Ecobank Transnational Incorporated (ETI) has notified The Nigerian Stock Exchange of the resignation of Mrs Sheila Mmbijjewe from its Board. Mrs Mmbijjewe’s resignation follows her appointment as Deputy Governor of the Central Bank of Kenya. Her replacement on the ETI Board will be announced in due course.

ETI also announced the resignation of Mr. Graham Dempster from its Board, following his retirement from Nedbank. Mr. Dempster has been replaced on the ETI Board by Mr. Mfundo Nkuhlu, Chief Operating Officer and Executive Director of Nedbank.

Mr. Nkuhlu has held his current position with Nedbank since 1st January, 2015. He joined the bank in 2004 and has held other senior positions at the company. Before joining Nedbank, he was the General Manager for Strategy and Planning at the South African Revenue Service.