ETI Announces the Resignation of Mr Charles Kie as Ecobank Nigeria Managing Director

People
1826 VIEWS
Proshare - Facebook Proshare - Twitter Proshare - Google+ Proshare - Linked In Proshare - WhatsApp
Proshare

Tuesday, July 10, 2018 10:05AM / NSE

 

Ecobank Transnational Incorporated, ETI, the Lome-based parent company of the Ecobank Group, today announced that Mr. Charles Kie has formally indicated his intention to leave the Group and consequently his role as Managing Director of Ecobank Nigeria Limited. 

Prior to his current role at Ecobank Nigeria, Mr. Kie was the Group Executive, Corporate and Investment Bank for Ecobank Transnational Incorporated (ETI), responsible for leading the Ecobank Group’s Corporate and Investment Banking business across the global network of 40 countries, 36 of which are in Africa. He joined Ecobank in October 2011 as Chief Operating Officer of the then Ecobank Capital, and was subsequently appointed the Head of the Group’s Corporate Banking business. 

Before joining the Ecobank Group, between 2008-2011, Mr. Kie was Group CEO of Groupe Banque Atlantique, based in Togo and then Cote d’Ivoire. Mr. Kie also had a successful career with Citibank between 1997 and 2008, rising to the position of CEO of Citigroup West Africa between 2004 and 2008. 

The Group’s Chief Executive Officer, Mr Ade Ayeyemi, said: “As Charles prepares to leave the Ecobank Group, I would like to thank him for his immense contributions to the Group. He has certainly laid a strong foundation at Ecobank Nigeria and we wish him well in his future endeavours.” 

Mr Kie said: “I am proud of what the team and I have achieved together, and I thank them for the good work and their unwavering commitment to Ecobank. I also extend my sincere appreciation to the Board. Despite some of the market challenges that we faced over the years, our customers have always been loyal, and it is their patronage that makes the future brighter.” The Chairman of the Board of Ecobank Nigeria, Mr John Aboh, also congratulated Mr Kie for the good work he and his team has achieved, and said he looked forward to the Bank sustaining and improving on this. 

The Board will immediately activate the process of selecting a successor. The successful candidate will be announced before the end of August. Mr Kie will continue to manage Ecobank Nigeria through the transition period to ensure a smooth handover to his successor.

 

Related News

1.       ETI Mandates 3 Banks as Joint Book Runners to Arrange Fixed-Income Investor Meetings

2.      ETI Announces the Retirement of Ms Dolika Banda from Its Board

3.      ETI Declares N27.75bn PAT in Q1'18 Results,(SP:N19.50k)

4.      Ecobank Mobile App Reaches 4 Million Users Milestone In Africa

5.      ETI Declares N57.76 bn PAT in Q3'17 Results,(SP:N17.00k)

6.      Ecobank Nigeria Ltd Outlook Revised To Stable On Group Support; 'B-B' Ratings Affirmed

7.      ETI Releases Update on the $400m Convertible Bond Issue

8.     ETI Signs $250m Senior Unsecured Loan Facility

9.      ETI Records 21.4% Growth in PAT in Q2'17 Results,(SP:N17.99k)

10.  Ecobank Unveils “World Class” Premier Banking Lounge in Port Harcourt

11.   ETI Appoints Mr. Eric Odhiambo as Its New Chief Risk Officer and Group Head, Risk Management

12.  ETI Announces the Co-option of Mr Greg Davis to its Board of Directors

13.  ETI Declares N18.68bn PAT in Q1'17 Results,(SP:N7.8k)

 

READ MORE:
Related News
SCROLL TO TOP