Shareholders of Ecobank Transnational Incorporated (ETI) approved a dividend of $28 million, or $0.11 per share, at their general meeting in Lomé, Togo, on Wednesday, May 17. The dividend level for this year represents a 32.25% decrease compared to the previous year. The new CEO attributed the company’s robust performance to its diversified business model, expertise in the digital field, innovative approaches, and operational efficiency. During an extraordinary meeting following the ordinary general meeting, shareholders authorized the executive management to mobilize $500 million in 2023 to strengthen the institution’s sustainable resources.
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Ghana: Ecobank partnering with Ghana Post
Ecobank Ghana has partnered with Ghana Post to use some of its offices as agency versions of the bank, allowing customers to carry out banking transactions, as if they were in any branch. 78 Ghana Post offices have been selected for the program so far, with an additional 22 expected to be added soon. Ecobank Ghana has provided GH¢1m ($169,000) as working capital to Ghana Post to begin the programme. This partnership is aimed at deepening banking penetration and promoting financial inclusion.
Categories: Banks -
Togo: Ecobank appoints new CEO
Jeremy Awori has been appointed as the new CEO of Ecobank Group, replacing Ade Ayeyemi who had been in the role for six years. He brings with him over 25 years of experience in the banking industry, including close to a decade serving as CEO and Managing Director of Absa Bank Kenya Plc. Prior to joining Absa, Jeremy served in leadership roles at Standard Chartered Bank across the Middle East and Africa.
Categories: Banks -
Ecobank appoints new exec for Central, Eastern and Southern Africa
Ecobank Transnational has appointed Josephine Anan-Ankomah as the new Regional Executive for Central, Eastern and Southern Africa, and Managing Director of Ecobank Kenya. She succeeds Cheikh Travaly who retired at the end of 2022. Josephine has been with Ecobank for 30 years in various capacities, most recently as Group Executive, Commercial Banking. She holds an MBA in Finance and a Bachelor of Arts in Economics and Sociology. She is expected to lead and grow the bank’s business in Kenya and the wider CESA region, which comprises 18 of the 33 Ecobank affiliates and one representative office.
Categories: Banks -
Ecobank Group was declared “Best Employer in Africa 2022” by the organization “Best Company”. The award recognizes the group’s commitment to promoting diversity and inclusiveness in the workplace, as well as its focus on employee training and development. Ecobank has operations in 36 African countries and employs over 15,000 people.
Categories: BanksTags: Ecobank