Zenith Bank Plc has appointed Dame Adaora Umeoji as the Group Managing Director/Chief Executive Officer (GMD/CEO), effective June 2024.

She is the first female to lead the bank.

Her appointment is, however, subject to the approval of the Central Bank of Nigeria (CBN).

She will take over from Dr. Ebenezer Onyeagwu, whose tenure expires on May 31, 2024.

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With the appointment, Adora becomes the first female to lead the bank, where she currently serves as the deputy GMD.

Zenith Bank prefers to appoint insiders as Group Managing Directors/Chief Executives.

The Board of Zenith Bank Plc recently announced the reappointment of Dame (Dr) Adaora Umeoji as the Deputy Managing Director of the bank after she was initially affected by the ban director tenure limitation under Godwin Emefiele.
According to the statement signed by Micheal Osilama Otu, the Company Secretary the appointment is consistent with the bank’s tradition and succession strategy of grooming leaders from within.