Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, the leading pan-African banking group, has announced, on March 2, that kenyan Jeremy Awori has officially assumed his role as Chief Executive Officer of the Ecobank Group. He takes over from Ade Ayeyemi and was appointed on September 2022.
Jeremy Awori 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.
Jeremy Awori, commenting on his new role, said: “It’s a fantastic opportunity to take Ecobank to the next level of its growth strategy. Despite current global challenges, Africa offers promising prospects. Ecobank is uniquely positioned to provide systematic change across the banking sector at a pan-African level, using the geographic footprint it has already established. Through our single gateway platform, we are well-positioned to provide the necessary financial products and solutions for countries, corporates, and SMEs to capitalise on the continent’s vast resource, trade and investment opportunities. We also provide relevant, accessible, and affordable financial services that address the evolving needs of a vibrant, youthful, and entrepreneurial continent. Ecobank’s brand and heritage continue to be a source of pride.”“Through our single gateway platform, we are well-positioned to provide the necessary financial products and solutions for countries, corporates, and SMEs to capitalize on the continent’s vast resource, trade and investment opportunities. We also provide relevant, accessible, and affordable financial services that address the evolving needs of a vibrant, youthful, and entrepreneurial continent. Ecobank’s brand and heritage, continue to be a source of pride” .
Alain Nkontchou, Ecobank Group Chairman, added: “Jeremy Awori’s exceptional and proven qualities as a result-oriented effective leader with an extensive knowledge of the African banking landscape, make him the ideal choice to steer the growth of the Ecobank Group through the current era of rapid global and continental changes” .
Over 25 years in the international financial industry
Following a distinguished career of over 25 years in the financial industry, Jeremy Awori is the new Chief Executive Officer of the Ecobank Group. He assumed this role on 1st March 2023.
Prior to joining Ecobank, Jeremy served in leadership roles including Managing Director and Chief Executive Officer of Absa Bank Kenya, and senior roles at Standard Chartered in various countries and regions across the Middle East, South Asia and Africa.
Jeremy served as the former Chairman of the Kenya Bankers Association and was a former board member of the Kenya Private Sector Alliance (KEPSA). He is also a Board Member of the United Nations Global Compact Network Kenya.
Various prestigious awards
Jeremy has received various prestigious awards in recognition of his outstanding achievements. These include being named one of the top two business leaders on the continent at the All-Africa Business Leaders Awards (AABLA), as well as Top CEO Impacting Business in East Africa by Business Monthly magazine three consecutive years (2020 to 2022). He is a Fellow of both the Aspen Global Leadership Institute and African Leadership Initiative.
Driving the gender agenda
Jeremy is passionate about driving the gender agenda in business and organisations. He was also appointed by the President of Kenya to serve as a board member and lead fundraiser of the Kenya Emergency Covid-19 Fund, to steer the private sector response to the Covid-19 pandemic.
Jeremy has an MBA from McGill University and a BSc in Pharmacy from Manchester University.
The leading private pan-African banking group
Ecobank Group is the leading private pan-African banking group. Present in 35 sub-Saharan African countries, as well as France, the UK, UAE and China, its unique pan-African platform provides a single gateway for payments, cash management, trade and investment. The Group employs over 13,000 people and offers Consumer, Commercial, Corporate and Investment Banking products, services and solutions across multiple channels, including digital, to over 32 million customers.
