Business Ecobank Announce Enhanced Strategic Agreement With Old Mutual

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The parent company of the Ecobank Group, Ecobank Transnational Incorporated (ETI), has signed a strategic deal with Old Mutual Emerging Markets (OMEM), a part of the Old Mutual Group.

According to a joint statement issued on Friday, the deal is an enhanced strategic agreement that will strengthen existing ties between the leading pan-African bank and the insurance and asset management giant.

Old Mutual Emerging Markets currently has a bancassurance partnership with the Ecobank Group.

This latest agreement will grow the existing strategic alliance by offering seamless insurance services to Ecobank clients across selected countries where the two groups have operations.

Clients will benefit mutually though access to a range of financial services that include life insurance, savings and short-term insurance solutions across a greater network on the African continent.

The agreement is effective immediately.
 

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