Zenith Bank Plc is a prominent financial Company in Anglophone Western Africa and Nigeria. By the national banking regulator, the Central Bank of Nigeria Zenith Bank has been accredited as a commercial bank. It is listed on the London and Nigeria stock exchange.
Registered name- Zenith Bank
Type- Public limited company
Founder- Jim Ovia
Founded- 1990
Location- Zenith’s Heights, plot 83, Ajose Adeogun street, Victoria Island, Lagos State, Nigeria
Subsidiaries – Zenith bank ( Ghana) Limited
Zenith bank ( Sierra Leone) Limited
Zenith bank ( Gambia) Limited
Zenith bank (UK) Limited
Representative office in The People’s Republic of China
Key people- Ebenezer Onyeagwu ( CEO)
Industry- Banking and Finance
Area served- Nigeria, China, Ghana, Sierra Leone, South Africa, UK.
Assets- $22,212 million (Dec 2020)
Services- Banking and Finance
Customer Base- Oil and Gas
Power and Infrastructure
Entertainment
ICT and Telecommunication
Transport, Aviation and Shipping
Commodities and General Commerce
Real Estate, Construction and Building
Website- www.zenithbank.com
Email – [email protected]
Instagram – @zenithbankplc
Twitter – @ZenithBank
Customer care – 012787000
WhatsApp no – +234- 7040004422
Facebook – Zenith Bank Plc
USSD Code – *966#
About Zenith Bank
Zenith Bank was founded in May 1990 by Jim Ovia, and started banking operations in July 1990 with a start up capital of $4 million, during a time of Government liberation of the banking sector where over twenty banking licenses were granted to investors by central bank in a year. Zenith Bank started operations using a residential house in Victoria Island which was later refurbished to a banking hall, the head office has remained in Lagos, Victoria Island having over 500 branches and business offices across Nigeria. Zenith Bank increased it’s capitalization to 500 million naira in 1997, following a directive for banking industries to shore up their startup capital. Zenith Bank has always experienced rapid growth since inception. Zenith Bank accepted the use of the internet for promotion of the use of online banking by customers and marketing of financial services, this making Zenith bank one of the earliest companies to adapt to internet banking. Subsequent to the successful Initial Public Offering, Zenith bank became a public limited company on 17th June, 2004 and was listed on Nigerian stock exchange on 21st October, of the same year. In 2013 on the London stock exchange Zenith bank listed $850 million worth of it’s shares at $6.8 each. In March, 2007 Zenith was accredited by Financial Service Authority (FSA) of the United Kingdom to establish Zenith Bank (UK) Limited as a subsidiary of Zenith Bank United Kingdom. The bank has grown to be one of the leading financial institutions in Nigeria and Africa at large as it ranks 12th in Africa with total assets of $22,212 million as at December 2020.
Mission
To build the Zenith brand into a reputable financial institution, recognized for innovation, superior performance and creation of premium values for all stakeholders.
Vision
To become leading Nigerian, technology-driven financial institution that provides distinctive range of financial services. This we can say has been achieved as Zenith bank is listed as Best Bank in Nigeria.
Core Values
- Integrity
- Professionalism
- Cooperate governance
- Loyalty
- Excellent service
Services
Major services include:
- Trade services and foreign exchange
- Commercial and consumer banking
- Cooperate and investment banking
- Treasury and Cash management
- Personal and private banking, while others include
Pension Management, Capital market dealings, Trusteeship, Mortgage and financial advisory services, Registrar and other non-bank financial services mainly through subsidiaries. Zenith Bank debit card provides 24 hours account access from over 200 countries around the world.
Achievements and Awards
- This Day Award of Excellence – Most Cooperate Socially Responsible Company in Nigeria.(2007)
- Africa Investor – Africa’s bank of the year.(2007)
- African banker – Most Cooperate Socially Responsible Bank in Africa.(2007)
- Nigerian Stock Exchange – Quoted Company of the year.(2007)
- Federal Inland Revenue Service – Best collecting Bank(2007)
- KPMG – Most Customer-Focused Bank (2008, 2013,2014,2015,2016)
- African Bankers Award – Best Global Bank.(2008)
- Euromoney – Best Bank in Nigeria(2008)
- Vanguard Bankers’ Award – Best Bank in ICT and Best Bank in Export Finance(2008)
- This Day Award of Excellence – Bank of the year, Corporate Citizen of the year and CEO of the year (2008)
- African Business – Largest Bank in Nigeria and West Africa by (market cap (2012)
- World Finance London – Best Bank in Cooperate Governance in Nigeria (2012,2014,2015,2016,2017, 2018)
- The Banker Magazine London – Biggest Bank in Nigeria and 322 in the World(2012)
- Forbes and CNBC Africa – 3rd Biggest Company in West Africa.(2012,2014)
- African Investor – Best Performing Ai 40 Company(2012)
- Capital Finance International (CFI) – Best Commercial Bank in Africa(2012,2013)
- Global Banking and Finance Review – Best Bank in Nigeria.(2013)
- Business Day Banking Awards, Nigeria – Bank of the year(2013,2014,2017, 2019)
- African Development Magazine – CEO of the year(2013)
- Hallmark Newspaper – Bank of the year(2013)
- Champions Newspaper – Bank of the year(2013)
- The Banker Magazine – Biggest Bank in Nigeria by tier-1 Capital(2013,2014, 2015,2019, 2020, 2021
- GTR African Leaders in Trade – Best Local Trade Finance in Nigeria.(2013,2014
- World Finance Banking Awards London – Best Commercial Bank in Nigeria(2013,2016, 2019, 2021)
- International Finance Magazine – Best Commercial Bank Nigeria and Best Cooperate Governance Nigeria (2015)
- Global Banking and Finance – Best Customer service Bank Nigeria and Best Cooperate Governance Bank (2015)
- Admission into the Nigerian Stock Exchange’s Premium Board (2015)
- The Banker London – Most Valuable Banking Brand in Nigeria (2017, 2018, 2019, 2020, 2021)
- SERAS Award, Nigeria – Best Institution in Sustainability Reporting in Africa (2017,2018)
- Business Day Newspaper Nigeria – Best Customer service Bank (2017)
- Ethical Boardroom, London – Best Cooperate Governance ‘financial services’ Africa (2018, 2020,2021)
- Tribune Newspaper, Nigeria – Most Innovative Bank of the year (2019 )
- Pearl Awards, Nigeria – Sectorial Leadership ( financial services) (2019)
- Business Day Newspaper, Nigeria – Best Bank in Retail Banking (2019,2020)
- SERAS Award, Nigeria – Best Company Promoting Good Health and Well-being (2019, 2020)
- The Banker Magazine – Bank of the year (2020 )
- Global Finance Magazine – Best Bank in Nigeria (2020, 2021)
- Thisday Newspaper – Bank of the Decade ( people’s choice, 2020)
- Independent Newspaper, Nigeria – Bank of the year (2020
- SERAS Award, Nigeria – Best Company in Promotion of Gender Equality and Women Empowerment (2020)
Zenith bank has been able to sustain high level of consistency as observed with the numerous recurring awards. The bank has clearly distinguished itself through unique customer experience and superior quality service as the bank is easily identified as best in all ramifications. Zenith bank grew it’s shareholders find of $20 million in 1990 to $704.50 billion as at 2016 after about 26 years.
Board of Directors
- Jim Ovia CON – Chairman
- Ebenezer .N. Onyeagwu – CEO
- Adaora Umeoji PhD. – Deputy Managing Director
- Umar Shuaib Ahmed – Executive Director
- Dr. Temitope Fasoranti – Executive Director
- Mr. Dennis Olisa – Executive Director
- Mr. Henry Oroh – Executive Director
- Professor Chukuka Enwemeka – Non-Executive Director
- Jeffery Efeyini – Non-Executive Director
- Gabriel Ita Asuquo Ukphe – Independent Non-Executive Director
- Engr. Mustapha Bello – Independent Non-Executive Director
- Dr. Al-Mujtaba Abubakar – Independent Non-Executive Director
- Omobola Ibidapo-Obe Ogunfowora (PhD) – Independent Non-Executive Director
