Ecobank Leading bank appoints Ivorian Charles Kie as MD-designate

The Bank said in a statement released on Tuesday that the appointment would take effect on January 1, 2016, but would be subject to the approval of the CBN and fulfillment of relevant regulations.

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Ecobank MD-designate, Charles Kie play

Ecobank MD-designate, Charles Kie

(triumemba)
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According to various media reports, Ecobank Nigeria has announced the appointment of Mr. Charles Kie, an Ivorian national, as the new managing director-designate of the bank.

According to Nigeria CommunicationsWeek, the Bank said in a statement released on Tuesday that the appointment would take effect on January 1, 2016, but would be subject to the approval of the CBN and fulfillment of relevant regulations.

The report further reveals that Kie was appointed after a selection process that involved both internal and external candidates.

Prior to Kie’s latest appointment, he was the Bank’s group executive in charge of corporate and investment banking across 40 countries, 36 of which are located in Africa.

Outgoing Ecobank MD, Jibril Aku play

Outgoing Ecobank MD, Jibril Aku

(businessnews)

 

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“Charles Kie represents ETI on the Board of Directors of EBI.SA, the Ecobank subsidiary in France as well as Ecobank Development Corporation (EDC), the investment banking arm of the Ecobank Group. Kie joined Ecobank in October 2011 as Chief Operating Officer of the then Ecobank Capital and was subsequently appointed the Head of the Group’s Corporate Banking business. Between 2008 and 2011, Charles Kie was Group CEO of Groupe Banque Atlantique, based in Togo and Cote d’Ivoire. Groupe Banque Atlantique (now majority owned by Banque Centrale Populaire of Morocco) had operations in eight countries in West Africa and one in Central Africa as well as a representative Office in Paris (France),” said the Bank in a statement.

"Kie also had a successful career with Citibank between 1997 and 2008, rising to the position of CEO of Citigroup West Africa between 2004 and 2008. Kie, a graduate of Ecole Superieure de Commerce d’Abidjan (Cote d’Ivoire), has an MBA from the London School of Economics and an MSc from the University Of Clermont Ferrand France. He has attended the Harvard Business School – Advanced Management Programme. An Ivorian national, Kie is fluent in both English and French,” the Bank added.

Kie will take over from Mr. Jibril Aku whose five-year Managing Director tenure ends on December 31, 2015.

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