Share. It is licensed by the Central Bank of Nigeria, the national banking regulator. So, they started with a residential building which they shared with a married couple at Ajose Adeogun Lane, Victoria Island, Lagos. The Zenith Bank Beta Life Promo is a weekly raffle giveaway promo wherein the Bank will give gifts worth N30,000 each to 50 customers every week from July 31, 2020 to July 30, 2021. See Also: Biography & Success Story Of Hakeem Belo-Osagie: Former Chairman Of 9mobile. Today, Zenith bank remains one of the most successful banks in Nigeria. degree in Business Administration from Southern University, Baton Rouge, Louisiana (1977); all in the USA. Biography & Success Story Of Jim Ovia: Founder And CEO Of Zenith Bank. In a time of tension between military and civilian regimes, periods of incredible economic instability, and a decaying infrastructure, Jim founded Zenith Bank in Nigeria. Godwin Emefiele, born August 4, 1961, has been Governor of the Central Bank of Nigeria since June 4, 2014. Your email address will not be published. Emefiele served as a director at Zenith Bank Plc and Zenith Bank (Gambia) Limited. When Jim Ovia first took interest in computers and technology in college, he never thought it would lead him to be the founder of Zenith, the largest bank in Nigeria. The bank also has subsidiaries in Ghana, Sierra Leone, Gambia, South Africa and China. He was 4 years when his father died of a heart attack and had to grow up with a resilient entrepreneurial mother who was now left with the responsibility to carry the household. He initiated a lot of significant innovations to the Nigerian banking sector with his knowledge and experience. No transfers allowed: No transfers are permitted, cash in and cash out only. Jim has always instilled a high level of corporate governance across the Bank; enabling it to achieve a $850 million GDR listing on the London Stock Exchange in 2013. Early life and career. In the Banking industry, Daniel Agamah has 75,009 colleagues in 4,868 companies located in 191 countries. SUBSCRIBE. The group's activity is organized around 3 areas: - retail bank and corporate bank; - investment, financing, and market bank; - life insurance. The Zenith Bank Beta Life Promo is a weekly raffle giveaway promo wherein the Bank will give gifts worth N30,000 each to 50 customers every week from July 31, 2020 to July 30, 2021. Linked companies : Zenith Bank Plc Summary Umar Shuaib Ahmed is on the board of Zenith Bank Plc and Member of Nigerian Institute of Management, Member of Association of National Accountants of Nigeria and Senior Member at The Chartered Institute of Bankers of Nigeria. Jim Ovia was born on November 4, 1951 in Agbor, Delta State. 234 Zenith Bank reviews. Jim Ovia’s contribution to the Nigerian economy has been recognized by successive governments; he was conferred with the national awards of Member Federal Republic (MFR, 2000) and Commander of the Order of Niger (CON, 2011). To further equip himself, he worked as a part-time computer operator at the defunct Baton Rouge Bank and Trust Company. Share. Jim Ovia developed a strong interest in computer science and information technology while studying for a degree in business administration. With our highly in-depth world-class MBA Standard professional bank and investor-ready business plan & feasibility study report writing service, you can finally have the best chance of getting the finance you need for your business to succeed! He is a member of the Lagos State University Governing Council, the Digital Bridge Institute (DBI) and Nigeria’s National Economic Management Committee. Zenith bank was established in May 1990 and commenced banking operations in July of the same year. Linked companies : Zenith Bank Plc Summary Umar Shuaib Ahmed is on the board of Zenith Bank Plc and Member of Nigerian Institute of Management, Member of Association of National Accountants of Nigeria and Senior Member at The Chartered Institute of Bankers of Nigeria. In time, the couple could no longer bear the noise that came with being a bank’s neighbour, and moved out, allowing the bank more room to work. Emefiele has over eighteen years of banking experience. About Zenith Bank 2020, History and Customer Base Sector. USD: the cash Domiciliary zenith bank Account is available and open only to U.S. Even then, it had become glaring to him that technology would change the way business was done in the coming decades. He was at the helm of affairs from inception for 20 years until his resignation in July, 2010. Zenith Bank’s growth under his leadership. Having a dream is one thing. A man of integrity who believes in the power of passion, perseverance, and dedication to duty. In 1990, when Zenith Bank began operations, there were not many buildings explicitly built for commercial or corporate purposes. It is the second most valuable bank in Nigeria as of 2020 with a market cap of about N4.46 Trillion Naira (more than $10 billion) and a 4.4% increase in gross earnings within H1 2019 and H1 2020. When people around the globe think of Africa, they visualize conflicts and war, famine, poverty, and desolation. Under Jim’s leadership, what started with $4 million in shareholders’ funds, grew into one of Africa’s largest banks, an internationally recognized institution with more than $16 billion in assets. Share and tell your friends Tweet 45 SHARES. In Lagos, he began his banking career in 1973 at Union Bank (formerly Barclays Bank), where he worked for three years as a bank clerk before moving to the USA to complete his tertiary education. Spread the loveJim Ovia Net Worth And Biography Jim Ovia Net Worth: Jim Ovia is the founder of Zenith Bank Nigeria PLC, one of the largest commercial banks in Nigeria. See Also: Biography and net worth of Femi Otedola. Zenith Bank is a large financial service provider in Nigeria and Anglophone West Africa. Why the merger: It is not immediately clear why both banks will be considering a merger, however, Union Bank owners Atlas Mara with a 49% stake has been under pressure to exit their African holdings. About Zenith Bank. Zenith Bank Owner The owner of Zenith Bank Nigeria is one of Africa’s finest businessmen, Jim Ovia. Zenith Bank Plc is one of the largest Nigerian banks. Under Emefiele’s leadership, Zenith Bank had strengthened its position as a leading financial institution in Africa, winning recognition and endorsement at home and abroad for giant strides in key performance areas like corporate governance, service delivery and deployment of cutting-edge ICT. At the end of 2018, the group has NGN 3,690.3 billion in current deposits and NGN 1,823.1 billion in current loans. Zenith bank is one of the leading banks in Nigeria. The company is listed on the Nigeria Stock Exchange and the London Stock Exchange. Ovia also founded the Quantum Group, Inc. Career. Some banks that began at the same time were forced to merge or sell out as the years passed but Zenith Bank remained independent and operational. So, there is actually more to Jim Ovia than Zenith Bank Plc, which Nairametrics will uncover in this week’s Founder’s Profile. This article is about the net worth of Jim Ovia, Nigerian business tycoon and one of the richest men in Africa. It is licensed as a commercial bank by the Central Bank of Nigeria, the national banking regulator.As of 31 December 2016, it holds ₦:4,739,825 million in total assets, with shareholders’ equity of ₦:616,353 million. 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