Lagos - Jibril Aku will at the end of the year step down from his role as Managing Director of Ecobank Nigeria.
Ecobank Transnational Incorporated (ETI), the bank’s parent company, said as per internal policy, he has to vacate office after concluding his five-year role.
Aku will take on another senior role in the firm in the first quarter of 2016.
The ETI Group Chief Executive Officer, Ade Ayeyemi, said Aku had been instrumental in leading the Ecobank franchise to its position in the Nigeria banking industry today.
“With the Oceanic Bank acquisition, Jibril positioned the bank from number 13 to its current position of number six,” said Ayeyemi.
Also read: Ayeyemi appointed new Ecobank CEO
Aku said he was proud of what the team and him have achieved together.
He thanked the team for the good work and their unwavering commitment to Ecobank.
“Our Board stood with us, and was steadfast in its support. I must, therefore, extend my sincere appreciation to the Board and the team.
Despite some of the market challenges that we faced over the years, our customers have always been loyal, and it is their patronage that led to the achievements we see today,” said Aku.
The board will immediately activate the process of selecting a successor, with the successful candidate set to be announced before the end of December.
- CAJ News