Ecobank Group has tasked its incoming chief executive Jeremy Awori with raising its return on assets and cutting costs as it looks to improve its profitability across the continent, the lender’s chairman has said.
The Togo-headquartered pan-African lender yesterday confirmed the appointment of Mr Awori — the outgoing Absa Kenya chief executive — to replace Nigerian Ade Ayeyemi, who is set to retire after attaining the age of 60 in accordance with the bank's policy.
