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Alain Nkontchou new PCA of the Ecobank Group

Alain Nkontchou, new PCA of the Ecobank Group (ETI)

At the end of its general meetings held in Nigeria, the Ecobank Transnational Incorporated (ETI) Group records a major change with the departure of the PCA, Emmanuel Ikazoboh, replaced by Alain Nkontchou, a Cameroonian financier who has made a career in private equity funds. “JI am more confident and confident that my successor as Chairman, Mr. Alain Nkontchou will continue to lead the Board of Directors in its journey towards leadership“, Said Emmanuel Ikazoboh, who had the delicate mission of having taken control of the institution during the great crisis from 2014 to 2015.

“The world is looking to Africa and we are positioning this bank in a way that will allow it to continue to implement its commitments to the development of the continent. I intend to remain a determined ambassador for this great institution and its ideals, ”said the now ex-PCA.

For its part, the general manager of Ecobank, Ade Ayeyemi, reported a rather good situation: “2019 was a year of substantial progress for the Group on several fronts as we broadened our range of innovative products with our basic banking applications platform, upgraded; increasing the number of clients; creating new partnerships and launching programs to transform the customer experience and integrate good conduct, culture and ethics throughout the organization“.

The AGO was followed by an Extraordinary General Meeting during which the shareholders voted to cancel the resolution on the consolidation of the shares, previously approved on June 17, 2016. The shareholders also voted in favor of the modification ETI’s articles of association, in particular the addition of the possibility of holding general meetings in the future by electronic means of communication.

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