Thursday, May 22, 2025
30.5 C
Lagos

Ecobank Group Appoints Manekia as Group Exec

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, today announced the appointment of Mr. Amin Manekia as Group Executive of its Corporate & Investment Banking business.

Manekia steps into the position vacated in late 2015 by Mr. Charles Kié, who moved to become Managing Director of Ecobank Nigeria.

A national of Pakistan, Amin Manekia joins Ecobank with 28 years of international corporate banking experience. It includes an excellent grounding in transaction banking, commercial banking, credit risk and general management.

His career spans various business and regional leadership roles across different parts of the world, notably the United States, Eastern Europe, Africa and the Middle East.

Manekia was most recently with Citigroup, where he spent 25 years of his career. He joined Citigroup directly from university in the United States in 1988, moving to South Africa earlier this year as Managing Director and Africa Head for Citi Securities & Banking. In this role, he successfully led Citibank’s Institutional Clients business.

Before his move to South Africa, Manekia spent two transit years at the Samba Financial Group in Saudi Arabia. There, he was the executive responsible for rebuilding the Kingdom of Saudi Arabia’s corporate banking portfolio following the financial crisis. Prior to this, he held various positions with Citibank in different businesses and regions.

These included his Nairobi-based role as Managing Director & Banking Head for East and Southern Africa, with business management responsibilities for corporate banking for that region. In 2007, he was the Commercial Banking Head across Citibank’s Africa platform.

As Citibank Country Head for Bulgaria from 2004 to 2007, Manekia successfully led the execution and development of a transformation strategy, which he achieved by quadrupling the bank’s business revenue base within his three-year tenure.

In 1993, he relocated from New York to Pakistan, where he worked on the origination side of the business. During his six-year tenure in Pakistan, he held a series of corporate banking roles in Karachi and Lahore.

Manekia’s appointment as Group Executive of Ecobank’s Corporate and Investment Banking business takes effect from 4 July 2016.

He will report directly to the Ecobank Group CEO and be responsible for the following business lines: Corporate Banking Group; Transaction Service Group; Investment Banking Group; Fixed Income, Currencies & Commodities (Treasury); and Securities, Wealth and Asset Management.

spot_img
spot_img
spot_img

Hot this week

BudgIT Uncovers N7tn Projects Inserted by NA in 2025 FG Budget

BudgIT, a civic tech organisation promoting transparency and accountability...

Life Insurance Explained: Why Staying the Course Matters More Than Early Withdrawal

In response to recent media inquiries highlighting common misconceptions...

NCC Pays Courtesy Visit to NCA in Ghana

L-R: Executive Vice Chairman/ Chief Executive Officer, Nigerian Communications...

SanlamAllianz Nigerian Integration Sparks Industry Interest

Two of the biggest names in global and African...

FG: Economic Reforms Driving Growth, Investor Confidence

The Minister of Budget and Economic Planning, Senator Abubakar...

Topics

Access Bank, SaltinGStein Unveil Winbundle Airtime2Win Initiative

L - R: Simi Daphne Adeoye VP Business Development and...

Emirates Group Reports $12.6bn 2015 Half-year Revenue

The Emirates Group has announced its half-year results for 2015-16, showing continued business growth and a strong performance. The Emirates Group revenue reached AED 46.1 billion (US$ 12.6 billion) for the first six months of its 2015-16 financial year, down 2.3% from AED 47.2 billion (US$ 12.9 billion) during the same period last year, reflecting the impact of the strong US dollar against major currencies. The Group marked one of its best half-year profit performances ever, with net profit rising to AED 3.7 billion (US$ 1.0 billion), up 65% over the last year’s results.

Tinubu Commends Tolaram for Reposing Confidence in Nigeria’s Economy

President Bola Ahmed Tinubu has commended the Indonesian business...

Allianz Nigeria Delivers on 60 Minutes Motor Claims Settlement

  Allianz Nigeria makes good her promise to settle motor...

CBN Orders MTN to Stop Dividend to Bank Shareholders

The Central Bank of Nigeria (CBN) has issued an...

Experts to Discuss Infrastructure Financing at FICAN Conference

The President/Chief Executive of the Africa Finance Corporation (AFC),...

Lagos State, WACOT Sign MoU on Imota Rice Mill

L-R: Partner, Banwo & Ighodalo, Azeezah Muse-Sadiq; Head, Corporate...

ADB Ranked 4th Best Company to Work for in Africa

The 2018 Careers in Africa Employer of Choice Survey has...
spot_img

Related Articles

Popular Categories

spot_imgspot_img