"Spio-Garbrah appointed Managing Director for global trade finance body, ECO Capacity Exchange"

" \n Spio-Garbrah appointed Managing Director for global trade finance body, ECO Capacity Exchange \n \n\n \n Ekwow Spio-Garbrah has been appointed as the President for Africa and the Global Managing Director of the global trade finance body, ECO Capacity Exchange (ECO), headquartered in the UK. \n \n\n \n In a press release issued by the firm, the founder and CEO, Mr James Fierro praised him as a renowned Ghanaian who joins ECO after gaining international credibility through numerous high-level global appointments for about 45 years. \n \n\n \n \u201cEkwow has held senior leadership positions for some of the most prestigious global organisations, including Hill and Knowlton, Southwestern Bell, the World Bank\/IFC, the African Development Bank, and the Commonwealth Telecommunications Organisation. He has also been an Ambassador to the USA, and a Minister in four portfolios: Communication, Education, Mines and Energy, and Trade and Industry. He has been a Chief Executive of an intergovernmental organisation, and a Board-member of several international companies. \n \n\n \n \"He is also an entrepreneur who has started and sustained companies and thus has a deep understanding of the various challenges faced by a company with ECO\u2019s global ambitions. Above all, Ekwow has impressed us as a man of very high integrity with a genuine passion and desire to improve the economic and social conditions across the African continent who is dedicated to help Africa realise its enormous potential and deliver on the African Union\u2019s vision of the \u2018Africa we Want\u2019,\u201d said Mr Fierro. \n \n\n \n Commenting on his appointment as ECO President for Africa, Mr Spio-Garbrah said: \u201cThe ECO digital solution has the potential for revolutionising and transforming the African continent. I am excited about ECO\u2019s potential for unlocking the vast potential of Africa, much of whose development has been held up by inadequate resources. By unlocking and freeing-up some of Africa\u2019s unutilized capacity, through a new source of credit, additional resources will be released for Africa\u2019s development. \n \n\n \n Read This: Fast fashion in the U.S. is fueling an environmental disaster in Ghana \n \n\n \n \" I have been an advisor to ECO for some 10 years and have observed first-hand the extensive and thoughtful work and progress the company had made in introducing a truly transformational economic solution for the global economy. Now, I am pleased to come forward to join the ECO team in working to unleash Africa\u2019s tremendous energies and hidden assets.\u201d\u00a0 \n \n\n \n Below is the full statement: \n \n\n \n The UK-headquartered Global ECO Capacity Exchange (ECO), announces the appointment of Ekwow Spio-Garbrah as its President for Africa and Global Managing Director. The ECO digital economy financing solution introduces a transformational economic innovation capable of unlocking immense value from the world\u2019s abundance of underutilised capacity, enabling material economic growth at scale. \n \n\n \n Established in London in 2009, ECO\u2019s business objective is to establish a global marketplace that digitalises and improves the efficiency of the estimated USD 5 trillion of world trade that is currently conducted without using cash. Importantly, ECO also introduces an alternative digital currency, that improves how value can be exchanged between parties in a way that it is more inclusive, equitable and trustworthy. \n \n\n \n Commenting on the appointment of Ekwow Spio-Garbrah, Mr James Fierro, founder and CEO of ECO, lauded him as a distinguished Ghanaian who joins ECO after gaining international credibility through numerous high-level appointments on the world stage for some nearly 45 years. \n \n\n \n \u201cEkwow has held senior leadership positions for some of the most prestigious global organisations, including Hill and Knowlton, Southwestern Bell, the World Bank\/IFC, the African Development Bank, and the Commonwealth Telecommunications Organisation. He has also been an Ambassador to the USA, and a Minister in four portfolios: Communication, Education, Mines and Energy, and Trade and Industry. He has been a Chief Executive of an intergovernmental organisation, and a Board-member of several international companies. \n \n\n \n \"He is also an entrepreneur who has started and sustained companies and thus has a deep understanding of the various challenges faced by a company with ECO\u2019s global ambitions. Above all, Ekwow has impressed us as a man of very high integrity with a genuine passion and desire to improve the economic and social conditions across the African continent who is dedicated to help Africa realise its enormous potential and deliver on the African Union\u2019s vision of the \u2018Africa we Want\u2019,\u201d said Mr Fierro. \n \n\n \n According to Adrian Saunders, ECO\u2019s President for Global Operations, \u201cECO is currently at a very critical stage in its expansion into Africa. Having someone like Ekwow at the helm of our Africa operations, should give very sound assurance to our African and global stakeholders that ECO continues to make tremendous strides. Currently, Ekwow is helping us develop and refine our business plan for our African market entry. \n \n\n \n \"This involves establishing relationships with key stakeholders across Africa. We are impressed with Ekwow\u2019s sound grasp of business issues, his diplomatic skills, his knowledge and training in banking and finance, and his passion for change. Ekwow\u2019s early experience in advertising and marketing, and his reputation as amongst the best communication professionals in Africa, all make him a great asset to our organisation.\u201d \n \n\n \n Mr Fierro states that among the first tasks that Ekwow Spio-Garbrah is helping ECO with, is the establishment of the company\u2019s physical presence in some targeted African countries. This is to begin with the creation of an ECO operational hub in Accra, Ghana, where the African Continental Free Trade Area (AfCFTA) Secretariat has been established. \n \n\n \n Mr Spio-Garbrah is also involved in the planning for some initial visits by ECO delegations to several African countries to introduce the ECO solution to governments and to public and private enterprises in countries which are candidates for the establishment of ECO Hubs and centres of competency. Spio-Garbrah is also assisting in the establishment of an Africa Advisory Council of prominent African men and women who will guide and assist the ECO leadership to take the right decisions on many geopolitical and operational aspects of ECO\u2019s strategy is Africa.] \n \n\n \n Commenting on his appointment as ECO President for Africa, Mr Spio-Garbrah states: \u201cThe ECO digital solution has the potential for revolutionising and transforming the African continent. I am excited about ECO\u2019s potential for unlocking the vast potential of Africa, much of whose development has been held up by inadequate resources. By unlocking and freeing-up some of Africa\u2019s unutilized capacity, through a new source of credit, additional resources will be released for Africa\u2019s development. I have been an advisor to ECO for some 10 years and have observed first-hand the extensive and thoughtful work and progress the company had made in introducing a truly transformational economic solution for the global economy. Now, I am pleased to come forward to join the ECO team in working to unleash Africa\u2019s tremendous energies and hidden assets.\u201d\u00a0 \n \n\n \n ECO has established a robust governance system that involves an innovative mutual structure, ECO World Alliance LLP(EWA), which is responsible for the issuance and ongoing integrity of the ECO, to ensure it has the highest degree of trust and confidence in all aspects of credit allocation, risk, stability and backing. \n \n\n \n EWA serves as a public-private central bank, with the ability to issue the ECO digital currency as a form of credit to facilitate trade among Exchange members. \n "

"Spio-Garbrah appointed Managing Director for global trade finance body, ECO Capacity Exchange"

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