19th March, 2024
By Kazeem Ugbodaga
The Board of Directors of Zenith Bank Plc has announced the appointment of Dr. Adaora Umeoji as the Group Managing Director and Chief Executive Officer (CEO) of the bank.
This is contained in a statement issued by bank’s Company Secretary, Michael Osilama Otu on Tuesday.
The bank said her appointment is with effect from June 1, 2024, subject to approval by the Central Bank of Nigeria (CBN).
Umeoji takes over from Dr. Ebenezer Onyeagwu, whose tenure expires on May 31, 2024.
“The appointment is consistent with the bank’s tradition and succession strategy of grooming leaders from within,” the statement said.
Prior to this appointment, Umeoji has been the Deputy Managing Director of the bank since October 28, 2016 and has close to 30 years cognate banking experience of which 26 years has been with Zenith Bank.
She is an alumnus of the prestigious Harvard Business School where she attended the Advanced Management Program (AMP) and an alumnus of Columbia Business School with a Certificate in the Global Banking Program.
She holds a Bachelor’s Degree in Sociology from the University of Jos, a Bachelor’s Degree in Accounting and a First Class honors in Law from Baze University, Abuja.
She holds a Master of Laws from the University of Salford, United Kingdom, a Master in Business Administration (MBA) from the University of Calabar, and also has a doctorate in business administration from Apollos University, USA.
She holds a Certificate in Economics for Business from the prestigious MIT Sloan School of Management, USA, and has attended various management programmes in renowned Universities around the world including the strategic thinking and Management programme at Wharton Business School, USA.
Umeoji also attended the executive program in Strategic Management, and has a Certificate in Leading Global Business all from Harvard Business School, USA.
She is a fellow of notable professional bodies including the Chartered Banker Institute, UK, Chartered Institute of Bankers of Nigeria, Nigerian Institute of Management, Institute of Credit Administration, Institute of Certified Public Accountants of Nigeria, Institute of Chartered Mediators and Conciliators, and the Institute of Chartered Secretaries and Administrators of Nigeria among others.
In 2022, the Federal Government of Nigeria honoured Umeoji with Officer of the Order of the Niger, as a recognition of her contributions to nation building. She is a Peace Advocate of the United Nations (UN-POLAC).
Umeoji has impacted many lives through her philanthropic and humanitarian activities through her NGOs; Pink Breathe Cancer Foundation and the Adorable Foundation that educates, caters for Cancer patients and indigent children education especially the GirlChild.
Her continuation to humanity was recognized by the Sun Newspaper which recently bestowed on her the Humanitarian Service Icon Award for 2023.
As a result of her passion for promoting professionalism in the banking industry and improving the well-being of the less privileged, Umeoji, founded the Catholic Bankers Association of Nigeria (CBAN), a platform she uses to promote ethical banking and service to humanity.
She is a Lady of the Order of Knights of St. John International (KSJI), and was awarded a Papal Knight of the Order of St. Sylvester by His Holiness Pope Francis.