NEWS | For Immediate Release
LONDON and LOMÉ, January 18, 2016 – Ecobank, the leading pan-African banking group, and Moody’s Analytics, a leader in financial training, announced today that Moody’s Analytics will provide online training solutions to help enhance the bank’s risk assessment capabilities.
Moody’s Analytics will partner with Ecobank, building a strong performance and vigilant risk culture through a competency-based approach to training. This will complement the bank’s well-developed risk assessment best practices already in place across its network.
Fabien Amany, Group Head, Business Banking at Ecobank, said: “We chose Moody’s Analytics training solution because of the high standard of its content and its ability to meet the unique business needs and credit skills that our teams require. The accessible format and localised nature of Moody’s Analytics programmes will enable us to train a large number of geographically diverse staff quickly and effectively”.
The bank’s Lomé-based Ecobank Academy carried out a comprehensive review and evaluation before choosing Moody’s Analytics. The review determined that the Moody’s Analytics’ comprehensive and customizable curriculum best supports Ecobank’s needs.
Moody’s Analytics customised training will address specific challenges and requirements for Ecobank’s pan-African operations, including the need for flexibility of format, language and content, based on global standards for core competencies.
“Ecobank’s selection of Moody’s Analytics eLearning solution reflects our unique ability to provide the highest standard in financial services skills development in a flexible, efficient and cost-effective format”, says Ari Lehavi, Moody’s Analytics’ Global Head of Training and Certification. “We are honoured to have been chosen to serve the training needs of the leading bank in the dynamic African market”.
Moody’s Analytics offers more than 200 open-enrolment online and classroom courses on finance, lending and credit risk management, customizable for local markets and organisations. The curricula, hosted by Moody’s Analytics or delivered through a custom client learning management system, are available in multiple languages and address US and international accounting and regulatory standards.
For information on Moody’s Analytics online credit training platform, go to www.moodysanalytics.com/elearning.
About The Ecobank Group
Incorporated in Lomé, Togo, Ecobank Transnational Incorporated (‘ETI’) is the parent company of the leading independent pan-African banking group, Ecobank. It currently has a presence in 36 African countries, namely: Angola, Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Congo (Brazzaville), Congo (Democratic Republic), Côte d’Ivoire, Equatorial Guinea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Liberia, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Togo, Uganda, Zambia and Zimbabwe. The Group employs over 20,000 people in 40 different countries in over 1,200 branches and offices. Ecobank is a full-service bank providing wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organizations, medium, small and micro businesses and individuals. Additional information on Ecobank can be found at ecobank.com.
About Moody's Analytics
Moody’s Analytics helps capital markets and risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research and financial risk management. By providing leading-edge software, advisory services and research, including proprietary analyses from Moody’s Investors Service, Moody’s Analytics integrates and customizes its offerings to address specific business challenges. Moody's Analytics is a subsidiary of Moody's Corporation (NYSE: MCO), which reported revenue of $3.3 billion in 2015, employs approximately 10,200 people worldwide and has a presence in 35 countries. Further information is available at www.moodysanalytics.com.