Akin Dada appointed Ecobank’s new group executive, corporate and investment banking

Tuesday, 13 April 2021 14:44
Akin Dada appointed Ecobank’s new group executive, corporate and investment banking

(Togo First) - Akin Dada is the new Group Executive, Corporate and Investment Bank of the Ecobank Transnational Incorporated (ETI) Group. Executive Director of Ecobank Nigeria’s Corporate Bank division since 2017, Dada now takes the place of Amin Manekia who has retired. 

A graduate of Warwick Business School, Akin Dada has over 30 years of experience in banking, 26 of which he spent working for Citigroup, the South African holding. This expert notably headed the holding’s Cameroonian subsidiary, boosting the latter’s revenues substantially (+72% between 2011 and 2014). He also briefly worked at Access Bank Nigeria. Dada was in charge of the lender’s oil and gas and helped boost the division’s revenues by 56% in two years only. 

As ETI’s group executive for Corporate and Investment Bank, the Nigerian financier’s main responsibility is to assess and leverage various investment opportunities resulting from the implementation of the African Continental Free Trade Area (AfCFTA). 

Commenting on his fellow countryman’s appointment, Ecobank’s CEO, Ade Ayeyemi, said: “Akin’s valuable and varied experience over many years in corporate banking, as well as his broader knowledge of banking, credit, and risk management, positions him appropriately to lead our Corporate and Investment Bank. There are huge opportunities for the Ecobank Group with the implementation of the AfCFTA, which heralds burgeoning demand for trade finance, advisory services, and cross-border payments.”

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