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Ecobank Transnational Overhauls Board Governance Policies

Ecobank Transnational Incorporated (ETI) has secured shareholder approval to overhaul its corporate governance framework. Key changes include the removal of tenure limits for non-executive directors, while maintaining the mandatory retirement age of 70. Additionally, the bank will reduce its maximum board size from 15 to 12 members and update quorum requirements for both general and board meetings to enhance decision-making agility and accountability. These reforms await final regulatory approval.

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