The Ghanaian Managing Director of Ecobank Kenya, Samuel Ashitey Adjei, is to retire after 29 years of service to the bank.
Mr Ashitey Adjei who doubles as the Regional Executive of Central, Eastern and Southern Africa (CESA), will formally retire on April 29.
The outgoing MD, who is also on the Ecobank Group Management Committee, recently played a leading role in driving Ecobank Group’s partnership agreement with the International Federation of Red Cross and Red Crescent Societies.
His previous roles at Ecobank have included MD of Ecobank Ghana, Deputy MD of Ecobank Ghana and Executive Director and Head of Corporate Banking and Treasury.
Ade Ayeyemi, Group CEO of Ecobank said, “Sam’s impactful performance, dedication and commitment have been apparent to all during his almost three decades with Ecobank. He has been instrumental in building Ecobank Ghana into the most profitable affiliate in the Group and the leading bank in Ghana during his ten years as its Managing Director.
“Also, the financial condition of CESA has improved markedly under his stewardship in recent years, with its profit before tax increasing by 79% to US$111 million in 2018. On behalf of the Ecobank Group and Board I want to wholeheartedly thank him and wish him all the best in his retirement.”
Mr Ashitey Adjei said, “It has been a real honour to have played a role in the development and growth of Ecobank in its journey to bring economic development and integration to middle Africa. I have long regarded Ecobank’s digital strategy as a masterstroke driving transformational change for millions of Africans by seamlessly serving them with innovative and constantly evolving products and services.
“Even though I am retiring, I will always follow Ecobank’s progress with interest and I have every confidence that it will continue to reach new heights as it drives beneficial change across Africa.”
He will be succeeded by Cheick Travaly, who is currently the Regional Chief Operating Officer for CESA.
Cheick Travaly has 28 years of professional experience, the last 14 of which have been spent as a Banking Executive serving six different countries. He holds two Master’s degrees, one in Business Administration and another in Economics.
Mr. Travaly began his career in the mining sector in Guinea, before making a permanent move into the banking industry. One of his early roles was as a Local Corporate Manager for Citibank Senegal, however, he has been employed at Ecobank since 2015 when he took the role of Corporate Bank Head at Ecobank Senegal.
- I feared for my life so I lied about being an Ewe – Caleb Kudah
- Citi FM journalist gained access to National Security premises under false pretences – Chief Director
- Affail Monney apologises for alleging Caleb Kudah breached Code of Ethics
- Information Minister visits Citi FM over alleged assault on 2 of its journalists
- Dzata Cement denies claims of selling product at ¢30 per bag
- GPL wrap: Kotoko extend gap at top after Olympics surrender lead
- Ordering loophole allows students to eat for free at KFC for six months
- Zoe Abu-Baidoo declined our invitation – National Security defends ‘Rambo-style’ invasion of Citi FM premises
- Assin North MP’s case: Cape Coast High Court dismisses allegation of bias against presiding judge
- Caleb Kudah didn’t breach Code of Ethics – GJA General Secretary
Akufo-Addo opens talks with transport operators over plans to increase fares
Brian Dzansi: Why Ghana needs an Innovation and Startup Act
GIBA joins calls for independent inquiry on Citi FM journalists’ alleged assault
Accounts of how some people are treated by National Security shocking – Samson Lardi
Stop showing local feature films on TV – Filmmakers told
NCCE sensitizes security services on constitutional obligations
Kwabre East MP commends Muslim for peaceful co-existence
Evangelist slapped with ¢100K fine, 25 white fowls, eggs over comments against Nungua Traditional Council
Mere apology cannot save GJA President this time around – ASEPA
Lack of external support hinders progress of ODF interventions in Ashanti Region
Woman attacked by wild antelope succumbs to death
Kojo Adaah: Is the Ghanaian politician under siege?
Complaints by aggrieved KATH staff have been resolved – Head of Surgery Directorate
Be firm in your stance to settle Dixcove dispute – Chieftaincy Minister urges Ahanta King
Ban use of mercury in small-scale mining – Asantehene