Ecobank Transnational Incorporated (ETI) has appointed Ayo Adepoju, the bank’s current Group Chief Financial Officer (CFO), as Group Executive Director, effective June 4, 2025. This strategic move is aimed at strengthening Ecobank’s financial management and operational excellence across its markets.
Adepoju brings over 20 years of leadership experience in financial management, capital markets, strategic planning, treasury operations, and enterprise transformation. Since joining Ecobank in 2012, he has held key roles including Group Financial Controller and Group Head of Business Performance and Analytics before becoming CFO.
Under his leadership, Ecobank has successfully executed landmark financial initiatives such as Eurobond issuances, Basel III-compliant instruments, and sustainability-linked debt offerings. These efforts have enhanced the bank’s presence in international financial markets and boosted investor confidence.
Adepoju holds a first-class degree from the University of Lagos, is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Management Accountants (CIMA), UK. He also earned an MBA from Warwick Business School and a PhD in Organisational Leadership from Regent University, USA. Prior to Ecobank, he worked at PricewaterhouseCoopers (PwC) in London and Lagos.
Ecobank Chairman Papa Madiaw Ndiaye praised Adepoju’s appointment, calling it a “natural and strategic” step that reflects his trusted relationship with the Board. Group CEO Jeremy Awori highlighted Adepoju’s critical role in driving financial resilience and sustainable growth for the bank.
This appointment comes on the heels of Ecobank’s recent successful $125 million Eurobond issuance, which was oversubscribed and priced at an improved yield of 9.375%, marking a significant milestone for the bank and the African Eurobond market.
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