The Group chief executive officer of Ecobank Transnational Incorporated (ETI), Mr. Jeremy Awori, said the Pan-African financial institution is much aligned in its key role objectives of driving Small and medium-sized enterprises (SMEs), Fintech, and market development growths in Africa.
Awori stated this at the Closing Gong Ceremony introducing him as the new Group CEO of ETI to the capital market held yesterday in Lagos.
Awori said, the financial institution is poised at remaining the leader in the payment system space in Africa, where it has inherent strength.
Also, the Nigerian Exchange Limited (NGX) and Ecobank Transnational Incorporated (ETI) expressed mutual interest in partnering on sustainability initiatives and overall market development.
According to him, Nigeria, being the largest economy in the African region was a core market for SMEs.
“As a pan-African bank, we are working on tapping value from the African Continental Free Trade Area Agreement (AfCFTA). We will continue to create more value in the country amidst the developments in technology, payments, and SMEs,” he said.
Commending NGX for its leadership role and innovations including the NGX Technology Board, Exchange Traded Funds market development, and sustainability drive, the Awori stated that ETI would actively work with the Exchange on developmental initiatives.
“We will be building up our corporate and SME banking businesses as we are focused on growth transformation and maximizing value for shareholders and investors,” he said.