Adjei tapped as managing director of Ecobank's Central, Eastern and South African region

Samuel Ashitey Adjei, Ecobank Ghana's managing director since 2006, was promoted to managing director for the company's Central, Eastern and Southern African (CESA) region.

“I have spent the last 25 years of my life, contributing to and helping to build this great institution of ours – Ecobank," Adjei said. "But the real credit goes to the many great men and women alongside whom I have worked in Ecobank Ghana, the West African Monetary Zone region and Ecobank overall. I have had the privilege of working with the best and brightest in the industry. Together, my leadership team, and the respective boards of directors, have been the pillar of success at Ecobank Ghana, and the West African Monetary Zone region. "

Adjei is a 25-year veteran of the banking industry, working with Ecobank since 1990. In his new role, Adjei will oversee the region's 18 subsidiaries. The promotion will take effect on March 30. 

"Over the last several years, and more so in the last 10 years as managing director, Sam has taken our Ghana subsidiary to unprecedented leadership heights and has given us a franchise that is well-positioned for continued and sustainable success," Ecobank Group CEO Ade Ayeyemi said. "The last 10 years have seen this subsidiary grow exponentially. It has become the most successful and profitable subsidiary, both internally within the Ecobank Group, and externally in the Ghana banking industry. We are confident that Sam will exemplify this success in his new role as Regional Executive for our newly created CESA Region,"

Ecobank Ghana Board Chair Terence Darko agreed.

“Sam is a modest and assiduous gentleman. It has been a pleasure to work and learn from him the business of banking. This is a well-earned promotion."