Jeremy Awori appointed Ecobank CEO
By Peter Ochieng
Outgoing Absa Bank Group Chief Executive Officer (CEO) Jeremy Awori has landed a similar role at Ecobank Group.
Awori is expected to leave Absa Bank at the end of September 2022, before taking over at Ecobank.
Ecobank is owned by Ecobank Transnational Incorporated (ETI). A press release seen by Nairobi Review confirmed Awori’s appointment.
“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,” said Ecobank Group Chairman Alain Nkontchou.
Reacting to his appointment, Awori said it was an honour.
“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,” said Awori.
He added, “I am humbled by the opportunity to contribute to the continent’s economic development and financial integration with Ecobank Group.”
He will take over from Ade Ayeyemi who has been at the helm for the last seven years. He is retiring after attaining the age of 60 years, in accordance with ETI policy.
Awori has had a 25-year-stellar journey in the banking industry, with almost 10 years leading Absa Bank Kenya as the CEO and Managing Director.
Before joining Absa, he held multiple leadership roles at Standard Chartered Bank across the Middle East and Africa.
On the banking table, he brings a wealth of experience, skills and industry know-how.