New Zenith Bank GMD, Onyeagwu Visits NSE; Pledges Transparency In Disclosure

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Wednesday, July 24, 2019 /  06.00PM /  Ottoabasi Abasiekong  for Proshare WebTV / Header Image Credit: NSE

 

The New Group Managing Director/ Chief Executive Officer of  Zenith Bank Plc, Mr Ebenezer Onyeagwu, has assured the Nigerian capital market, that the bank will maintain transparent in its financial disclosures. 

Mr Onyeagwu disclosed this at a familiarization visit to the Nigerian Stock Exchange, NSE, alongside his management team. 

Onyeagwu commended the dealing members for their resilience and immense contribution to the development of the market and the economy. 

The new Zenith GMD paid tribute to the visionary leadership of the Chairman and Founder of Zenith Bank, Mr Jim Ovia who laid the foundation for the emergence of a reputable financial institution with global acclaim, through the application of technology in offering premium services and creating unique value in the financial market. 

In terms of the vision of the bank, Mr Onyeagwu said he was not going to change a winning strategy which has been sustained by his predecessors Mr Godwin Emefiele and Mr Peter Amangbo. 

He promised to uphold the strong legacy and pedigree of the bank and focus on delivering outstanding performance and rewarding shareholders. 

The Zenith Bank boss said the new leadership was not scared of competition and stressed that it will explore collaboration where necessary to drive its services. 

Speaking further he was optimistic that despite economic headwinds and volatility at the domestic and global level, Zenith Bank will deliver strong results. 

In an interview with Proshare WebTV, Onyeagwu lauded the Central Bank of Nigeria on the 60% Loan-To-Deposit Ratio policy for Deposit Money Banks, stating that it aligns with the Zenith Bank strategy which is also geared towards supporting the retail sector in Nigeria.

 

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