Jim Ovia

2023 - 3 - 3

Post cover — Image courtesy of "The Whistler NG"

Jim Ovia To Exit As Zenith Bank's Chairman After CBN's Approval Of ... (The Whistler NG)

Zenith Bank Plc said it has obtained regulatory approval from the Central Bank of Nigeria to operate as a holding company. Consequently, the lender said.

Jim Ovia to also continue as the Chairman of Zenith Bank Plc until the commencement of Zenith Holdco Plc.” Jim Ovia as the Chairman of Zenith Holdco Plc (in-formation) and for Mr. But Ovia will exit as Chairman of Zenith Bank after the commencement of Zenith Holdco Plc.

CBN approves Jim Ovia as chairman of Zenith Bank's holding ... (Ripples Nigeria)

Zenith Bank has announced that it has established a non-operating Financial Holding Company (HoldCo), a move that will see its current chairman, Jim Ovia, |

[ Investigations3 months ago](https://www.ripplesnigeria.com/special-report-world-bank-road-projects-go-bad-in-enugu-as-state-govt-fails-to-fulfill-promise/) [ Investigations3 months ago](https://www.ripplesnigeria.com/students-suffer-as-contractors-abandon-kano-school-projects-after-receiving-over-n70m/) [ Investigations3 months ago](https://www.ripplesnigeria.com/investigation-in-cross-river-civil-servants-retire-into-poverty-as-govt-looks-away-squanders-funds-on-frivolities/) Ovia is following the footsteps of Segun Agbaje, who established Guaranty Trust Holding Company (GTCO) from GTBank to remain in charge. [ Investigations2 months ago](https://www.ripplesnigeria.com/investigation-4-yrs-after-completion-kwara-phc-facility-inactive-rural-dwellers-in-pains/) Jim Ovia to also continue as the Chairman of Zenith Bank Plc until the commencement of Zenith Holdco Plc.”

Tony Elumelu, Jim Ovia... 4 Prominent Bank Executives Who Might ... (FIJ NG)

After stepping down as UBA's CEO in 2010, he became the bank's chairman in 2014 and has served in that capacity to date.

In 2000, Segun Agbaje became Guaranty Trust Bank’s executive director. He has served in that capacity to date. [READ ALSO: REPORT: Over 20 Journalists Attacked During Presidential Election](https://fij.ng/article/report-over-20-journalists-attacked-during-presidential-election/)

Zenith Bank gets CBN's approval in principle to restructure into a ... (Nairametrics)

The CBN has granted approval in principle for Zenith Bank Plc to transition into a non-operating financial holding company structure.

In the meantime, Ovia will continue to function as the chairman of Zenith Bank Plc until the commencement of Zenith Holdco Plc. Jim Ovia as the chairman of new Holdco: According to the statement signed by Company Secretary/General Counsel Micheal Osilama Out, the CBN also approved Mr Jim Ovia as the chairman of Zenith Holdco Plc. The Central Bank of Nigeria has granted approval in principle for Zenith Bank Plc to transition into a non-operating financial holding company structure.

Zenith Bank to become holding company (Premium Times)

Lenders like FBN Holdings, Stanbic IBTC, FCMB Group, GTCO and Access Holdings are already leveraging those businesses to buoy up revenue. “The CBN approved Mr ...

Good journalism costs a lot of money. By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all. “The CBN approved Mr Jim Ovia as the chairman of Zenith Holdco Plc (in-formation) and for Mr Jim Ovia to also continue as the chairman of Zenith Bank Plc until the commencement of Zenith Holdco Plc,” the lender said in a statement seen by PREMIUM TIMES.

Zenith Bank gets approval to operate as HoldingCo (The Punch)

The Central Bank of Nigeria has given approval in principle to Zenith Bank to operate as a financial holding company.

This move will increase the number of banks operating as a financial holding company in the country. With this change, the organisation will have a banking subsidiary along with other subsidiaries in the financial services sector. “Furthermore, the CBN approved Mr Jim Ovia as the Chairman of Zenith Holdco Plc (in-formation and for Mr Jim Ovia to also continue as the Chairman of Zenith Bank until the commencement of Zenith Holdco.”

Zenith Bank Gets CBN Authorisation to Operate as Financial ... (Business Post Nigeria)

Zenith Bank Plc will change its organisational structure with a view to operating as a financial holding company, a notice from the lender has disclosed.

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