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New Ecobank Tanzania chief pledges to back private sector growth

New Ecobank Tanzania chief pledges to back private sector growth

Asiedu who was named MD for Ecobank Tanzania by its board of directors earlier this week said he relishes the opportunity to ensure that the bank fully meets the needs and expectations of customers.

“Ecobank has a key role to play in helping Tanzania to grasp the immense opportunities of the implementation of the African Continental Free Trade Area and in countering the huge challenges created by the ongoing coronavirus pandemic,” Asiedu stated.

He added, “I am determined to maximize the beneficial impact of Ecobank’s borderless banking ecosystem and customer-centric commitment and focus throughout Tanzania.”

In a statement announcing the appointment of Asiedu, Ecobank Tanzania Chairman, Michael Sallu said the new MD has a strong track record which most recently included successfully leading and growing Ecobank Malawi’s performance year-on-year.

“His in-depth experience of Ecobank and its pan-African purpose, makes him the ideal choice as our new Managing Director,” Sallu said.

The new MD is a fellow of the Association of Certified Chartered Accountants (ACCA) in UK in addition to having a Bachelor’s degree in Administration majoring in Accounting from the University of Ghana and an MBA (Financial Management) from the University of Hull in the UK.

Prior to his new appointment, Asiedu has been Managing Director of Ecobank Malawi for the last seven years and joined Ecobank 21 years ago starting as an Internal Controller and Auditor in Ecobank Ghana, before being promoted to Remedial Manager in its Risk Management Department.

He then transferred to Ecobank Group as Group Financial Control Officer prior to becoming the Group Financial and Regulatory Reporting Manager. After this he was appointed as Executive Director, Corporate Bank for Ecobank Malawi.

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