The key principles behind Ecobank’s corporate governance are as follows:

• The parent company, Ecobank Transnational Incorporated (ETI) acts as a "strategic architect" with appropriate involvement in operational management and decision-making at the subsidiaries’ level. It sets the overall strategy and direction of the Group, develops procedures and monitors them through reviews and audits to ensure compliance not only with in-house policy but also with local laws and regulations.
• Operational decision-making is geared towards satisfying the expectations of our customers.
• Individual accountability and responsibility are institutionalized and embedded through empowerment and the granting of relevant levels of authority.
• Coordination at the Group level is achieved through high levels of interaction between parent company and its subsidiaries as well as amongst subsidiaries at Board and executive management levels.
• Clear terms of reference and accountability are laid out for committees at Board and executive levels. There is effective communication and information sharing outside of meetings. The group operates an “open-door” policy.
• Application of group decisions and policies by all Ecobank Group member companies subject to applicable local law and regulation. Where there is a conflict between Group Policy and local laws and regulations, local law and regulations shall prevail.