Zenith Bank appoints its first female CEO, Dr. Adaora Umeoji

Zenith Bank, a leading financial institution in Nigeria, has made a historic appointment, appointing Dr. Adaora Umeoji as its new Group Managing Director and Chief Executive Officer. The announcement was made on Tuesday in a statement signed by the company secretary, Michael Otu, and filed with Nigerian Exchange Limited.

The term of office of Dr. Adaora Umeoji will commence on June 1, 2024, following the end of the term of the current GMD, Dr. Ebenezer Onyeagwu, on May 31, 2024.

Marking an important milestone in gender equality in the banking sector, Dr. Adaora Umeoji became the first female GMDCEO in the history of Zenith Bank. This appointment reflects the bank’s commitment to its tradition of executive transition, succession planning and strategy of cultivating leaders from within.

Prior to his promotion, Dr. Adaora Umeoji served as Deputy Chief Executive Officer of Zenith Bank since October 28, 2016. With nearly three decades of experience in the banking sector, including 26 years of With Zenith Bank, she brings a wealth of knowledge and expertise to her new role.

Dr. Umeoji’s academic achievements are equally impressive. She has a bachelor’s degree in Sociology from the school University of Jos and bachelor’s degrees in accounting and law, both with first-class honors, from Baze University, Abuja. In addition, she also has a Master’s degree in Law from the school University of SalfordUK and holds a Master of Business Administration from the school University of Calabar. Dr. Umeoji also holds a doctorate in business administration from the school Apollos UniversityUSA.

Dr. Adaora Umeoji

Furthermore, Dr. Umeoji is also an alumni of prestigious institutions such as Harvard Business School And Columbia Business School, where she completed the Advanced Management Program and in turn received a Certificate in the Global Banking Program. She has also undertaken management programs at renowned universities worldwide, including MIT Sloan School of Management And Wharton School of BusinessUSA.

With extensive experience, unsurpassed expertise and dedication to achieving excellence, Dr. Adaora Umeoji is ready to lead Zenith Bank into a new era of growth and innovation. Her appointment marks a significant milestone for banks and women in leadership roles in the Nigerian banking industry.

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