Greg Davis resigns from Ecobank, Ayo Adepoju takes up role of acting CFO

Greg will be leaving his post so that he can spend more time with his young family in the UK.

At a meeting of Ecobank Transnational Incorporated’s (ETI) directors, the board accepted the resignation of chief financial officer and group executive of finance Greg Davis (pictured). 

In 2015 Greg, who was the CFO of Standard Bank Africa at the time, won the Moving Into Africa Award at the CFO Awards. In 2016, Greg was appointed as the CFO of leading pan-African bank ETI, headquartered in Togo. 

Greg and Ecobank group CEO Ade Ayeyemi have worked very closely together. Ade said: 

“...I have great admiration for his well-grounded financial acumen, sound judgement and focused commitment and dedication to Ecobank. His strong financial management skills have played a key role in the execution of our ‘Roadmap to Leadership’ strategy. I am sad to see him leave, but recognise the importance of family life and he has my very best wishes for his next challenge. The board has every confidence in Ayo Adepoju stepping into his new role and he has our full support.” 

Ayo Adepoju, who also worked very closely with Greg, has been appointed as acting CFO. He has performed the role of group head of business performance and analytics for the group for the last two years. Before this, he was Ecobank’s group financial controller. 

Prior to joining Ecobank, he had a career at PwC in London and Lagos as an assurance manager in the financial services practice. He is an accounting graduate of the University of Lagos, Nigeria, where he earned a B.Sc degree with first class honours and has an MBA from Warwick Business School, United Kingdom. He is also a fellow of the Institute of Chartered Accountants of Nigeria (ICAN) with national overall best prize awards at two consecutive stages of the ICAN examinations.

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