October 29 was no ordinary day for Ecobank Transnational, the pan-African lender that serves many of the world’s most underachieving and underbanked markets.
Months of bickering between board members divided over the future of the bank’s embattled chairman, Kolapo Lawson, and vexed by a near-constant stream of controversies, from chief executive Thierry Tanoh’s bonus to leaked claims of high-level mismanagement, finally came to a head.
This was the fifth such get-together in just three months – this time in Accra, Ghana.
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