CHARLES ASIEDU APPOINTED AS MANAGING DIRECTOR OF ECOBANK TANZANIA

Charles Asiedu, Managing Director of Ecobank Tanzania.

The Board of Directors of Ecobank Tanzania Limited is pleased to announce the appointment of Mr. Charles Asiedu as Managing Director of Ecobank.

Charles has been Managing Director of Ecobank Malawi for the last seven years and joined Ecobank 21 years ago. He started as an Internal Controller and Auditor in Ecobank Ghana, before being promoted to Remedial Manager in its Risk Management Department. He then transferred to Ecobank Group as Group Financial Control Officer prior to becoming the Group Financial and Regulatory Reporting Manager. After this he was appointed as Executive Director, Corporate Bank for Ecobank Malawi.

Charles said: “It is a very great honor to become Managing Director of Ecobank Tanzania and I relish the opportunity to ensure that the bank fully supports the success of Tanzania’s businesses and corporates and meets all the needs and expectations of our customers. Ecobank has a key role to play in helping Tanzania to grasp the immense opportunities of the implementation of the African Continental Free Trade Area and in countering the huge challenges created by the ongoing coronavirus pandemic. I am determined to maximize the beneficial impact of Ecobank’s borderless banking ecosystem and customer-centric commitment and focus throughout Tanzania.”

Michael Sallu, Chairman of Ecobank Tanzania, said: “Charles Asiedu’s strong track record, which most recently included successfully leading and growing Ecobank Malawi’s performance year-on-year, and his in-depth experience of Ecobank and its pan-African purpose, makes him the ideal choice as our new Managing Director.

Charles is a Fellow of the Association of Certified Chartered Accountants (ACCA), UK. He has a Bachelor’s degree (First Class Honors) in Administration – Accounting from the University of Ghana and an MBA (Financial Management) from the University of Hull, UK.

Media Contact

Furaha Samalu
Manager; Brand and Communications
Email: fsamalu@ecobank.com
Tel: +255 699 000025

About Ecobank Transnational Incorporated (‘ETI’ or ‘The Group’)

Ecobank Transnational Incorporated (‘ETI’) is the parent company of the Ecobank Group, the leading independent pan-African banking group. The Ecobank Group employs over 14,800 people and serves about 24 million customers in the consumer, commercial and corporate banking sectors across 33 African countries. The Group has a banking license in France and representative offices in Addis Ababa, Ethiopia; Johannesburg, South Africa; Beijing, China; London, the UK and Dubai, the United Arab Emirates. The Group offers a full suite of banking products, services and solutions including bank and deposit accounts, loans, cash management, advisory, trade, securities, wealth and asset management. ETI is listed on the Nigerian Stock Exchanges in Lagos, the Ghana Stock Exchange in Accra, and the Bourse Régionale des Valeurs Mobilières in Abidjan. For further information please visit www.ecobank.com