• Friday, June 14, 2024
businessday logo


Zenith Bank named ‘Best Corporate Governance Financial Services’ in Africa

Zenith Bank is Nigeria’s largest lender by total asset as valuations remain attractive

Zenith Bank has been named as the ‘Best Corporate Governance Financial Services’ Africa 2023 by the Ethical Boardroom for the fourth consecutive year.

The award which was published in the Spring 2023 edition of The Ethical Boardroom magazine is in recognition of the bank’s adherence to global best practices and institutionalization of corporate governance, setting an industry-wide example of best practices in that field.

Ebenezer Onyeagwu, the group managing director/CEO of Zenith Bank said “I am extremely pleased that Zenith Bank has been awarded the Ethical Boardroom Corporate Governance Award as a regional governance champion for the fourth year running.

“No doubt, the bank’s board has pioneered the exemplary governance culture for which we are now renowned,” Onyeagwu said.

Read also: Pecan unveils mobile, web application to improve financial services to customers

“Indeed, this recognition reflects our steadfast commitment, discipline and high ethos in the conduct of our business and dedication to the principles of good corporate governance.

“This award will motivate us to strengthen this culture internally and advocate for good governance at every forum.”

He dedicated the award to Jim Ovia, the founder and group chairman, for providing the template for an enduring and very successful institution; the board for their vision and outstanding leadership; the staff for their dedication and commitment; and the bank’s customers for their unwavering loyalty to the brand.

Ethical Boardroom is an international magazine that delivers in-depth coverage and critically-astute analysis of global corporate governance issues to help boards stay ahead of the governance curve.

Zenith Bank has been generally adjudged a corporate governance compliant bank by the Nigerian Exchange (NGX) hence its listing on the Premium Board of the Exchange.