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Zenith Bank Appoints Jim Ovia as Board Chairman

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Pioneer Managing Director of Zenith Bank Plc, Mr Jim Ovia, on Tuesday, made a return to the bank as he was appointed board chairman and non- executive director of Zenith Bank following approval by the Central Bank of Nigeria.

The statement by the bank’s group Managing Director, Mr. Peter Amangbo, states that Ovia takes over from Mr. Steve Omojafor who resigned last month.

Ovia’s appointment took effect on July 16, 2014. Ovia retired from the bank about four years ago following the CBN policy which limited the tenure of banks’ chief executive officers to a maximum of 10 years.

Zenith Bank also appointed Mr. Olusola Oladipo as an Executive Director.

Oladipo, who joined the services of the bank in 1995, had previously worked in First City Monument Bank (FCMB) and Prime Merchant Bank Ltd.

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