Ecobank Kenya Appoints Josephine Anan-Ankomah As New MD

Her appointment has since received clearance from the Central Bank of Kenya, a statement by the Ecobank Kenya said on Monday.

Anan-Ankomah leaves her role as Ecobank Group Executive, Commercial Banking, replacing Cheikh Travaly who retired in December 2022 after 21 years at the bank.

She has served the Bank for the past 30 years in various capacities and replaces Mr Cheikh Travaly who retired at the end of 2022 after attaining the mandatory retirement age of 60 years in accordance with Ecobank Group policy.

Anan-Ankomah, who is a Fellow of the Association of Chartered Certified Accountants, holds an MBA in Finance and a Bachelor of Arts in Economics and Sociology, both from the University of Ghana.

She will be responsible for leading and growing the Bank’s business in Kenya and the wider CESA region constituting 18 out of 33 Ecobank affiliates and one representative office.

Her career in Ecobank began at Ecobank Ghana in 1992 following her appointment as a Treasury Officer. She has held other senior positions within the bank, such as Managing Director for Ecobank Gambia, Regional Treasurer – (Ghana, Liberia, Sierra Leone, Guinea and The Gambia), Chief Operating Officer – (Ecobank West African Monetary Zone/East & Southern Africa).

She had been Head of Corporate Strategy and Business Development (Ecobank Ghana) and Head – Investment Banking Group (Ecobank Ghana).

Anan-Ankomah wields a wealth of experience in treasury management, commercial banking, investment banking and possesses a sharp business acumen that will immensely benefit the Bank.

Ecobank Kenya Board of Directors Chairman, Mr Martin Mbogo, said: “The Board of Ecobank Kenya congratulates Josephine on her appointment. We are confident that Josephine is the right person for the role and has what it takes to further boost the

Ecobank brand in Kenya and the CESA region to even greater heights.

Accepting her appointment, Anan-Ankomah said: “It is an honour to serve as Ecobank Kenya’s Managing Director and Group Executive for the CESA Region. I look forward to working with the Board, management and fellow Ecobankers to grow our business in Kenya and leverage the vast opportunities within the region to actualise Ecobank’s broader vision of fostering financial and economic integration.”