Zenith Bank Makes History with First Female CEO

Last Updated on Mar 20th, 2024
Dr. Adaora Umeoji

Zenith Bank Plc, a leading financial institution in Nigeria, has announced a historic move with the appointment of Dr. Adaora Umeoji as its first female Group Managing Director and Chief Executive Officer (GMD/CEO).

This was disclosed in a statement signed by the Company’s Secretary, Michael Otu, on Tuesday.

Dr. Umeoji’s tenure will officially begin on June 1, 2024, succeeding the current GMD, Dr. Ebenezer Onyeagwu, whose term concludes on May 31st.

Zenith Bank in a statement filed with the Nigerian Exchange Limited, stated that Dame (Dr.) Adaora’s extensive experience and qualifications made her a perfect fit to lead the bank into the future.

Dr. Umeoji brings a wealth of knowledge to the role, having served as Zenith Bank’s Deputy Managing Director since 2016.

The new CEO boasts a distinguished academic background, holding a bachelor’s degree in Sociology, a bachelor’s degree in Accounting, and a first-class honors degree in Law.

She also has a Master of Laws, an MBA, and a Doctorate in Business Administration.

Her appointment serves as a powerful inspiration for women across Nigeria’s financial sector, demonstrating the limitless possibilities for leadership excellence.

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