Ecobank Gets New Managing Director

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Mr. Gilles Guerard, former Managing Director and Chief Executive Officer of Ecobank Rwanda, has now been appointed to serve as the new managing director for the branch of the bank in Liberia.

Guerard took over from Kola Adeleke, who has taken another assignment in Zambia, Lusaka as the new manager in that East African country.

Ecobank capital is responsible for overseeing all Ecobank Group treasury, investment banking and asset, managing businesses across the continent.

As of his appointment, Guerard said, he is committed to enhanced efficiency that will bring about customer satisfactory as well as creating improved shareholder.

He promised to work along with the Government of Liberia as well as the banking sector to improve the economic.

“Kola has done a great job”. Mr. Guerard said he will continue from where Adeleke stop, and will improve on it. He indicated that he will be delicate with customers and within the framework of the Central Bank of Liberia (CBL) regulations

He lauded the outgoing Ecobank Managing Director Kola Adeleke for his contributions to the growth and development of Ecobank-Liberia.

He promised that the bank will do it best to contribute to the economy of Liberia, and will focus on financial inclusion and the development of the capital market. He expressed the hope of having a cordial working support from employees and their partners.

Earlier in his farewell remark at the dinner tendered in his honor at the Monrovia City Hall, Mr. Kola Adeleke said he has learned a lot since coming to Liberia, recalling his time working in the country as “remarkable.”

He explained that over the last five years, his administration made positive contributions to the growth and development of Ecobank-Liberia and to the growth and development of the banking industry in the country.

He disclosed that his administration also over the years contributed immensely to the growth and economy of Liberia, for which his heart will always be with Liberia.

“I have made positive contributions as managing director of Ecobank-Liberia to the growth and development of Ecobank Liberia; to the growth and development of the banking industry, and to the growth and economy of Liberia,” Mr. Adeleke added.

Mr. Adeleke pointed out that Africans owes Africa the responsibility of development and economic growth. For that, he expressed the need for Africans including investment partners on the continent to collaborate efforts that will ensure that the continent is move rapidly to the next level in terms of development, while at the same time, ensuring that capacities of Africans are develop as well.

He urged fellow Africans to drop self interest by rising up to solving the challenges of poverty; because doing so will bring pride to Africa and Africans. “We need to drop our self interest by rising up to solving the challenges of poverty, because doing so will make us proud of the continent we call home,” he stressed.

He said it was also important for Africans to commit themselves to the growth and development of the continent.

He then commended authorities at the Central Bank of Liberia (CBL) for what he referred to as the level of support they rendered the Ecobank.

Mr. Adeleke served the bank in Liberia as it managing director from February 2010 to February 2015.

As a result of some major improvements done under his administration, the management of the bank last Friday held a dinner at which time; Mr. Adeleke and his wife was both shower and decorated with gifts from the bank’s family as well as staffers and friends.

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