The Ghanaian Managing Director of Ecobank Kenya, Samuel Ashitey Adjei, is to retire after 29 years of service to the bank.
Mr Ashitey Adjei who doubles as the Regional Executive of Central, Eastern and Southern Africa (CESA), will formally retire on April 29.
The outgoing MD, who is also on the Ecobank Group Management Committee, recently played a leading role in driving Ecobank Group’s partnership agreement with the International Federation of Red Cross and Red Crescent Societies.
His previous roles at Ecobank have included MD of Ecobank Ghana, Deputy MD of Ecobank Ghana and Executive Director and Head of Corporate Banking and Treasury.
Ade Ayeyemi, Group CEO of Ecobank said, “Sam’s impactful performance, dedication and commitment have been apparent to all during his almost three decades with Ecobank. He has been instrumental in building Ecobank Ghana into the most profitable affiliate in the Group and the leading bank in Ghana during his ten years as its Managing Director.
“Also, the financial condition of CESA has improved markedly under his stewardship in recent years, with its profit before tax increasing by 79% to US$111 million in 2018. On behalf of the Ecobank Group and Board I want to wholeheartedly thank him and wish him all the best in his retirement.”
Mr Ashitey Adjei said, “It has been a real honour to have played a role in the development and growth of Ecobank in its journey to bring economic development and integration to middle Africa. I have long regarded Ecobank’s digital strategy as a masterstroke driving transformational change for millions of Africans by seamlessly serving them with innovative and constantly evolving products and services.
“Even though I am retiring, I will always follow Ecobank’s progress with interest and I have every confidence that it will continue to reach new heights as it drives beneficial change across Africa.”
He will be succeeded by Cheick Travaly, who is currently the Regional Chief Operating Officer for CESA.
Cheick Travaly has 28 years of professional experience, the last 14 of which have been spent as a Banking Executive serving six different countries. He holds two Master’s degrees, one in Business Administration and another in Economics.
Mr. Travaly began his career in the mining sector in Guinea, before making a permanent move into the banking industry. One of his early roles was as a Local Corporate Manager for Citibank Senegal, however, he has been employed at Ecobank since 2015 when he took the role of Corporate Bank Head at Ecobank Senegal.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Political parties should plan for losses, not just wins – IGP advises
1 min -
524 Diasporan Africans granted Ghanaian citizenship in ceremony
3 mins -
Mahama urges Afram Plains North residents to avoid ‘skirt and blouse’ voting
4 mins -
Asantehene receives more 19th century gold ornament and regalia
12 mins -
Hohoe Ghana Blind Union organises training for members ahead of Election 2024
18 mins -
Alan Kyerematen reveals his future plans for Ghanaian Health professionals
19 mins -
AAIN empowers women and small enterprises in Upper East Region through SHINE project
20 mins -
Akufo-Addo leads nationwide commissioning of 80 educational projects
26 mins -
Ghana and Seychelles strengthen bilateral ties with focus on key sectors
57 mins -
National Elections Security Taskforce meets political party heads ahead of December elections
1 hour -
Samsung’s AI-powered innovations honored by Consumer Technology Association
1 hour -
Fugitive Zambian MP arrested in Zimbabwe – minister
2 hours -
Town council in Canada at standstill over refusal to take King’s oath
2 hours -
Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws
2 hours -
Providing quality seeds to farmers is first step towards achieving food security in Ghana
2 hours