Chief Executive Officer of Standard Chartered Nigeria and West Africa, where she was responsible for the bank's West African businesses, which included Ghana, Cote d'Ivoire, The Gambia, Sierra Leone, and Cameroun. Mrs Adesola was also the Chairperson of Standard Chartered Bank Mauritius' Board of Directors and a Director of Standard Chartered Ghana.

"The entire staff and management of Ecobank Nigeria cordially welcome Mrs Bola Adesola and the other new directors to the Board," 

stated Patrick Akinwuntan, managing director of Ecobank Nigeria. We will provide them with our full support in ensuring that the Bank's strategic plans in Nigeria are implemented.

Recall that, Ecobank Nigeria has partnered with Linda Ikeji, a media entrepreneur and blogger, to empower women as part of its empowerment initiatives.

Patrick Akinwuntan, Managing Director of Ecobank Nigeria, said the bank's decision to partner with the "Linda Ikeji Selfmade Woman Conference" was in line with the bank's women's empowerment policy.

In Lagos, Akinwuntan spoke at Ikeji's "2021 Selfmade Woman Conference." He stated that Ecobank recognized women as the bedrock of most families and entrepreneurship in society and that for the country to succeed, it was critical to recognize and support women's unique potential.

Ecobank remains a women-friendly bank, according to Akinwuntan, who was represented by Korede Demola-Adeniyi, the Head of Consumer Banking.

About Ecobank

Incorporated in Lomé, Togo, Ecobank Transnational Incorporated ('ETI') is the parent company of the leading independent pan-African banking group, Ecobank. 

It currently has a presence in 36 African countries, namely: Angola, Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Congo (Brazzaville), Congo (Democratic Republic), Côte d'Ivoire, Equatorial Guinea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Liberia, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Togo, Uganda, Zambia and Zimbabwe. 

The Group employs over 20,000 people in 40 different countries in over 1,200 branches and offices. Ecobank is a full-service bank providing wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organizations, medium, small and micro businesses and individuals. 

Additional information may be found at ecobank.com.