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HomeBusinessEcobank Nigeria appoints ex-Stanchart CEO, Bola Adesola board chairman

Ecobank Nigeria appoints ex-Stanchart CEO, Bola Adesola board chairman

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Ecobank Nigeria has announced the appointment of Bola Adesola, the immediate past Senior Vice Chairman, Africa, Standard Chartered as it chairman of its board.

In a statement on Wednesday, the lender also appointed two other non-executive directors, Titilayo Olujobi and Bimbola Wright to it boad.

According to the Board, the new Directors have distinguished themselves in their various careers bringing with them a wealth of experience in the financial services industry, their professionalism and integrity, that has earned them international respect.

Adesola was appointed as the Chairman of the Board, following the end of tenure of John Aboh.

A highly respected professional with over thirty-three (33) years of experience in the banking sector. She has commendable leadership qualities and successfully driven expansion initiatives in several banks.

Adesola retired from Standard Chartered Bank as the Senior Vice-Chairman, Africa. Prior to this role, she was the Managing Director/ Chief Executive Officer for Standard Chartered Nigeria and West Africa for eight years with oversight over the bank’s West African subsidiaries, including Ghana, Cote D’Ivoire,

The Gambia, Sierra Leone, and Cameroun. Adesola was also the Chairperson of the Board of Standard Chartered Bank Mauritius and a Director at Standard Chartered, Ghana.

Adesola had also served as an Executive Director, Corporate Banking and Executive Director Lagos Directorate at First Bank of Nigeria Plc; Managing Director, Kakawa Discount House, Nigeria.

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An alumnus of Harvard Business School and Lagos Business School, she also holds a Law degree from the University of Buckingham, UK and is an Associate of the Chartered Institute of Arbitrators, U.K and Nigeria amongst others.

Commenting on her appointment as Director and Chairman of the Board, Adesola said; “I am honoured to be appointed as Chairman of the Board of Ecobank Nigeria.

“I am familiar with the brand and the proud history that is built on strong foundation across the African continent and indeed globally. I look forward to working with the other members of the Board and Executive team as we continue our journey to be top in the Nigerian market, by setting the standards in financial services for our customers.

“I would also like to express my thanks to my predecessor, John Aboh, a consummate and respected banker for a very successful tenure and wish him all the best for the future.”

In his comment, Managing Director, Ecobank Nigeria said; “The entire staff and Management of Ecobank Nigeria warmly welcome Mrs. Bola Adesola and the other new directors to the Board.

“We will give them our full support in ensuring the actualization of the Bank’s strategic plans in Nigeria. I also thank Mr. John Aboh who recently retired from the Board after successfully completing his tenure of office.

“Under his tenure as Chairman of the Board, the Bank made remarkable progress in growing its market share and repositioning Ecobank Nigeria for leadership in the Nigerian financial services sector”.

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