CORPORATE NEWS: Ecobank's new partnership, PZ Cusson new director.

ECOBANK AIMS AT ONE STOP

ECOBANK Transnational Incorporated (ETI) is aiming to offer its customers across Africa one stop shop for financial services by signing a new agreement with Old Mutual Emerging Markets (OMEM) to grow existing cooperation.
According to s release from ETI, OMEM which is a member of the Old Mutual group, already had a working relationship on product offerings.
This partnership, says the release, will now " grow this relationship across selected countries where the two groups have operations " Hence, through it Ecobank  customers will have access to a range of financial services including life insurance, savings and short term insurance solutions.
The chief executive officer of ETI, Mr Ade Adeyemi is quoted as saying of the new agreement: "This is a productive and valued partnership between two pan- African institutions to provide complete financial services solutions to our customers"
On his part, the CEO of OMEM Mr Ralph Mupita reportedly said: "It is in our mutual interest to ensure that this alliance grows from strength to strength as we now look to complement Ecobank  range of banking services with Old Mutual trusted financial products".

PZ CUSSONS NEW DIRECTOR

Mallam Dahiru Muhammad has been appointed non executive director of PZ CUSSONS Nigeria PLC with effect from May 12, this year.
He parades Bsc Hons in economics from Ahmadu Bello University, Zaria, and post graduate certificate and MSc  from Vanderbilt University, Tennessee, USA.
His working career took off in 1972 in the North Eastern civil service as assistant administration officer before having a ten year stint lecturing at the College of Arts and science, Maiduguri.
He later moved to Bank of the North rising to be an assistant general manager before pitching tent as New Africa Merchant bank as CEO from 1989 to retirement in 1994.
He later set up the Ardo group of companies which presently comprises Ardo Investment ltd; Ardo plastics and Ardo oil and gas limited.
From 2005 to 2013 he was a non executive director of the Central Bank of Nigeria.

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