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Ecobank appoints new head of corporate banking


Punch Newspapers
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Published 1:34 am
Ecobank Transnational Incorporated, parent company of the Ecobank Group, has announced the appointment of Akin Dada as the new Executive Director of Corporate and Investment Banking.
Previously Head of Ecobank Group’s Corporate Banking, Dada joined Ecobank in 2017 as the Executive Director of Corporate Banking in Nigeria, according to a statement from Ecobank on Tuesday.
The bank said Dada had over 30 years of banking experience in client coverage, strategic transaction initiation and advisory dialogues across various client segments, including public sector, telecoms, FMCG and oil and gas.
Prior to joining Ecobank, he was the Managing Director for Citigroup Cameroon, where he worked for 26 years in Corporate & Investment Banking as Senior Transactor, Senior Relationship Banker and Business Development Manager. ....

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Court Grants Permission to Serve Processes on ETI Abroad


Davidson Iriekpen
The stage may have been set for a showdown between Ecobank Transnational Inc (ETI) and one of its former senior executives, Moyo Kamgaing, as the National Industrial Court sitting Lagos, has ordered him to serve court processes on the organisation (ETI) at its head office in Lomé, Togo.
Justice Elizabeth Ama Oji granted the application while ruling on the preliminary objection filed by ETI to challenge the service of the court processes on it in Lome by courier.
ETI terminated the employment of Kamgaing with effect from October 1, 2020, allegedly on economic grounds, to end ETI’s Investment Bank (IB) as a stand-alone unit. ....

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