Board of Ecobank Transnational Incorporated (ETI) has announced the appointment of Charles Kie as the new managing director designate of Ecobank Nigeria Limited, effective January 1, 2016.

This is subject to the approval of the Central Bank of Nigeria (CBN) and other regulatory requirements.

Kie was successfully selected as managing director after a rigorous selection process, which included both internal candidates within Ecobank as well as external candidates.

Prior to this new appointment, Charles Kie was the group executive, corporate and investment bank for ETI, responsible for leading the Ecobank Group’s Corporate and Investment Banking business across the global network of 40 countries, 36 of which are in Africa.

Kie succeeds Jibril Aku, whose five-year tenure as managing director, Ecobank Nigeria ends on December 31, 2015

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp