Jim OVIA returns to Zenith Bank Plc as Chairman, Board of Directors

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Thursday, July 17, 2014 9:01 AM / News


As expected, Mr. Jim Ovia (MFR) has been confirmed as the Chairman of the Board of Zenith Bank Plc, the commercial bank he co-founded more than two decades ago.


When he was appointed a Non Executive Director of Zenith Bank Plc on June 16, 2014, market commentators had imagined this was a precursor to his emergence as the Chairman of the Board upon the expiration of the term of  Mr. Steve Omojafor, who resignation last month further cleared the path for today’s announcement.


About Jim OVIA

Mr. Jim Ovia, MFR is a co-founder of Zenith Bank plc and served as its Group Managing Director and Chief Executive Officer from 1990 to July 10, 2010. Before his appointment as the Chairman of the Board and Non Executive Director of Zenith Bank Plc (since June 16, 2014), his over 25 years banking experience started at IMB as a Financial Analyst in 1980 from where he moved to the management centre in 1987. He headed the Corporate Finance department of Merchant Bank of Africa from 1987 to 1990. His interest in computers was picked in 1977 when he worked as a part-time Computer Operator at Baton Rouge & Trust Company, Louisiana.



·         Chairman of Quantum Luxury Properties Limited.

·         Director of Africa Finance Corporation.

·         Pioneer President of Nigeria Internet group (NIG).

·         Promoter and Founder of Visafone Communications Limited

·    Proprietor of the University of Information and Communication Technology, Agbor, Delta State.


Mr. Ovia is a holder the Member of the Order of Federal Republic (MFR). He holds a B.Sc. degree in Business Administration from the Southern University, Louisiana, U.S.A. (1977), a Masters degree in Business Administration from University of Louisiana, USA. in 1979, and is an alumnus of Harvard Business School "OPM", Boston, U.S.A.

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