The Board of Directors of Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has appointed Ayo Adepoju, the current Group Chief Financial Officer, as Group Executive Director, effective June 4, 2025.
Ayo Adepoju brings nearly two decades of leadership experience and in-depth institutional knowledge to the Board. A long-standing member of the Ecobank Group, his expertise includes financial management, capital markets, strategic planning, treasury, investor relations, governance, and risk-based auditing.
Throughout his tenure, Adepoju has played a central role in driving the Group’s financial transformation and resilience strategy. Since joining Ecobank in 2012, he has served in several senior leadership roles, including Group Financial Controller and Group Head of Business Performance and Analytics.
He has also led numerous strategic initiatives and capital market transactions, including Eurobonds, Basel III-compliant instruments, and sustainability-linked debt—strengthening Ecobank’s global capital markets footprint and deepening investor engagement.
Before joining Ecobank, he worked in the Financial Services Practice at PricewaterhouseCoopers in both London and Lagos.
Commenting on the appointment, Papa Madiaw Ndiaye, Chairman of the Ecobank Group, stated:
“On behalf of my fellow directors, I commend Ayo for his outstanding performance and warmly welcome him to the ETI board. His proven leadership has fostered trusted relationships with the Board and made this appointment both natural and strategic for the Group’s future. I believe that Ayo embodies Ecobank’s renewed talent philosophy, a homegrown leader with global exposure and a compelling track record. His intellect, integrity, and impact-driven leadership have long been evident. His appointment to the Board is a testament to our belief in recognizing and elevating excellence from within.”
Jeremy Awori, Group Chief Executive Officer, added:
“Ayo has played a critical role in strengthening Ecobank’s financial resilience and enabling sustainable business growth. His ability to manage complexity, innovate in financial strategy, align finance with enterprise-wide transformation, and lead collaboratively has made him a critical member of our executive team. I look forward to deepening our partnership as we drive forward our Growth, Transformation and Returns strategy.”
Adepoju holds a First-Class Honours degree from the University of Lagos and is a Fellow of both the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Management Accountants, UK. He also holds an MBA from Warwick Business School and a Ph.D. in Organizational Leadership from Regent University in the United States.
He has completed executive education at Wharton, London Business School, and most recently, the Advanced Management Program at Harvard Business School in 2024. He is a member of the Forbes Finance Council and is a published author and thought leader in finance and strategy.
This appointment underscores Ecobank’s ongoing commitment to cultivating leadership talent and promoting excellence across Africa.
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