Ecobank Group CEO Named ‘African Banker of the Year’

Ecobank Group CEO Albert Essien won this week the African Banker of the Year award at the 9th edition of the African Banker Awards in Abidjan, Côte d’Ivoire, in the margins of the 2015 African Development Bank Annual Meetings.

The award recognises the contribution of individuals in management positions, and best practices in African banking.

Essien was one of five contenders for the African Banker of the Year award. Others chief executives competing were Segun Agbaje of Nigeria’s GT Bank, Paulo Alexandre Duarte de Sousa of Banco Comercial e de Investimentos of Mozambique, Charles Kimei of Tanzania’s Cooperative Rural Development Bank Bank plc and Tariq Sijilmassi of Morocco’s Groupe Credit Agricole.

TANZANIA BUSINESS & INVESTMENT GUIDE 2026

Accepting the award, Essien said: “I am deeply honoured to receive this award. It comes as a surprise to me because although I have worked for Ecobank for the last 25 years, I have only been Group CEO for just over a year. I therefore accept this award on behalf of the staff of Ecobank, for they are the ones to whom I attribute the real success of our institution in its service to the people of our continent.”

Albert-Essien-ecobank-group

The award is the second received within the group this month. On the 22nd of May Ecobank was named African Retail Bank of the Year at the Global Retail Banking Awards ceremony in London.

The bank also received a nomination in last night’s African Banker Awards in the Best Retail Bank of the Year category.

Ecobank is the leading pan-African bank with operations in 36 countries across the continent, more than any other bank in the continent.

Ecobank started operations in Tanzania in January 2010 and has since grown to include 9 branches across the country.

Related Posts
TANZANIA BOT NON-INTEREST ISLAMIC BANKING REGULATIONS
Read More

Tanzania Issues New Regulations for Islamic Banking Operations

The Bank of Tanzania (BOT) has issued new regulations establishing a comprehensive legal framework for Islamic banking and non-interest banking windows in Tanzania. The rules cover licensing, governance, Shari’ah compliance, financing structures, disclosure, and treatment of non-permissible income.
Tanzania Rwanda TIPS RSwitch cross-border instant payments
Read More

Tanzania and Rwanda Begin Linking National Payment Systems to Enable Instant Cross-Border Transfers

Tanzania and Rwanda have begun linking their national payment systems, Tanzania’s Instant Payment System (TIPS) and Rwanda’s National Payment Switch (RSwitch), to enable instant, low-cost cross-border transfers. The initiative, supported by the EAC and World Bank through the Eastern Africa Regional Digital Integration Project (EARDIP), advances regional financial integration and real-time payment connectivity in East Africa.
Tanzania CRDB Bank FinDev Canada KFW DEG
Read More

CRDB Bank Signs Over TZS 300 Billion Strategic Partnerships With International Financial Institutions to Expand Lending to SMEs

CRDB Bank has signed over TZS 300 billion in partnerships with FinDev Canada, DEG, and Shelter Afrique Development Bank to expand lending to small and medium enterprises, particularly those led by women and focused on climate-resilient projects. The partnerships also include financing through CRDB’s subsidiary in the Democratic Republic of Congo to support affordable housing, advancing financial inclusion and sustainable development across Africa.