Ecobank Transnational Incorporated (ETI) has appointed Emmanuel Ikazoboh as the Group\u2019s new Chairman.<\/p>\n
The decision was arrived yesterday at the Annual General Meeting (AGM) of ETI held at the Group headquarters in Lom\u00e9 yesterday.<\/p>\n
Emmanuel Ikazoboh is an accountant with over 35 years experience in international business management and corporate advisory roles in both the private and public sectors.<\/p>\n
He spent most of his career with Deloitte in West and Central Africa.<\/p>\n
Addressing shareholders at the AGM, the outgoing Interim Chairman, Mr. Andr\u00e9 Siaka said \u201cThe Board is committed to establishing the highest standards of corporate governance. We will learn from the recent past, address all of the issues and lay firm foundations for Ecobank\u2019s continued success in the future.\u201d<\/p>\n
Meanwhile according to the bank in accordance with the Governance Action Plan approved at its Extraordinary General Meeting in March this year, there has been a significant reorganization of the Group\u2019s Board of Directors.<\/p>\n
The new Board comprises three executive directors, Group CEO, Mr. Albert Essien, Deputy Group CEO and Group COO, Mrs. Evelyne Tall-Daouda, and Mrs. Laurence do Rego, Executive Director, Finance and nine Non-Executive Directors.<\/p>\n
In addition to the Group Chairman, the Non-Executive Directors include, Mr. Andr\u00e9 Siaka, representing shareholders in CEMAC, Dr. Adesegun Akinjuwon Akin-Olugbade, representing Nigeria and Anglophone minority shareholders, Mr. Andr\u00e9 Bobo\u00e9 Bayala, representing UEMOA and Francophone minority shareholders, Mr. Tei Mante, representing WAMZ, Mr. Kadita Tshibaka, representing the IFC, Mr. Hewett Adegboyega Benson, representing AMCON, Mr. Bashir Mamman Ifo, representing EBID, and Dr. Daniel Matjila, representing the Public Investment Corporation (\u201cPIC\u201d).<\/p>\n
Messrs. Sena Agbayissah, Kwasi A. Boatin, Assad Jabre and Sipho Mseleku have retired as Directors.<\/p>\n
Reviewing Ecobank\u2019s 2013 financial results, Group Chief Executive, Albert Essien, said: \u201cThe fundamentals of our business are strong and I am excited by the huge potential of our unique platform. However, I will not shy away from key areas that need to be addressed, including improving our profitability by driving efficiency across our entire network. Our performance in the first quarter of 2014 has been significantly ahead of the equivalent period last year, which gives the Board confidence regarding Ecobank\u2019s prospects for the year as a whole.\u201d<\/p>\n
By: \u00a0Vivian Kai Mensah\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
Ecobank Transnational Incorporated (ETI) has appointed Emmanuel Ikazoboh as the Group\u2019s new Chairman. The decision was arrived yesterday at the Annual General Meeting (AGM) of ETI held at the Group headquarters in Lom\u00e9 yesterday. Emmanuel Ikazoboh is an accountant with over 35 years experience in international business management and corporate advisory roles in both the […]<\/p>\n","protected":false},"author":14,"featured_media":29532,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[19],"tags":[4],"yoast_head":"\n