Ecobank Group CFO resigns

E cobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced the resignation of its Chief Financial Officer (CFO), Greg Davis.

In a statement, it said the CFO was leaving to enable him spend more time with his young family in the United Kingdom.

The bank’s directors have accepted Davis’ resignation.

They have appointed its Vice President, Group Finance Ayo Adepoju as acting CFO.

Praising Davis, bank’s Group CEO, Ade Ayeyemi, said: “Greg and I have worked very closely together, and I have great admiration for his well-grounded financial acumen, sound judgment and focused commitment and dedication to Ecobank. His strong financial management skills have played a key role in the execution of our Roadmap to Leadership strategy. I am sad to see him leave but recognise the importance of family life and he has my very best wishes for his next challenge. The Board has every confidence in Ayo Adepoju stepping into his new role and he has our full support.”

Adepoju was the Group Head of Business Performance and Analytics and Ecobank’s Group Financial Controller.

Prior to joining Ecobank, he worked at PricewaterhouseCoopers in London and Lagos as an Assurance Manager in the financial services practice.

Adepoju, an Accounting graduate of the University of Lagos, where he earned a Bachelor of Science with First Class Honours, has an Masters of Business Administration (MBA) from the Warwick Business School, United Kingdom.

He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) with national overall best prize awards at two consecutive stages of the ICAN examinations.

He has attended executive education courses at the Harvard Business School and the London Business School.

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