A transfer from Ecobank Malawi will take charge of the bank’s Tanzanian operation, two months after the parent group appointed a new chairman.
The managing director of Ecobank Malawi has been appointed to the same role at Ecobank Tanzania . Charles Asiedu is a veteran of the African bank’s operations across multiple countries during his 21 years with the banking group.
An accountant, he was previously an internal controller and auditor with the bank’s Ghanaian subsidiary, rising to be a manager in the risk management department, before becoming group financial control officer and for the Togo-headquartered parent Ecobank Group , and then joining Ecobank Malawi in 2012.
Asiedu said in a statement that his appointment was an “opportunity to ensure that the bank fully supports the success of Tanzania’s businesses and corporates and meets all the needs and expectations of our customers”.
He continued that “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”.
Ecobank Tanzania chairman Michael Sallu praised Asiedu’s “strong track record, which most recently included successfully leading and growing Ecobank Malawi’s performance year-on-year, and his in-depth experience of Ecobank and its pan-African purpose”.
The appointment comes after Alain Nkontchou was appointed as chairman of Ecobank on 30 June.
Professional services consultancy Andersen Global has been expanding across the continent this year, most recently with new operations in Benin, Togo, Burkina Faso, Gabon, Mali and Eritrea , while the former head of Uganda’s tax authority recently joined Dentons as a partner .
Last week, Akinwumi Adesina was re-elected as president of the African Development Bank , while in June, Benedict Oramah was re-elected to lead the African Export-Import Bank .
Elsewhere, United States law firm Curtis, Mallet-Prevost, Colt & Mosle recently hired an Africa-focused project finance lawyer in Dubai .