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Home Business News Appointments

Ecobank Transnational confirms Adepoju’s appointment as CFO

Emmanuel Abara BensonbyEmmanuel Abara Benson
3 years ago
in Appointments, Business News, Company News
Ecobank, Ayo Adepoju's appointment, Ecobank Transnational Inc. records 24% increase in Profit After Tax for Q4 2020.
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Ayo Adepoju’s appointment as the Group Chief Financial Officer of Ecobank Transnational Incorporated (ETI) has been confirmed by the company’s board of directors.

This confirmation came three months after he was  appointed the bank’s Acting Chief Financial Officer.

The announcement was made earlier Thursday through a statement signed by the Group Head of Corporate Communications.

The Group Chief Executive Officer, Ade Ayeyemi, whom Adepoju would be reporting directly to, said he is optimistic that ETI’s financials are in the right hands going forward.

“We are pleased to announce Ayo’s appointment as Group Financial Officer. During the period in which he has been performing the role in acting capacity, Ayo has shown clear capacity to lead our finance function. His financial acumen, industry knowledge and industry experience, including playing a key role in our recent inaugural Eurobond issuance, make Ayo very qualified to provide financial leadership and strategic vision to the bank. I warmly congratulate Ayo and look forward to continuing to work with him closely.”

His Professional Career: Adepoju has had more than 15 years professional work experience, a considerable number of which has been spent at Ecobank Transnational Incorporated.

Prior to this time, Adepoju held several high-profile positions, including his role as the Head, Group Financial and Regulatory Reporting. Between August 2012 and June 2015. He held this role until he was promoted to the position of Vice President in charge of Group Finance in July 2015.

He has also had stints at both PriceWaterhouseCoopers Nigeria and PriceWaterhouseCoopers United Kingdom where he served  as manager between 2005 and 2012.

He graduated with a First Class degree in Accounting from the University of Lagos. He also  studied at the Warwick Business School and Harvard Business School.

Adepoju is also a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).

[READ: Ecobank taps into international capital market to raise $50 million Eurobonds]

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Tags: Ade AdepojuEcobank Transnational IncorporatedEcobank's Group CFO

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