Ecobank Appoints Ayo Adepoju as Group Executive Director

Company - People | Jun 05, 2025 | Zawya

Ecobank Appoints Ayo Adepoju as Group Executive Director

Ecobank Transnational Incorporated, the parent company of Ecobank Group, has announced the appointment of Ayo Adepoju, currently the Group Chief Financial Officer, as a Group Executive Director effective June 4, 2025. With twenty years of experience, Adepoju has played a pivotal role in Ecobank's financial strategy and transformation initiatives. His appointment is expected to bolster the group's capital strategy and long-term resilience. Adepoju's extensive background includes significant capital market transactions and leadership in various financial strategies, making his addition to the board both strategic and natural. His appointment was endorsed by Ecobank's Chairman, Papa Madiaw Ndiaye, and Group CEO, Jeremy Awori, emphasizing Adepoju's critical role in strengthening the bank's financial resilience and fostering sustainable business growth. The move aligns with Ecobank's focus on promoting leadership from within and leveraging Adepoju's expertise to drive growth and transformation.

Sectors

  • Banking and Financial Services

Geography

  • Africa – Ecobank Group operates in 35 sub-Saharan African countries, making the continent a primary geographical focus of the article.
  • United States – Ayo Adepoju completed his Ph.D. in Organizational Leadership at Regent University in the USA, and the article mentions the company’s presence in the US market.
  • United Kingdom – Ecobank has presence in the UK, and Ayo Adepoju has professional ties to the region through his previous role at PwC in London.

Industry

  • Banking and Financial Services – The article involves Ecobank Group, a leading pan-African bank providing consumer, commercial, corporate, and investment banking services across multiple regions.

Financials

    Participants

    NameRoleTypeDescription
    Ecobank Transnational IncorporatedCompanyTarget CompanyA leading pan-African banking group with operations in 35 countries, focusing on a wide range of financial services.
    Ayo AdepojuPersonGroup Executive DirectorCurrently serving as the Group CFO at Ecobank, Ayo Adepoju will assume the role of Group Executive Director. He has broad experience in finance and leadership within the organization.
    Papa Madiaw NdiayePersonChairmanChairman of the Ecobank Group, endorsing the appointment of Ayo Adepoju to the board.
    Jeremy AworiPersonGroup CEOGroup CEO of Ecobank, who commends Ayo Adepoju for his role in enhancing the bank's financial resilience.