Ecobank appoints new directors

Ecobank Transnational Incorporated (ETI), the parent company of Ecobank Group, has announced the appointments of Dr George Agyekum Nana Donkor and Mrs Zanele Monnakgotla as its Non-executive Directors.

While Donkor is said to be replacing Mr Bashir Mamman Ifo as the representative ECOWAS Bank for Investment & Development (EBID) on the Board of ETI, Monnakgotla would be representing Dr Daniel Matijila who just left the board as well.

In a statement made available to the investing public, the Chairman of the Board of ETI, Mr Emmanuel Ikazoboh appreciated former members of the Board, Ifo and Matijila as he welcomed Donkor and Monnakgotla on board.

“We must first of all, sincerely express our appreciation to Mr Ifo and Dr Matjila for their contributions on the Board and their tireless dedication to the Ecobank Group.

“We know that they will always remain members of the Ecobank family. As we formally bid them farewell, I do warmly welcome both Dr Donkor and Mrs Monnakgotla and believe that their respective expertise would be most beneficial to the Board,” he said.

About the new directors: Dr Donkor is a Lawyer, Banker and Marketing Consultant with over twenty-five years experience in Senior Management capacities across several fields such as Finance, Strategic Management, Marketing, Legal, Compliance and Administration.

Monnakgotla, who was also appointed as a nominee of the Public Investment Corporation (PIC) of South Africa on the board has over 20 years public and private sector experience in Structured Finance and Strategy. She replaces Dr Daniel Matijila, who resigned from the ETI board when he left his role as Chief Executive Officer of PIC.

About ETI: Ecobank Transnational Incorporated, through its subsidiaries, provides retail, corporate, and investment banking services in Africa and internationally. The company operates through Corporate & Investment Banking, Commercial Banking, and Consumer Banking segments.

ETI serves multinationals, regional companies, Governments, and government agencies, financial institutions and international organisations, local corporates, small and medium corporates (SMEs), schools, churches and local non-governmental organisations, and public sector.

It operates 927 branches and offices, and 2,665 ATMs. Ecobank Transnational Incorporated was founded in 1985 and is headquartered in Lomé, Togo.

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