Money doesn’t like noise.”
Albert Essien, chief executive of Africa’s Ecobank for a little more than six months now, speaks these words with a resigned smile. He knows all too well the truth of the statement he has just repeated.
Ecobank was the boardroom battle that played out in the media. It resulted in an investigation by the Securities and Exchange Commission of Nigeria, the removal of a chairman and the dismissal of the CEO. The bank was in turmoil.
“When you start washing your dirty linen in public, anything can come out,” says Essien.
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