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Zenith Bank Appoints ‘Adaora Umeoji’ As First Female CEO

Zenith Bank Plc has appointed Dr. Adaora Umeoji as its new Group Managing Director/ Chief Executive Officer effective June 1, 2024.

This was disclosed in a statement signed by the Company Secretary, Michael Otu, which was filed with the Nigerian Exchange Limited on Tuesday.

Umeoji will take over from the current GMD, Dr. Ebenezer Onyeagwu, whose time in office expires May 31.

“Dame (Dr.) Adaora Umeoji is the first female GMD/CEO 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.

Before this appointment, Umeoji has been the Deputy Managing Director of the bank since October 28, 2016 and has close to 30 years of banking experience of which 26 years has been with Zenith Bank.

According to her profile, Umeoji is an alumnus of Harvard Business School, where she attended the Advanced Management Programme, and an alumnus of Columbia Business School.

Umeoji’s academic pursuits extend to a Doctorate in Business Administration from Apollos University, USA, and a Certificate in Economics for Business from MIT Sloan School of Management, USA.

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