UPDATE 1-Ecobank names Citigroup executive Ayeyemi as new CEO

June 8, 2015 12:02 PM

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ACCRA, June 8 (Reuters) - Pan-African bank Ecobank Transnational Incorporated has named Ade Ayeyemi as its new group chief executive, it said on Monday.

The 52-year-old, currently head of Citigroup's sub-Saharan Africa division, will replace Ecobank CEO Albert Essien who is retiring at the end of June after a tenure that began in March 2014 when the board fired his predecessor Thierry Tanoh.

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