Two Directors appointed to Ecobank's board

Two Directors have been appointed to the Board of Directors of Ecobank Transnational Incorporated.

According to a notice filed by the Group to the Nigerian Stock Exchange, Dr. Georges Agyekum Nana Donkor and Mrs. Zanele Monnakgotla were both appointed Non-Executive Directors of the bank respectively.

Donkor is expected to assume Bashir Mammman Ifo's position as the representative of Ecowas Bank for Investment and Development while Monnakgotla is expected to act in the bank's interests as a nominee of the Public Investment Corporation of South Africa on the Board.

Dr. Donkor was recently appointed President of EBID following the retirement of his predecessor Mr. Bashir Ifo. Donkor is a Lawyer, Banker and Marketing Consultant with over twenty-five years' experience in Senior Management capacities across several fields such as Finance, Strategic Management, Marketing, Legal, Compliance, and Administration.

On the other hand, Monnakgotla has over 20 years' 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 Chief Executive Officer of PIC.

Chairman of the Board of ETI, Emmanuel Ikazoboh congratulated the new members added to the board.

"We must first of all, sincerely express our appreciation to Mr. Ifo and Dr. Matjilla 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. Donlor and Mrs. Monnakgotla and believe that their respective expertise would be most beneficial to the Board," he said.