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Ecobank appoints Awori as new GCEO, as Adeyemi prepares to retire

Jeremy Awori

The Board of Directors of Ecobank Group has announced the appointment of Jeremy Awori to succeed Ade Ayeyemi as the new Group Chief Executive Officer (GCEO).

In a statement yesterday, Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, said the incumbent GCEO Ayeyemi, will retire after he attains the age of 60, in accordance with ETI policy.

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

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 on-board Jeremy Awori as the new Group CEO.”

For Awori, the Chairman said: “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.”

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.

On his part, Ayeyemi expressed his deep gratitude for the opportunity to lead the Ecobank Group, saying: “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 on-boarding of his successor.

Similarly, the incoming GCEO, Awori, 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 Alain Nkontchou, Ecobank Group Chairman full of talented people while innovating to create value for all of Ecobank’s stakeholders. I am humbled by the opportunity to contribute to the continent’s economic development and financial integration with Ecobank Group”

Awori joins Ecobank Group with a 25 years 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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