
ECObank Nigeria
By Donald Ugwu
Shareholders of Ecobank Transnational Incorporated (ETI) have elected Prof. Enase Okonedo and Mr Simon Dornoo as board members of the bank.
A statement issued by Adenike Laoye, its Group Head Communication on Wednesday said that the election took place at the companys 32Annual General Meeting (AGM), held in Lagos on Tuesday.
According to the statement, Okonedo replaces Ms Arunma Oteh, who has resigned from the board.
It noted that shareholders were pleased with ETIs progress in 2019 and approved all the resolutions at the AGM, which included the election of the two new directors.
It stated that shareholders also ratified the co-option of Mr Deepak Malik, a nominee of Arise B.V, Ms Zanele Monnakgotla, a nominee of Public Investment Corporation and Dr George Donkor, the representative of Ecowas Bank for Investment and Development as directors.
The statement added that the shareholders renewed the mandates of the firms Deloitte