In the Banking industry, Daniel Agamah has 75,009 colleagues in 4,868 companies located in 191 countries. Jim Ovia’s contribution to the Nigerian economy has been recognized by successive governments; he was conferred with the national awards of Member Federal Republic (MFR, 2000) and Commander of the Order of Niger (CON, 2011). Jim Ovia is the founder and pioneer Group Managing Director / CEO of Zenith Bank Plc, Nigeria’s largest and Africa’s 6th largest bank by Shareholders’ Funds. About 1,500 students have earned university scholarships courtesy of Jim Ovia Foundation. as of 11/18/15 Jim Ovia is the founder of Zenith Bank, one of the largest commercial banks in Nigeria. Even then, it had become glaring to him that technology would change the way business was done in the coming decades. He served as Chief Executive officer and Group Managing Director of Zenith Bank Plc. Biogaphy and Net Worth of Jim Ovia Jim Ovia is a Nigerian businessman and the founder of Zenith Bank. (www.abndigital.com)This week on Captains of Industry we speak to one of Nigeria's leading businessmen.Jim Ovia co-founded Zenith Bank back in 1990. Beginnings . But Jim is redefining that narrative and illustrating the Real Africa behind the headlines. So, they started with a residential building which they shared with a married couple at Ajose Adeogun Lane, Victoria Island, Lagos. And as the man who took Zenith Bank from a $4 million investment to a $16 billion global banking institution, Jim is living proof of exactly this. About Zenith Bank – Are you looking for a bank that considers you and your business; making sure you bank with them at your own convenience? Your email address will not be published. Zenith Bank are the title sponsors of the Women’s Basketball League, Delta State Principals’ Cup, NFF Future Eagles competition and also one of the sponsors of the Super Eagles. Realizing the importance that education played in his success, he established the Jim Ovia Foundation. The raffle draws will hold on Fridays. Share. He is the chairman and largest individual shareholder with a stake of slightly more than 9% … The latter was sold to MTN, Africa’s largest telco, for an undisclosed sum in 2015. He later attended the University of Louisiana at Monroe, where he bagged his Masters degree in 1979. As of 31 December 2019, it holds $16.1bn in total assets, with shareholders' equity of $854 million. Jim Ovia returned to Nigeria after his university education and joined a branch of Union Bank of Nigeria for his National Youth Service Corps at 121 Broadstreet, Victoria Island. Dollars. About Zenith Bank 2020, History and Customer Base Sector. Stocks like BUA Cement Plc, Zenith Bank Plc, Access Bank Plc, NEM Insurance Plc and NPF Microfinance Bank Plc helped drive the market’s upward trajectory. Zenith Bank Founder, Jim Ovia Biography & Net Worth 2017 By Ayeni Tolulope. Biography & Success Story Of Jim Ovia: Founder And CEO Of Zenith Bank Having a dream is one thing. The deregulation gave the exclusive right to start a bank to foreign global financial institutions, federal or state institutions and certain Nigerians. It is his goal to help transform our vision of Africa from “the Hopeless Continent” to a collection of “Rising Nations.”. Jim further went on to work for the International Merchant Bank (IMB) in 1980, after his compulsory youth service year, where he worked his way up from the position of a financial analyst to the bank manager. In the Banking industry, Adaora Umeoji has 75,086 colleagues in 4,870 companies located in 191 countries. At the end of 2018, the group has NGN 3,690.3 billion in current deposits and NGN 1,823.1 billion in current loans. Zenith Bank Owner The owner of Zenith Bank Nigeria is one of Africa’s finest businessmen, Jim Ovia. Zenith Bank is a large financial service provider in Nigeria and Anglophone West Africa. Under his leadership, Zenith Bank grew into the biggest and one of the fastest developing banks in Nigeria. Ovia’s unique interest in technology was a major factor that worked in favour of the bank, as he was well ahead of others in that respect. When people around the globe think of Africa, they visualize conflicts and war, famine, poverty, and desolation. The raffle draws will hold on Fridays. Tweet. Godwin Emefiele, born August 4, 1961, has been Governor of the Central Bank of Nigeria since June 4, 2014. With his inspirational and instructive tone, he is the mentor today’s aspiring entrepreneurs need. Emefiele served as a director at Zenith Bank Plc and Zenith Bank (Gambia) Limited. Zenith Bank is Nigeria’s largest bank by profits and second by total assets and could increase its size significantly further with a potential acquisition or merger of this magnitude. Linked companies : Zenith Bank Plc Summary Umar Shuaib Ahmed is on the board of Zenith Bank Plc and Member of Nigerian Institute of Management, Member of Association of National Accountants of Nigeria and Senior Member at The Chartered Institute of Bankers of Nigeria. He is the chairman and largest individual shareholder with a stake of slightly more than 9% stake. Zenith Bank unveils the Zenith Beta Life Promo where 50 customers stand a chance to win 30,000 naira worth of gifts every week beginning from … Private institutions were required to provide a chief executive with at least ten years of banking experience, raise the capital necessary and set up the requisite physical and governance structure, and Jim Ovia qualified for all of this. There is no gainsaying the fact that Mr. Amangbo has contributed immensely towards the development of Zenith Bank Plc, since his assumption of office in 2014. Share. The tenacity of purpose is supreme, and as long as you have a goal and work towards it no matter what, you’d have a far higher chance of succeeding than others who simply dream about theirs. Ovia founded Zenith Bank in 1990 and was the CEO up until 2010 when he retired and conferred the title of chairman to someone else. He is currently the Chairman and majority shareholder of Zenith General Insurance Limited, Nigeria’s most profitable general insurance company. Share. (www.abndigital.com)This week on Captains of Industry we speak to one of Nigeria's leading businessmen.Jim Ovia co-founded Zenith Bank back in 1990. The bank … He was the recipient of a Nigerian national honour. The bank also has subsidiaries in Ghana, Sierra Leone, Gambia, South Africa and China. Around the globe, Jim Ovia is known as a man of integrity, courage, determination, and action. Zenith bank was established in May 1990 and commenced banking operations in July of the same year. Some are backed up by larger financial organizations, such as SSQ Insurance and Genworth Financial, who also offer life insurance and other financial/banking products. It is the second most valuable bank in Nigeria as of 2020 with a market cap of about N4.46 Trillion Naira (more than $10 billion) and a 4.4% increase in gross earnings within H1 2019 and H1 2020. Jim Ovia had transformed Zenith Bank, a small commercial bank into a financial service conglomerate. Share. Guo Wengui (Chinese: 郭文贵; born May 10, 1970—self claim or October 5, 1968), also known under the names Guo Wen Gui, Guo Haoyun (郭浩云), Miles Guo, and Miles Kwok, is an exiled Chinese billionaire businessman who became a political activist and controls Beijing Zenith Holdings (via proxy people Li Lin and Jiang Yuehua), and other assets. An avid fan of iconic architecture, he developed the Civic Centre and Aquamarine Boat Club to exploit Nigeria’s burgeoning hospitality sector. Comments. Jim Ovia was born on November 4, 1951 in Agbor, Delta State. Jim Ovia attended Southern University, Louisiana, USA where he bagged a … He is the chairman and largest individual shareholder with a stake of slightly more than 9% … See Also: Biography and net worth of Femi Otedola. With persistence, constant learning, innovation, and a readiness to exploit opportunities as they present themselves, you too, could someday be as successful as Jim Ovia. Zenith Bank’s growth under his leadership. Ovia also founded the Quantum Group, Inc. Jim Ovia is the founder of Zenith Bank, one of the largest commercial banks in Nigeria. 25,841 executive movements have been recorded in the last 12 months. This list of his accomplishments and achievements is testament to precisely that character. Why the merger: It is not immediately clear why both banks will be considering a merger, however, Union Bank owners Atlas Mara with a 49% stake has been under pressure to exit their African holdings. He is also a Non-Executive Director at Zenith Securities Limited, which is a subsidiary of Zenith Bank Plc. The Zenith Bank Beta Life Promo is a weekly raffle giveaway promo wherein the Bank will give gifts worth N30,000 each to 50 customers every week from July 31, 2020 to July 30, 2021. Zenith Bank Plc is one of the largest Nigerian banks. He currently holds a Master’s degree in Business Administration from the University of Louisiana, Monroe, Louisiana (1979) and a B.Sc. Tag: biography of the owner of zenith bank. Jim founded Zenith Bank Plc in 1990 and has held the position of Chief Executive Officer until 2010. See Tommy Jacobson's compensation, career history, education, & memberships. But Jim Ovia had a life (outside) his banking career, and has built businesses and mentored people. Follow us. Welcome to Zenith Bank Plc. He was reappointed the Chairman of the bank in 2014. He is a businessman of repute who in 1990, founded Zenith Bank. 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