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Ecobank scraps director tenure limit, retains retirement age at 70

Ecobank Transnational Incorporated (ETI) has abolished the tenure limit for non-executive directors while retaining the mandatory retirement age of 70, following shareholder approval of a series of…

  • Ecobank removes director tenure limit, keeps retirement age at 70
  • Governance reforms aim to preserve institutional knowledge and board continuity
  • Changes include revised quorum requirements for enhanced accountability

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