Mobolaji Lawal appointed MD designate of Ecobank Nigeria

Ecobank Group, the leading pan-African banking group, announced that Jubril Mobolaji Lawal has been appointed as Regional Executive and Managing Director designate of Ecobank Nigeria.

Subject to the approval of the Central Bank of Nigeria, the appointment is made ahead of Patrick Akinwuntan’s upcoming retirement, due to his reaching retirement age in January 2022.

Mobolaji Lawal was selected and appointed as Managing Director designate following a keenly contested selection process, which included both internal and external candidates.

What you should know about Jubril Mobolaji Lawal

Mr Lawal joins Ecobank having been a versatile senior banking executive and digital transformation specialist for over 28 years with Guaranty Trust Bank Plc. He has deep involvement and experience in digital and retail banking, corporate and commercial banking, credit risk management and corporate finance.

His previous experience includes being the Executive Director at GTBank Plc Nigeria, and Non-Executive Director roles at both GTBank Ghana Limited and Nigeria Interbank Settlement Systems Plc.

Lawal led the team that envisioned and implemented GTBank Plc’s retail and digital banking strategy to achieve industry-wide leadership over ten years and he introduced new products and solutions that have helped to deepen payments and access to digital financial services in Nigeria.

Mobolaji Lawal holds a Bachelor of Law degree from the Obafemi Awolowo University, Nigeria; B.L. from the Nigerian Law School and a Master of Business Administration from Oxford University, United Kingdom.

He has also attended several executive management and banking specific developmental programmes at leading educational institutions including Harvard Business School, Stanford Graduate School of Business and Institut Européen d’Administration des Affaires (INSEAD).

What they are saying

Commenting on the appointment, Ade Ayeyemi, CEO, Ecobank Group said: “We welcome Mobolaji Lawal to the Ecobank Group and we stand to benefit from the extensive experience that he has acquired in various fields across banking, which will play a major role in continuing to rebuild our franchise in Nigeria.

Nigeria is a key market for us, in which we have seen significant improvement over the past three years as we reposition and leverage upon our pan-African strengths in digital products and services, payments and as the go-to-bank for businesses seeking to grasp the growth opportunities being created by the AfCFTA, across all our markets on the continent. I wish Mobolaji the best and assure him of both my support and that of the entire Ecobank Group.”