Ecobank names Kenyan banking exec Jeremy Awori as CEO
Awori is joining Ecobank after 25 years in the banking industry.
Awori is joining Ecobank after 25 years in the banking industry.
Absa Bank Kenya reported triple-digit earnings growth in the 2021 fiscal year.
His resignation will take effect on Oct. 31.
Awori said the shifting operating climate compelled management to take urgent actions to protect capital and liquidity.
Absa Bank Kenya, formerly Barclays Bank Kenya Limited, is a leading financial services provider in Kenya.
Formerly Barclays Bank Kenya, Absa Bank Kenya is the local subsidiary of the South Africa-based Absa Group.
Awori has been the commercial bank’s managing director since 2012.