Togolese holding company Ecobank Transnational Incorporated (ETI) launched an investment banking arm in New York in October as part of a wider operational shake-up at the Ecobank group.
Offong Ambah, chief executive of Ecobank Capital, tells Euromoney that his Paris-based unit will stage a London launch in the next few months once it receives approval from the French regulator for UK operations. Ambah hopes over the longer term to run Ecobank Capital primarily from London, where he is already renting offices.
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