Ecobank To Announce New CEO For Nigerian Arm August

The board of Ecobank Transnational Incorporated (ETI), on Monday announced to the Nigerian Stock Exchange (NSE), the planned exit of Charles Kie, chief executive of its Nigerian arm.

A statement by Madibinet Cisse, Ecobank Group’s Company Secretary assured that the process of selecting his replacement will be immediately activated by the board and that “the successful candidate will be announced before the end of August.”

Meanwhile, the statement added, that “Kie will continue managing Ecobank Nigeria through the transition period to ensure a smooth handover to his successor.”

He joined Ecobank Group in October 2011 as Chief Operating Officer of the then Ecobank Capital, before being appointed Group Executive and head of the Banking business, responsible for leading the group’s corporate and investment bank business across the 40 countries, 36 of which are in Africa.

From there he was seconded to Ecobank Nigeria.

Prior to joining Ecobank Group, between 1997 and 2008, he was at Citibank, where he rose to the position of CEO of Citigroup West Africa from 2004 and 2008, when he became Group CEO of Togo and later Cote d’Ivoire based Groupe Banque Atlantique, until 2011.

Commenting, Ecobank Group’s chief executive officer, Ade Adeyemi thanked Kie “for his immense contributions to the Group.

“He has certainly laid a strong foundation at Ecobank Nigeria and we wish him well in his future endeavours,” he said.

Also commenting, Kie expressed pride at the achievements of his team, while expressing his appreciation to the board and customers who have always been loyal in their patronage.

“It is their patronage that makes the future brighter,” he stressed, just as John Aboh, the chairman of Ecobank Nigeria board, while also congratulating Kie and his team for the good work, said he looked forward to the bank sustaining and improving on it.

https://investdata.com.ng/2018/07/ecobank-announce-new-ceo-nigerian-arm-august/