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Following an internal recruitment process, Pan-African banking conglomerate, Ecobank Transnational Incorporated (ETI) has announced the appointment of Josephone Anan-Ankomah as its Group Executive (GE), Commercial Banking with immediate effect.

Anan-Ankomah succeeded Laurence do Rego after she got appointed as the Senior Advisor in the Group CEO’s Office.

The newly-appointed Group Executive, Commercial Banking, will henceforth report to the Group CEO.

Anan-Ankomah holds an MBA in Finance from the University of Ghana and a Bachelor of Arts in Economics and Sociology from the same university. She is also a Fellow of the Association of Chartered Certified Accountants of Ghana.

Prior to Anan-Ankomah’s appointment, she was the Managing Director of Ecobank Gambia. Anan-Ankomah is a well-rounded banker with over 25 years’ experience within Ecobank, having joined Ecobank Ghana in 1992 as a Treasury Officer.

Anan-Ankomah has held different senior positions within the bank, such as Regional Treasurer in several affiliates of the Group, Chief Operating Officer at regional level, Head of Corporate Strategy and Business Development (Ecobank Ghana) and Deputy Head – Investment Banking Group (Ecobank Ghana).

Yves Mayilamene alongside Paul-Harry Aithnard was also appointed.

While Mayilamene was appointed as Eobank’s Group Executive, Human Resources, Aithnard got appointed as Managing Director Côte d’Ivoire & Regional Executive, UEMOA- Designate.

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EIT had released its H1 2018 financial statements for the year ended 30 June 2018.

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The bank reported Gross earnings of ₦384.59 billion for the period ended June 2018 compared to ₦386.82 billion reported for the period ended June 2017. This represents a 1% decrease for the comparative period in 2017.

Profit before tax was ₦ 65.1 billion for the period ended June 2018, a 41% increase from ₦ 46.2 billion reported for the period ended June 2017.

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The company’s profit after tax for the half year ended 30th June 2018 was ₦ 51.6 billion as against ₦37.7 billion recorded in H1 2017.

ETI reported an earnings per share of 167 kobo for the period ended June 2018, compared to 131 kobo reported for the comparative period in 2017.

The Lome-based parent company of the Ecobank Group, was trading at ₦20.50 before closure of market on Monday, August 20, 2018 at the Nigerian Stock Exchange (NSE).

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