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Zenith Bank Appoints First Female GMD/CEO

By Nnaji   | 19 Mar, 2024 10:18:47pm | 234

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Dr. Adaora Umeoji has been appointed as the Group Managing Director/Chief Executive Officer (GMD/CEO) of Zenith Bank Plc. Her appointment which takes effect from June 2024 makes her the first female to lead the bank.

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Umeoji whose appointment is subject to approval of the Central Bank of Nigeria (CBN), is currently serving as the deputy GMD of the bank, a position she occupy since October 28, 2016. She will take over from Dr. Ebenezer Onyeagwu, whose tenure expires on May 31, 2024.

Her appointment which was contained in a statement signed by Company Secretary, Micheal Osilama Otu, is consistent with the bank’s tradition and succession strategy of grooming leaders from within.

“Dame (Dr.) Adaora Umeoji is the first female GMDCEO since the inception of the bank, and her appointment is  consistent with the bank’s executive transition tradition, succession plan, and strategy of grooming leaders from within,” part of the statement read.

According to her profile, Umeoji has close to 30 years of banking experience of which  26 years has been with Zenith Bank. She is an alumnus of Harvard Business School, where she attended the  Advanced Management Programme, 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 honours degree in law from Baze University, Abuja.

She holds a Master of Laws from the University of Salford, United Kingdom, a Master in Business Administration 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.


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