Ghana: ETI to Focus On Ensuring Return On Equity – -Group Chairman

Ecobank Transnational Incorporated (“ETI”), the parent company of the Ecobank Group, the leading pan-African bank with banking operations in 33 countries, concluded its 32nd annual general meeting and extraordinary general meeting in Lagos, Nigeria.

For the first time in the history of ETI and in line with preventive measures to curb the spread of COVID-19, attendance at the General Meetings was mainly by proxies in accordance with the Articles of Association of the company.

Ecobank Group Chairman Emmanuel Ikazoboh speaking at the event said “We are in the final lap of our five-year ‘Roadmap to Leadership’, having laid and achieved much improved business and operational foundations, leadership in digital products with scalability, strong corporate governance and continued expense discipline. We continue to focus on making substantial strides towards ensuring a return on equity above the cost of capital across the Group despite the challenging economic conditions especially with the COVID-19, whilst also maintaining our commitment to driving economic development and financial integration across Africa.”

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