Ecobank Transnational Incorporated announces changes on its Board

AFRICA – Ecobank Transnational Incorporated (ETI), the parent company of Ecobank Group, has announced the appointments of Dr George Agyekum Nana Donkor and Mrs Zanele Monnakgotla as its Non-executive Directors.

Dr. Georges Agyekum Nana Donkor has been appointed as a Non-Executive Director to replace Mr. Bashir Mamman Ifo as the representative of Ecowas Bank for Investment & Development (EBID) on the Board of ETI. Dr. Donkor was recently appointed President of EBID following the retirement of his predecessor Mr. Bashir Ifo.

Dr. Donkor is a Lawyer, Banker and Marketing Consultant with over twenty-five years’ experience in Senior Management capacities across several fields such as Finance, Strategic Management, Marketing, Legal, Compliance and Administration.

In a statement made available to the investing public, the Chairman of the Board of ETI, Mr Emmanuel Ikazoboh appreciated former members of the Board, Ifo and Matijila as he welcomed Donkor and Monnakgotla on board.

“We must first of all, sincerely express our appreciation to Mr Ifo and Dr Matjila for their contributions on the Board and their tireless dedication to the Ecobank Group.

“We know that they will always remain members of the Ecobank family. As we formally bid them farewell, I do warmly welcome both Dr Donkor and Mrs Monnakgotla and believe that their respective expertise would be most beneficial to the Board,” he said.

Monnakgotla, who was also appointed as a nominee of the Public Investment Corporation (PIC) of South Africa on the board has over 20 years public and private sector experience in Structured Finance and Strategy.

The Board also announced the appointment of Mrs. Zanele Monnakgotla as a Non-Executive Director and nominee of the Public Investment Corporation (PIC) of South Africa on the Board. Mrs. Monnakgotla has over 20 years’ public and private sector experience in Structured Finance and Strategy.

She replaces Dr Daniel Matijila, who resigned from the ETI board when he left his role as Chief Executive Officer of PIC.

The Chairman and the Board thank Ms. Oteh for her valuable contributions and extend their very best wishes as she dedicates herself to other commitments.

ETI serves multinationals, regional companies, Governments, and government agencies, financial institutions and international organisations, local corporates, small and medium corporates (SMEs), schools, churches and local non-governmental organisations, and public sector.

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