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Thursday, 30 July 2015

Ecobank Nigeria announces board shakeup

The Board of Ecobank Nigeria has elected Mr. John Oche Aboh as its new Chairman. Mr. Aboh who was recently appointed to the Board as a Non-Executive Director, brings with him a wealth of Experience in Management in the Financial Services Industry, professionalism and integrity that has earned him global respect.

 Mr. Aboh has over 30 years work experience in the banking industry; working at senior management and Board levels in large Nigerian banks, such as Citibank, UBA, Wema Bank, First Bank of Nigeria and former Oceanic Bank International.  He holds a B.Sc in Finance from the University of Nigeria, Nsukka, an MBA from the University of Jos and an AMP from the Harvard University, Boston Massachusetts.

Mr. Aboh replaces The Olor’ogun Sonny F. Kuku, OFR who recently retired from the Board after over 11 years, five of which was as Chairman. Olor’ogun Kuku is one of the founding members of the Ecobank Group.  Under his tenure as Chairman of the Board, the Bank made remarkable progress in growing its market share by rising from the number 13 industry position in 2010 to Number six in 2015.  He is leaving the Board on a solid footing as one of the leading banks in Nigeria.

Also Mallam Garba Imam has being appointed as a Non-Executive Director of the bank.  Mallam Imam has extensive banking experience having served in different capacities in several banks, including NAL Merchant Bank, Sterling Bank and Enterprise Bank. He is a Fellow, Chartered Institute of Management, UK. Fellow, Institute of Credit Administrators, Honorary Senior Member, Chartered Institute of Bankers, Member, Institute of Directors and a Member of Bank Directors Association of Nigeria.  Mallam Garba Imam holds a B.S.C(Hons) Degree in Sociology and also a Masters of Social Science from Brimingham University United Kingdom.


Other Changes in the Board include the retirement of Alhaji Muazu Anache and Mr. Orikolade Karim.  Alhaji Anache a pioneer investor in the Ecobank Group is retiring as a Non-executive Director after nine years of dedicated service and commitment to the ideals of Ecobank. Mr. Orikolade Karim resigned from the Board after 5 years as a Non-Executive Director.  Both gentlemen contributed in no small measure to the growth of the Bank.

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