Board of Ecobank Nigeria Announces The Appointment of new Chairman and New Directors

Bola Adesola, Titilayo Olujobi and Bimbola Wright Appointed Directors in Ecobank Nigeria

Bola Adesola, Titilayo Olujobi and Bimbola Wright Join Ecobank Nigeria Board

Lagos, September 29, 2021 -  The Board of Directors of Ecobank Nigeria has announced the appointment of three non-executive directors: . Mrs. Bola Adesola, Mrs. Titilayo Olujobi and Mrs. Bimbola Wright.

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.

Mrs. Adesola who has also been appointed as the Chairman of the Board, following the end of tenure of Mr. John Aboh,  is 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. Mrs. 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.

Mrs. Adesola was also the Chairperson of the Board of Standard Chartered Bank Mauritius and a Director at Standard Chartered, Ghana.

Mrs. 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.

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, Mrs. 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, Mr. John Aboh, a consummate and respected banker for a very successful tenure and wish him all the best for the future.”

Patrick Akinwuntan, 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”.

Mrs. Titilayo Olujobi also a new director on the Board is a well-rounded and experienced professional with nearly four decades experience in Public Accounting, Banking, Training Facilitation, Business Consulting and Coaching.

She is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a Certified Professional Coach of the International Coaching Federation (ICF). Mrs. Olujobi who is currently Non-Executive Director of IBFCAlliance Limited, started her professional career at Z. O. Ososanya & Co and Coopers and Lybrand (now PriceWaterhouse Coopers) where she led audit assignments and consulted on tax issues.  She was at Nigeria International Bank Limited (now Citibank Nigeria Limited) as a Management Associate and rose through the ranks across multiple positions to become Vice President (Deputy General Manager); She was Managing Director, IBFCAgusto Training Limited;  Executive Director of IBFCAlliance Limited after the merger of IBFCAgusto and Alliance Consulting.

She holds a B.Sc. Degree in Economics from the University of Ife (now Obafemi Awolowo University).

Mrs. Bimbola Wright is a transformative and human-centered professional with thirty three (33) years banking experience in top financial institutions, over 20 years of which was at senior leadership levels. She is currently an Executive Director with Wright & Co Limited, a management consulting firm based in Lagos; Chairperson of the Board of Arami Essentials; member of the Institute of Directors, where she sits on the board of IoD Centre for Corporate Governance; and Fellow of the Nigeria Institute of Management.

Her career commenced with NAL Bank Plc (now part of Sterling Bank), from where she moved to Kakawa Discount House which was later acquired by First Bank Holdings to become FBNQuest Merchant Bank; she was  Executive Council member of Women in Management, Business and Public Services (WIMBIZ). Bimbola holds a B.Sc in Human Biology from Surrey University, an M.A. in International Relations from University of Kent at Canterbury.

ABOUT ECOBANK NIGERIA

Ecobank Nigeria Ltd. is a subsidiary of the Ecobank Group, the leading pan-African banking group with operations in 33 African countries and an international presence in four locations (London, Paris, Beijing and Dubai).

Ecobank Nigeria is a full-service bank providing wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organizations, medium, small and micro businesses and individuals.

Ecobank is a major player in the distribution of financial services in Nigeria, leveraging digital platforms including Ecobank Mobile App and USSD *326#, Ecobank Online, Ecobank OmniPlus, Ecobank Omnilite, EcobankPay, Ecobank RapidTransfer, ATMs, POSs and an extensive distribution network of over 250 branches and about 20,000 agency banking locations.

The Bank’s operations comprise three strategic business segments: Consumer Banking; Commercial Banking; and Corporate and Investment Banking.

These segments are supported by the Bank’s Operations & Technology, Risk Management, Legal, Finance, Internal Audit, Internal Control and Human Resources departments. In addition, as a member of the Ecobank Group, the Bank’s business segments also receive support from an integrated information technology platform operated by eProcess International S.A., Ecobank Group’s technology subsidiary (which is currently located in Ghana).

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