Jeremy Awori was the former CEO of Absa Bank Kenya
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, today officially announced the appointment of former Absa Bank Kenya CEO, Jeremy Awori as the new CEO of the pan-African lender.
In a statement, the lender also announced that the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age of 60, in accordance with ETI policy.
The Board of Directors selected Jeremy Awori to succeed Ade Ayeyemi as Group Chief Executive Officer. The relevant effective dates will be communicated in due course.
Alain Nkontchou, Ecobank Group Chairman, thanked Ade for his immense contribution during
his seven years at the helm of the Ecobank Group as Group CEO. He added that, “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
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“Jeremy 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 a strong focus
on results will be vital in steering the Group in its next phase” Alain Nkontchou stated.
Ade Ayeyemi expressed his deep gratitude for the opportunity to lead the Ecobank Group and
stated: “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 also
expressed his commitment to a smooth transition and onboarding of his successor.
The incoming Group CEO, Jeremy Awori, responding to the announcement of his appointment
said: “It is a great honour to be appointed Ecobank Group’s Chief Executive Officer. I look forward
to consolidating the transformation of Ecobank, a truly pan-African institution full of talented
people, while innovating to create value for all Ecobank’s stakeholders. I am humbled by the
opportunity to contribute to the continent’s economic development and financial integration with
Jeremy Awori is joining Ecobank Group following a twenty-five-year long career in the banking
industry, with almost a decade leading Absa Bank Kenya Plc as the CEO & Managing Director.
Before joining Absa, Jeremy 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.
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