As countdown
heightens for the Group Chief Executive Officer of Ecobank Transnational
Incorporated, Mr Thierry Tanoh, on Wednesday, 12 March 2014, a replacement has
been announced, reports DigitalSENSE
Business News.
With the
effect from same date, Mr. Albert Essien, currently Deputy CEO/ Group Executive
Director for Corporate and Investment Bank, would assume the GCEO.
DigitalSENSE Business News
gathered that Mr. Tanoh joined the
Ecobank Group as CEO designate in July 2012 and commenced his executive role in
October 2012 prior to being appointed Group CEO in January 2013.
Whereas, Mr. Albert
Essien has been at Ecobank for over 20 years, rising to the position of Deputy
Group CEO two years ago.
Prior to becoming
Deputy CEO, Mr Essien was the Regional Head for the Anglophone West Africa
(excluding Nigeria) and Eastern and Southern Africa (ESA) regions. He started
his banking career in 1986 with the National Investment Bank in Accra, Ghana
and joined the Corporate Banking Department of Ecobank Ghana in 1990. In 1997,
he became Country Risk Manager.
He was appointed Deputy Managing Director in
2001 and became Managing Director in December 2002. Albert Essien has a degree
in Economics from the University of Ghana and is an alumnus of the Executive
Development Program of INSEAD (France / Singapore).
He is also an honorary
fellow of the Chartered Institute of Bankers, Ghana.
Announcing the
replacement ETI Interim Chairman, André Siaka, revealed to DigitalSENSE Business News
commended the outgoing Mr. Thierry Tanoh for his service to Ecobank.
“We wish him
every success in the future. We believe that Mr Albert Essien has the
experience and knowledge that Ecobank needs to take us forward as we continue
to implement our strategy which is to deliver outstanding customer service, to
improve long-term shareholder value and returns and to be the employer of
choice in our markets,” Siaka said.
Reacting after
his nomination as the new Group CEO Albert Essien noted that he has spent over
20 years with Ecobank and is proud of what have been achieved so far.
“I am
committed to achieving our vision of building a world class pan-African bank
which contributes to the economic development and financial integration of
Africa and to our mission of providing our retail and wholesale customers with
convenient, accessible and reliable financial products and services,” he said.
Remmy Nweke
... Making SENSE of digital revolution!Pix: Albert Essien
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