Mr Ade Ayeyemi, 52, will replace Albert Essien, who will retire on 30 June, 2015 following 25 years of exemplary administration with the Group. An interval game plan will be made by the Ecobank Board for the administration of the Group amid the period 1 July through 31 August, pending the resumption of the new CEO.
Mr Ayeyemi is an exceedingly experienced banker who has had a long and fruitful profession with Citigroup, where he is as of now Chief Executive Officer of Citigroup's sub-Saharan Africa division, situated in Johannesburg. He is an Accounting graduate of the University of Ife, now Obafemi Awolowo University, Ile-Ife, Nigeria, where he earned a Bachelor of Science degree with First Class Honors. He likewise learned at the University of London and is a graduate of Harvard Business School's Advanced Management Program. A Chartered Accountant, Mr Ayeyemi is additionally a prepared UNIX Administrator and Network Operating Systems Manager. His numerous interest include business strategy, economics, process engineering and technology.

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