Ecobank Transnational Incorporated (ETI or the Company), the parent company of the Ecobank Group, has appointed Dr. Aasim Ahmad Qureshi to its Board of Directors as a Non-Executive Director and nominee of Qatar National Bank, and to replace Mr. Abdulla M. Al Khalifa on the Board of Directors of the Company.
Dr. Aasim has over 20 years’ experience in senior positions across investment banking, law and medicine. He is currently Managing Director, Investment Banking at QNB Capital LLC, and holds a Senior Executive position in QNB Capital in London and Paris. He is also a member of the Investment Committee of a multi-million-dollar Qatar Central Bank Regulated Fund and oversees a significant European real estate portfolio. Prior to joining QNB Group in 2008, he was an investment banker at Nomura Code Securities Limited and a lawyer with CMS Cameron Mckenna LLP advising private and listed corporate clients. He holds various postgraduate qualifications in Law, Management and Medicine.
He has significant capital market experience having raised over US$50 billion in corporate and sovereign bonds and US$4.5 billion in primary and secondary Initial Public Offers. He is a highly experienced adviser to private and listed companies on all aspects of corporate financing strategies, oversees Mergers and Acquisitions transactions from origination to close and manages complex corporate restructurings.
Dr. Aasim replaces Mr. Abdulla M. Al Khalifa as Qatar National Bank’s nominee, who had been on the ETI Board since 2015.
Ecobank has also announced the resignation of Mr Daniel Matjila as a non-executive director of the company, a company he has held since 2012 as the nominee of the Public Investment Corporation where he served until recently as Chief Executive Officer.