By Isaac Newton, Finance & Strategy Consultant June 5, 2025. Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has appointed Ayo Adepoju, the current Group Chief Financial Officer (CFO), to the Board of Directors as Group Executive Director, effective June 4, 2025. This appointment is a significant step in the Group’s ongoing leadership transformation, underscoring the recognition of internal talent and commitment to nurturing homegrown leadership. Ayo Adepoju appointment
Ayo Adepoju brings over two decades of leadership experience, having made substantial contributions to Ecobank’s financial strategy and transformation since joining in 2012. His diverse expertise spans financial management, capital markets, governance, investor relations, business performance management, and enterprise transformation, among others. He has held several leadership roles within Ecobank, including Group Financial Controller and Group Head of Business Performance and Analytics, before ascending to the role of Group CFO.
Throughout his tenure, Ayo has been instrumental in leading major capital market transactions such as Eurobonds, Basel III-compliant instruments, and sustainability-linked debt. These initiatives have significantly strengthened Ecobank’s international presence, increased transparency, and bolstered investor relations.
A Visionary Leader with a Proven Track Record
Ayo’s appointment reflects his proven leadership and deep institutional knowledge, which has played a crucial role in Ecobank’s financial resilience and long-term growth. Papa Madiaw Ndiaye, Chairman of Ecobank, praised Ayo’s exceptional performance, noting, “Ayo embodies Ecobank’s renewed talent philosophy, a homegrown leader with global exposure and a compelling track record.” Jeremy Awori, Group CEO, echoed this sentiment, highlighting Ayo’s ability to drive sustainable business growth through innovative financial strategies and collaborative leadership.
Ayo holds a First-Class Honours degree from the University of Lagos and is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Management Accountants (CIMA), UK. He also holds an MBA from Warwick Business School and a Ph.D. in Organizational Leadership from Regent University, USA. His executive education includes programs at Wharton, London Business School, and the Advanced Management Program at Harvard Business School in 2024. Ayo is also a published author and a respected thought leader in finance and organizational strategy.
Commitment to Leadership Excellence Across Africa
This appointment marks a key moment in Ecobank’s strategy to foster leadership excellence from within, reinforcing its commitment to promoting African talent in positions of global significance. As Ecobank continues its journey towards growth and transformation, Ayo Adepoju’s leadership will play a pivotal role in driving the bank’s ambitious goals across the continent. Ayo Adepoju appointment