Ecobank Transnational Confirms Adepoju’s Appointment as CFO
The board of Directors of Ecobank Transnational Incorporated (ETI) has confirmed the appointment of Ayo Adepoju as the company’s Group Chief Financial Officer.
The confirmation, which came three months after Adepoju had served as the bank’s Acting Chief Financial Officer, was contained in a statement signed by the Group Head of Corporate Communications of the bank.
The Group Chief Executive Officer, Ade Ayeyemi, whom Adepoju would be reporting directly to, said he is optimistic that ETI’s financials are in the right hands going forward.
“We are pleased to announce Ayo’s appointment as Group Financial Officer. During the period in which he has been performing the role in acting capacity, Ayo has shown clear capacity to lead our finance function. His financial acumen, industry knowledge and industry experience, including playing a key role in our recent inaugural Eurobond issuance, make Ayo very qualified to provide financial leadership and strategic vision to the bank. I warmly congratulate Ayo and look forward to continuing to work with him closely.”
Adepoju has had more than 15 years professional work experience, a considerable number of which has been spent at Ecobank Transnational Incorporated.
Prior to his appointment, Adepoju held several high-profile positions, including his role as the Head, Group Financial and Regulatory Reporting. Between August 2012 and June 2015. He held this role until he was promoted to the position of Vice President in charge of Group Finance in July 2015.
He has also had stints at both PriceWaterhouseCoopers Nigeria and PriceWaterhouseCoopers United Kingdom where he served as manager between 2005 and 2012.
He graduated with a First Class degree in Accounting from the University of Lagos. He also studied at the Warwick Business School and Harvard Business School.
Adepoju is also a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).