Ecobank appoints new MD for CBN’s approval

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The management of Ecobank has announced the appointment of Jubril Mobolaji Lawal as its Regional Executive and Managing Director designate of Ecobank Nigeria.

The appointment was announced ahead of the upcoming retirement of the current Managing Director of Ecobank Nigeria, Patrick Akinwuntan.

Akinwuntan is due to attain retirement age in January 2022. However, the appointment is subject to the approval of the Central Bank of Nigeria (CBN).

According to a statement, Lawal joined Ecobank having been a versatile senior banking executive and digital transformation specialist for over 28 years with Guaranty Trust Bank Plc.

He has deep involvement and experience in digital and retail banking, corporate and commercial banking, credit risk management and corporate finance, the statement revealed.

His previous experience included being an Executive Director at GTBank Plc Nigeria, and Non-Executive Director at both GTBank Ghana Limited and Nigeria Interbank Settlement Systems Plc.

“Mobolaji led the team that envisioned and implemented GTBank Plc’s retail and digital banking strategy to achieve industry-wide leadership over a ten-year period and he introduced new products and solutions that have helped to deepen payments and access to digital financial services in Nigeria.

“Mobolaji was selected and appointed as Managing Director designate following a keenly contested selection process, which included both internal and external candidates,” it added.

The incoming bank chief holds a Bachelor of Law degree from the Obafemi Awolowo University, Nigeria; B.L. from the Nigerian Law School and a Master of Business Administration from Oxford University, United Kingdom.

He has also attended several executive management and banking specific developmental programmes at leading educational institutions including Harvard Business School and Stanford Graduate School of Business and Institute d’Administration, among others.

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He managed the Group’s digital transformation journey and has been instrumental in the development of the world class digital products and services that Ecobank provides today.

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About Emmanuel Afolabi 266 Articles
Emmanuel Oluwatomisin Afolabi (EOA) is a reporter with 9News Nigeria. A young and dynamic minister and lover of the Gospel of Jesus Christ. He served as the Editor & Production Manager of the Voice Magazine. He obtained his National Diploma from the department of Mass communication, Ogun State Institute Of Technology, IGBESA (OGITECH), and studied Journalism and Media Studies at Alison (Online Course) HND in View. He is a Political Analyst and the Keynote Speaker - Let's Talk Politics. He is happily blessed with his parent, Revd &Pst Mrs Daniel Afolabi and his younger ones, Timileyin & Mary Afolabi. Phone number: 08131194469 Instagram & Facebook - Emmanuel Oluwatomisin Afolabi Email:

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