Ecobank Nigeria gets MD-designate as Akinwuntan retires

December 6, 2021
17 Views

Ecobank Group, a pan-African banking group, announced on Monday that Mobolaji Lawal has been appointed as Regional Executive and Managing Director designate of Ecobank Nigeria, subject to the approval of the Central Bank of Nigeria.

The appointment is made ahead of Patrick Akinwuntan’s upcoming retirement, due to him reaching retirement age in January 2022, according to a statement.

It said Lawal joined Ecobank having been a versatile senior banking executive and digital transformation specialist for over 28 years with Guaranty Trust Bank Plc.

The statement said, “He has deep involvement and experience in digital and retail banking, corporate and commercial banking, credit risk management and corporate finance.

“His previous experience includes being Executive Director at GTBank Plc Nigeria, and Non-Executive Director roles at both GTBank Ghana Limited and Nigeria Interbank Settlement Systems Plc.”

It said Lawal led the team that envisioned and implemented GTBank Plc’s retail and digital banking strategy to achieve industry-wide leadership over a 10-year period, adding that he introduced new products and solutions that have helped to deepen payments and access to digital financial services in Nigeria.

Ecobank said he was selected and appointed as MD-designate following a keenly contested selection process, which included both internal and external candidates.

Commenting on the appointment, the Chief Executive Officer, Ecobank Group, Ade Ayeyemi, said, “We welcome Mobolaji Lawal to the Ecobank Group and we stand to benefit from the extensive experience that he has acquired in various fields across banking, which will play a major role in continuing to rebuild our franchise in Nigeria.

“Nigeria is a key market for us, in which we have seen significant improvement over the past three years as we reposition and leverage upon our pan-African strengths in digital products and services, payments and as the go-to-bank for businesses seeking to grasp the growth opportunities being created by the AfCFTA, across all our markets on the continent. I wish Mobolaji the best and assure him of both my support and that of the entire Ecobank Group.”

Copyright PUNCH.

All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

Contact: [email protected]

You may be interested

FA Cup: Man United Advance Into Next Round After Hard-fought Win Vs Villa
Sports
8 views
Sports
8 views

FA Cup: Man United Advance Into Next Round After Hard-fought Win Vs Villa

Webby - January 10, 2022

Scott McTominay grabbed the only goal as Manchester United pipped Aston Villa 1-0 in the FA Cup third round at…

AFCON 2021: Gabon Overcome Comoros With A Slim Victory
Sports
2 views
Sports
2 views

AFCON 2021: Gabon Overcome Comoros With A Slim Victory

Webby - January 10, 2022

Aaron Boupendza’s strike from a narrow angle sealed a dull 1-0 win for Gabon over Africa Cup of Nations debutants…

Army arrests soldier, investigates others over assault on traffic wardens
News
3 views
News
3 views

Army arrests soldier, investigates others over assault on traffic wardens

Webby - January 10, 2022

/* custom css */ .tdi_59.td-a-rec{ text-align: center; }.tdi_59 .td-element-style{ z-index: -1; }.tdi_59.td-a-rec-img{ text-align: left; }.tdi_59.td-a-rec-img img{ margin: 0 auto 0…

Leave a Comment

Your email address will not be published.