South Africa’s Public Investment Corp., the biggest shareholder in Ecobank Transnational Inc. (ETI), said it has concerns about the pan-African lender’s chief executive officer, Thierry Tanoh. “We have reservations about Thierry Tanoh,” PIC Chief Investment Officer Daniel Matjila said in a phone interview. The PIC, which owns more than 18 […]
Tag: pan-Africa lender
Ecobank Transnational to Acquire 96% Stake in Mozambique Bank, Banco ProCredit
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Pan-Africa lender, Ecobank Transnational Incorporated (ETI) Monday said its willing to acquire a 96 percent (96%) stake in Mozambique bank, Banco Procredit Mozambique (PCM). This is contained in a joint statement by ETI and ProCredit Holding Germany (PCH). Banco ProCredit Mozambique is a subsidiary […]
Pan-Africa Lender ETI to Reconstitute Board
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Pan-Africa lender Ecobank Transnational Incorporated (ETI) Friday said its set to reconstitute its board of directors. This is coming on the heels of a proposed extraordinary general meeting (EGM) of the bank scheduled for Monday, March 03, 2014 in Lome, Togo. Apart from reconstituting […]
