Ecobank Transnational Incorporated Announces Retirement of Chief Risk Officer Chinedu Ikwudinma

Ecobank Transnational Incorporated (ETI), the leading pan-African banking group, has announced the retirement of Mr. Chinedu Ikwudinma from his role as Group Executive and Group Chief Risk Officer (GCRO), effective May 5, 2025. The announcement was made through a corporate disclosure on the Nigerian Exchange Group’s platform.

Mr. Ikwudinma’s tenure at Ecobank began in June 2019 when he joined as the Group Chief Credit Officer. In January 2022, he was appointed as the Group Executive and GCRO, a role in which he provided strategic leadership in risk management across the bank’s extensive operations in over 30 African countries. His expertise in credit analysis and risk structuring significantly contributed to strengthening Ecobank’s risk governance framework.

Ecobank has not yet announced a successor to Mr. Ikwudinma. The bank is expected to make an appointment in due course to ensure a seamless transition in its risk management leadership.

About Chinedu Ikwudinma

Mr. Chinedu Ikwudinma is a seasoned finance professional with extensive experience in risk management and executive leadership. Before joining Ecobank, he served as Managing Director and Chief Executive Officer at Nova Merchant Bank Limited. His earlier career includes significant roles at Citibank, where he was the Chief Risk Officer and Executive Director of Risk Management at Citibank Nigeria Limited, Managing Director for Citibank Uganda Limited, and Corporate Bank Head at Citibank Zambia Limited. Mr. Ikwudinma holds an MBA in Finance and an M.Sc. in Structural Engineering from the University of Lagos, along with a Bachelor’s degree in Civil Engineering from the University of Nigeria, Nsukka.

Ecobank Transnational Incorporated, headquartered in Lomé, Togo, is a prominent financial institution with a presence in 33 African countries and representative offices in key global financial centers. The bank offers a wide range of financial services, including retail, corporate, and investment banking, serving millions of customers across the continent.

Mr. Ikwudinma’s retirement marks the end of a significant chapter in Ecobank’s leadership, reflecting the bank’s ongoing commitment to strong governance and strategic risk management as it continues to navigate the dynamic financial landscape of Africa.