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Home People Appointments

ETI announces two new appointments and changes on its board

Ruth Okwumbu-Imafidon by Ruth Okwumbu-Imafidon
March 18, 2020
in Appointments, Business News
Ecobank appoints new directors
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Ecobank Transnational Incorporated, ETI, the Lome-based parent company of the Ecobank Group, announces two new appointments and changes on its Board of Directors. Dr Georges Agyekum Nana Donkor has been appointed as a Non-Executive Director to replace Mr Bashir Mamman Ifo as the representative of ECOWAS Bank for Investment & Development (EBID) on the Board of ETI.

Dr Donkor was recently appointed President of EBID following the retirement of his predecessor Mr Bashir Ifo. Dr Donkor is a Lawyer, Banker and Marketing Consultant with over twenty-five years’ experience in Senior Management capacities across several fields such as Finance, Strategic Management, Marketing, Legal, Compliance and Administration.

London Stock Exchange- Ecobank Transnatonal

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The Board also announced the appointment of Mrs Zanele Monnakgotla as a Non-Executive Director and nominee of the Public Investment Corporation (PIC) of South Africa on the Board. Mrs Monnakgotla has over 20 years’ public and private sector experience in Structured Finance and Strategy. She is replacing Dr Daniel Matjila who resigned from the ETI Board when he left his role as Chief Executive Officer of PIC.

Mr Emmanuel Ikazoboh, Chairman of the Board of ETI, commenting on the changes said, “We must first of all, sincerely express our appreciation to Mr Ifo and Dr Matjila for their contributions on the Board and their tireless dedication to the Ecobank Group. We know that they will always remain members of the Ecobank family.

(READ MORE: SEC to enforce new measures in capital market)

“As we formally bid them farewell, do warmly welcome, both Dr Donkor and Mrs Monnakgotla and believe that their respective expertise would be most beneficial to the Board.”


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Tags: Dr Georges Agyekum Nana DonkorEco BankEcobank Transnational IncorporatedMrs Zanele MonnakgotlaSEC
Ruth Okwumbu-Imafidon

Ruth Okwumbu-Imafidon

Ruth Okwumbu has a MSc. and BSc. in Mass Communication from the University of Nigeria, Nsukka, and Delta state university respectively. Prior to her role as analyst at Nairametrics, she had a progressive six year writing career. As a Business Analyst with Narametrics, she focuses on profiles of top business executives, founders, startups and the drama surrounding their successes and challenges. You may contact her via ruth.okwumbu@nairametrics.ng

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