Ecobank appoints Ayo Adepoju as acting CFO

Ecobank Transnational Incorporated (ETI), the parent company of Ecobank Group, has announced the appointment of Ayo Adepoju, Vice President, Group Finance, as the lender’s acting Chief Financial Officer (CFO).

Adepoju’s appointment follows the resignation of Greg Davis: In a statement made available to the investing public, Ecobank made known that Davis’ resignation is in line with ETI’s established executive succession plan.

A look at Ayo Adepoju’s profile: Ayo Adepoju, over the last two years, worked closely with Greg, while performing the role of Group Head of Business Performance and Analytics for the Group.

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He has worked on the strategic aspects of the financial management of the Group, including close equity investor interaction.

Adepoju has built up significant experience within the Group and has a deep understanding of the underlying drivers of the business across Africa, which are imperative for the next stage of the Group’s growth.

Before Adepoju’s current role as Group Head of Business Performance and Analytics, he was Ecobank’s Group Financial Controller, where he was responsible for financial and regulatory reporting for the Group. Prior to joining Ecobank, he had a career at PricewaterhouseCoopers in London and Lagos as an Assurance Manager.

Adepoju is an Accounting graduate of the University of Lagos, Nigeria, where he earned a Bachelor of Science degree with First Class Honours and has an MBA from Warwick Business School, United Kingdom.  He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) with national overall best prize awards at two consecutive stages of the ICAN examinations. He has attended executive education courses at both the Harvard Business School and the London Business School.

About ETI: Ecobank Transnational Incorporated, through its subsidiaries, provides retail, corporate, and investment banking services in Africa and internationally.

The company operates through Corporate & Investment Banking, Commercial Banking, and Consumer Banking segments.

ETI serves multinationals, regional companies, Governments, and government agencies, financial institutions and international organisations, local corporates, small and medium corporates (SMEs), schools, churches and local non-governmental organisations, and public sector.

It operates 927 branches and offices, and 2,665 ATMs. Ecobank Transnational Incorporated was founded in 1985 and is headquartered in Lomé, Togo.