Ecobank Appoints CFO Ayo Adepoju as Group Executive Director

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced the appointment of Ayo Adepoju, its current Group Chief Financial Officer, to the Board as Group Executive Director, effective June 4, 2025.

The decision underscores Ecobank’s commitment to nurturing internal talent and recognising transformative leadership from within.

A seasoned finance executive with nearly two decades of experience, Adepoju has held key leadership roles within Ecobank since joining the group in 2012. His positions have included Group Financial Controller and Group Head of Business Performance and Analytics before becoming Group CFO.

In his role as CFO, Adepoju played a pivotal role in shaping Ecobank’s financial transformation and capital strategy. His leadership has been instrumental in several major transactions, including Eurobond issuances, Basel III-compliant instruments, and sustainability-linked debt — moves that have strengthened the Group’s position in international capital markets and bolstered investor confidence.

Chairman of the Board, Papa Madiaw Ndiaye, lauded Adepoju’s contributions, noting:

“Ayo’s proven leadership has fostered trusted relationships with the Board and made this appointment both natural and strategic. His intellect, integrity, and impact-driven leadership reflect Ecobank’s renewed talent philosophy.”

Group CEO Jeremy Awori also praised the appointment, stating:

“Ayo has played a critical role in strengthening Ecobank’s financial resilience and enabling sustainable growth. His ability to innovate and lead across complex financial domains has been invaluable to our transformation journey.”

Adepoju is a graduate of the University of Lagos (First-Class Honours) and holds professional fellowships with ICAN and CIMA, UK. He also holds an MBA from Warwick Business School and a PhD in Organisational Leadership from Regent University. His academic pedigree is complemented by executive programmes at Wharton, London Business School, and Harvard Business School.

Recognised as a thought leader and member of the Forbes Finance Council, Adepoju’s appointment marks a significant step in Ecobank’s ongoing strategy to harness African talent and enhance governance across its operations in 35 sub-Saharan countries and beyond.

About Ecobank Group

Ecobank is the leading private pan-African banking group, offering a unified platform across 35 African countries, with additional operations in the UK, France, UAE, and China. Serving over 32 million customers, the bank provides a full suite of retail, commercial, and investment banking solutions.

 

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