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Ecobank Transnational Incorporated announces new appointments

Ecobank is a modern pan-African financial institution providing financial solutions. (Image source: geralt/Pixabay)

Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of the Ecobank Group, announces two new appointments and changes on its Board of Directors

Dr Georges Agyekum Nana Donkor has been appointed as a Non-Executive Director to replace 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 Bashir Ifo. Dr Donkor is a lawyer, banker and marketing consultant with more than 25 years’ experience in senior management capacities across several fields such as finance, strategic management, marketing, legal, compliance and administration.

The Board announced the appointment of Zanele Monnakgotla as a non-executive director and nominee of the Public Investment Corporation (PIC) of South Africa on the Board. Monnakgotla has more than 20 years of’ public and private sector experience in Structured Finance and Strategy. She is replacing Dr Daniel Matjila who resigned from the ETI Board when he left his role as CEO of PIC.

Emmanuel Ikazoboh, chairman of the Board of ETI, commenting on the changes said, “We must first of all, sincerely express our appreciation to 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.”