Ecobank Kenya Appoints Josephine Anan-Ankomah As New Managing Director

Ecobank has appointed Ghanaian career banker Josephine Anan-Ankomah as Managing Director for its Kenya operations and Regional Executive for Central, Eastern, and Southern Africa (CESA).

She succeeds Cheikh Travaly, who will retire at the end of 2022 after reaching the mandatory retirement age of 60, according to Ecobank Group policy.

Ankomah has 30 years of experience in treasury management, commercial banking, and investment banking, according to the pan-African lender.

Martin Mbogo, Chairman of the Ecobank Kenya Board of Directors, said in a statement that her appointment had been approved by the Central Bank of Kenya.

“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. She is a leader with a proven track record of execution, great leadership skills and a deep understanding of customer dynamics, our products, and markets,” he said.

Before her new appointment, Anan-Ankomah was Ecobank Transnational’s Group Executive, Commercial Banking.

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.

Ankomah has been with Ecobank since 1992 holding senior positions within the bank.

She has served 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), Head of Corporate Strategy and Business Development (Ecobank Ghana) and Head – Investment Banking Group (Ecobank Ghana).

“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,” said Anan-Ankomah.