The Ecobank Group’s parent company, Ecobank Transnational Incorporated, has announced that Ayo Adepoju, a Nigerian, has been appointed to the board as Group Executive Director.

According to a statement on Friday, the appointment became effective on Wednesday. Before his appointment, Adepoju was the Group Chief Financial Officer.

ETI indicated that Adepoju’s expertise spans financial management, capital markets, strategic planning, capital raising and structuring, treasury management, investor relations, business performance management, governance, enterprise transformation, financial due diligence, internal control, and risk-based audit.

“As a distinguished finance executive, he has been instrumental in shaping the Group’s financial transformation, capital strategy, and long-term resilience. Since joining Ecobank in 2012, he has held several key leadership positions, including Group Financial Controller, Group Head of Business Performance and Analytics, and currently Group CFO.

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Over the years, Ayo has led numerous strategic initiatives, including landmark capital market transactions such as Eurobonds, Basel III-compliant instruments, and sustainability-linked debt. These efforts have significantly enhanced Ecobank’s presence in international capital markets and strengthened transparency and investor engagement,” the statement partly read.

Before joining Ecobank, he worked at PricewaterhouseCoopers in London and Lagos, serving in the Financial Services Practice.

Commenting on the appointment, the Chairman of the Ecobank Group, Papa Madiaw Ndiaye, said, “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.

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