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Jeremy Awori to Replace Ade Ayeyemi as Ecobank Group CEO

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Jeremy Awori

By Dipo Olowookere

Mr Jeremy Awori has been chosen to replace Mr Ade Adeyemi as the chief executive of Ecobank Group, a statement from the financial institution on Monday has revealed.

Mr Awori was favoured for the position as Mr Ayeyemi prepares to retire as he nears 60 years of age, the disclosure added.

He is joining Ecobank Group following a 25-year-long career in the banking industry, with almost a decade leading Absa Bank Kenya Plc as the CEO & Managing Director.

Before joining Absa, Mr Awori held multiple leadership roles at Standard Chartered Bank across the Middle East and Africa. He brings a wealth of experience, skills, and industry know-how to the Ecobank Group.

He described his appointment as the group CEO of Ecobank as “a great honour,” saying he was humbled by the “opportunity to contribute to the continent’s economic development and financial integration with Ecobank Group.”

The incoming head of the bank’s management team also said he looks forward to “consolidating the transformation of Ecobank, a truly pan-African institution full of talented people while innovating to create value for all Ecobank’s stakeholders.”

The chairman of Ecobank Group, Mr Alain Nkontchou, described Mr Awori as a “highly respected leader in the banking industry with significant achievements in his previous capacities.”

“The board of directors strongly believes that his drive and a strong focus on results will be vital in steering the group in its next phase,” he added.

On the retirement of Mr Ayeyemi, the chairman thanked him for his immense contribution during his seven years at the helm of the Ecobank Group as Group CEO.

“Ade can be rightly proud of his success in leading the implementation of the Roadmap to Leadership strategy, navigating Ecobank through challenges, seizing opportunities, and positioning Ecobank for sustainable long-term growth. Ade’s deep knowledge, unrivalled vision, commitment and infinite passion made all the difference.

“It has been a real pleasure working with him. I count on his continuous support to ensure a smooth transition as we onboard Jeremy Awori as the new Group CEO,” he added.

On his part, Mr Ayeyemi expressed his deep gratitude for the opportunity to lead the Ecobank Group, describing it as a “privilege.”

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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Jobs/Appointments

The Prospects for Tech Career in the Future

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Tech Startups

By Otori Emmanuel

Technology’s capacity to foster growth and development is more apparent than ever. In that, the influence of technology cannot be overstated, from streamlining routine tasks to creating ground-breaking solutions. Technology has been extensively adopted throughout generations, and there is still an expectancy for it to meet future needs.

A growing demand for qualified technologists exists due to how prevalent technology has become. According to a report from the Bureau of Labor Statistics, from 2021 to 2031, it is anticipated that overall employment in computer and information technology occupations would increase by 15%, substantially faster than the average for all occupations. This increase is anticipated to result in the creation of around 682,800 new jobs during the decade.

Many are putting in a lot of effort to maintain their position in the future and avoid becoming obsolete. This involves continuing personal training through online learning resources, giving back to the community, participating in tech forums, and attending conferences that expose one to the various facets of the tech industry.

Gap in the Industry

However, there is now competition across industries for these abilities as a result of the demand for tech skills. To keep the sector prospering, the technology skill gap caused by this competition needs to be closed. With the development of new technologies, workers’ contributions have been affected by the move toward machine learning, robotic engineering, artificial intelligence, cloud services, and decentralized operations.

The difference between what people can do and what employers expect them to be able to do is known as the skills gap. If an employee just knows how to program, yet a technology job role requires knowledge of both internet networking and a programming language, there is a skills gap. Due to this gap, businesses find it challenging to fill open positions. The employee can get better at this by developing the talent they lack.

Therefore, in order to supply services effectively, these new concepts must be acquired and mastered. Many tech professionals have been compelled to learn new ideas, hone their already-existing talents, and take on more difficult tasks to advance their careers because not all of them are knowledgeable in these new tech disciplines.

Tech industry benefits to Individuals

Due to the numerous benefits offered to employees, such as competitive pay, flexible work schedules, health insurance, skill development, paid parental leave, and job security, the tech industry is still enticing. Hence, many people have transitioned into IT from non-technical backgrounds.

Nowadays, many people do online training and obtain certifications to equip them with the knowledge they need to thrive in their employment. This is being done now to protect the future, even though it was rarely done in the past. Others have pursued their interests while working for tech companies without necessarily being “in IT”. The ease of entrance into the tech industry offers insight into how the industry is changing. Many IT experts are willing to work remotely from their homes.

Skills for the Future

Currently, hard skills and Soft skills are two basic skills essential to delivering maximum performance in the tech industry. Hard skills are frequently knowledge-based talents that are exclusive to particular professions, whereas soft skills are frequent and value-based skills that are not connected to particular employment.

Hard skills include, among others:

  • Artificial Intelligence (AI)
  • Machine Learning (ML)
  • Data science
  • Data analytics
  • Data visualisation
  • User Interface/Experience (UI/UX)
  • Software engineering
  • Cloud computing
  • Internet of things (IoT)
  • Cybersecurity
  • Human-Computer Interaction
  • Technical research and writing

Several Soft skills include;

  • Communication skills
  • Leadership skills
  • Team player skills
  • Mentorship skills
  • Work Ethic
  • Empathy
  • Networking skills etc.

Future skills are those abilities that empower people to solve tough problems when situations evolve yet in an organised manner. It comprises hard skills, soft skills, transferable skills and other innovative skills. These abilities are essential for the coordination of formal activities. Some are innate that need to be cultured, while others can be formed through a learning process. They include; Creativity, Decision making and good judgment, Digital literacy and Computational thinking, Cognitive thinking, Collaboration, Management, Cultural intelligence, Financial Intelligence, Emotional intelligence, Automation etc.

In addition to one’s primary training, these abilities are necessary for working in multi-functional teams. Not every skill must be mastered to succeed.

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Buhari Appoints Dembos as NTA Director-General

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Salihu Abdulhamid Dembos

By Modupe Gbadeyanka

Mr Salihu Abdulhamid Dembos has been appointed as the Director-General/Chief Executive Officer of the Nigerian Television Authority (NTA).

Mr Dembos was appointed to the position by President Muhammadu Buhari, a statement issued on Wednesday by Mr Segun Adeyemi, the media aide to the Minister of Information and Culture, Mr Lai Mohammed, disclosed.

Mr Adeyemi quoted his boss as saying that the appointment of the new DG is for a tenure of three years in the first instance.

Until his appointment, Mr Dembos was the Executive Director in charge of Marketing at the NTA.

His career as a media professional spans over 20 years. He has served as General Manager of two NTA stations, in Lokoja and Kano; and as the Zonal Director of NTA, Kaduna, among other appointments.

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Jobs/Appointments

Jaiz Bank Appoints Sirajo Salisu as New MD/CEO

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Jaiz Bank Sirajo Salisu

By Aduragbemi Omiyale

The board of Jaiz Bank Plc has chosen Mr Sirajo Salisu as the new managing director/CEO of the financial institution. He is to replace Mr Hassan Usman, who is retiring from the company.

In a statement on Monday, the firm said the appointment of Mr Salisu takes effect from October 16. The Central Bank of Nigeria (CBN), which regulates the country’s banking industry, approved the new MD/CEO selection.

In the statement, the management and board of Jaiz Bank expressed confidence that his appointment would further strengthen the bank and wished him success.

Before his appointment, Mr Salisu was the executive director in charge of Business Development for the Northern region. He is a certified risk manager (CRM), a fellow in the Institute of Credit Administration (FICA) and an honourary senior member of the Chartered Institute of Bankers of Nigeria (CIBN).

The incoming MD/CEO has over 28 years of practical banking experience, with over a decade at the top management level. He started his banking career in 1992 with Inland Bank Plc as a Supervisor. He rose to Assistant General Manager with First Inland Bank Plc, where he held various managerial positions in Operations, Credit Administration and Business Development, including Regional Manager, FCT Abuja.

In 2009, he was appointed as the MD/CEO of Arab Gambian Islamic Bank (AGIB), a position he held till January 2015.

Mr Salisu joined Jaiz Bank in 2016 and served as the Regional Manager, South while supervising the Treasury Department of the bank. In 2018, he was appointed as the Chief Risk Officer of the company and later elevated to the position of Executive Director of the lender.

He has attended some management and Islamic banking courses within and outside Nigeria as a participant and/or a speaker. He is an alumnus of the prestigious Lagos Business School (SMP 33) and Madinah Institute for Leadership and Entrepreneurship (PALM 11), Kingdom of Saudi Arabia.

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