Ecobank Transnational Incorporated (ETI), a parent company of the Ecobank Group has announced in a statement on Monday that Awori, 51, takes the reigns with a twenty-five-year long career in the banking industry, having led Absa Bank Plc of Kenya as its chief executive officer and managing director for almost a decade.

Ecobank Group Chairman, Alain Nkontchou, hailed the outgoing CEO, Ayeyemi for steering the bank through challenges, seizing opportunities, and positioning Ecobank for sustainable long-term growth.

“Ade’s deep knowledge, unrivaled 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 CEO,” said Nkontchou.

On the incoming group CEO, the Ecobank group 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 strong focus on results will be vital in steering the Group in its next phase.” He added.

In response to his naming as the Pan African bank’s group CEO, Awori said he is ready to take on the challenge.

“I am humbled by the opportunity to contribute to the continent’s economic development and financial integration with Ecobank Group”

Ecobank operates in 33 African countries including Malawi boasting of over 32 million clients across the continent with a human resource of close to 13 000 offering consumer, commercial and corporate and investment banking services.