Zenith Bank Plc. has announced the appointment of
Mr. Ebenezer Onyeagwu as the Group Managing Director/CEO of the bank effective
June 1, 2019, subject to the Central Bank of Nigeria (CBN) approval.
The appointment
is consistent with the bank’s
tradition and succession strategy of grooming leaders from within.
Onyeagwu replaces Mr. Peter Amangbo, whose tenure
expires on May 31, 2019.MrAmangbo leaves the bank at the end of a very successful
career spanning over 27 years, with the last five years as GMD/CEO.
Mr.
Ebenezer Onyeagwu is a vastly experienced banker and financial expert, trained
in reputable institutions of learning in Nigeria, the United Kingdom and United
States of America.
Mr.
Onyeagwu is a graduate of Accounting from Auchi Polytechnic where he obtained
the Ordinary National diploma in 1984 and Higher National Diploma in 1987. He qualified as a Chartered Accountant in
1989 while he was still undergoing the compulsory National Youth Service Corp
(NYSC) post graduation and was named a Fellow of the Institute of Chartered
Accountants of Nigeria (FCA) in 2003.
He
is an alumnus of the prestigious University of Oxford, England, from where he
obtained a Postgraduate Diploma in Financial Strategy, and certificate in
Macroeconomics. He also undertook extensive executive level business education
in Wharton Business School of the University of Pennsylvania, Columbia Business
School of Columbia University, the Harvard Business School of Harvard
University (all in the United States) and Lagos Business School of the Pan
African University, Nigeria.
He
has nearly 30 years’ experience in the banking industry in Nigeria. He joined Zenith Bank Plc in 2002 as a Senior
Manager, in the Internal Control and Audit Group of the bank. His professionalism, competence, integrity
and commitment to the set objectives of the bank saw him rise swiftly between
2003 and 2005, first, as Assistant General Manager, then Deputy General
Manager, and eventually as General Manager of the bank. In these capacities, he handled strategies
for new business and branch development, management of risk assets portfolios,
treasury functions, strategic top level corporate, multinationals and public
institutional relationships, among others.
As
Deputy Managing Director, Mr. Onyeagwu has oversight over the bank’s Financial
Control and Strategic Planning, Risk Management, Retail Banking, Institutional
and Corporate banking business portfolios, IT Group, Credit Administration,
Treasury and Foreign Exchange Trading, as well as general administration of the
bank, among others.
He
was named Executive Director of the bank in 2013, and put in charge of Lagos
and South-South Zones as well as strategic groups/business units of the bank
including Financial Control & Strategic Planning, Treasury and
Correspondent Groups, Human Resources Group, Oil and Gas Group, and Credit Risk
Management Group, etc. He was named Deputy Managing Director of the bank in
2016.
Mr.
Onyeagwu has been on the board of Zenith Bank Ghana, Zenith Pensions Custodian
Limited, Zenith Nominees Limited and African Finance Corporation (AFC) within
the last six years. In AFC, he serves on
the Board Risk & Investment Committee (BRIC) and Board Audit &
Compliance Committee (BAAC). At Zenith
Bank Ghana, he chairs the Board Credit and Governance Committees.
He
brings to his job strategic thinking, inspirational leadership, energetic and
entrepreneurial skills. He is married with children.
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