BREAKING NEWS: Zenith Bank appoints new CEO

BREAKING NEWS: Zenith Bank appoints new CEO 1

Zenith Bank Plc announced the appointment of Ebenezer Onyeagwu as its new Managing Director and Chief Executive Officer (CEO).

Report has I that before his appointment, Mr Onyeagwu had been the bank’s deputy managing director since October 2016 and spent 17 years working with Zenith Bank.

According to a notice sent to the Nigerian Stock Exchange, the management of the bank said Ebenezer Onyeagwu’s appointment is subject to the approval of the Central Bank of Nigeria (CBN).

The new CEO is a graduate of accounting from Auchi Polytechnic, he began his career at the defunct Financial Merchant Bank in 1991 and later held several management positions in the erstwhile Citizens International Bank Limited until 2002 when he joined Zenith Bank.

He later obtained a postgraduate diploma in Financial Strategy and a certificate in Macroeconomics from the University of Oxford.

He started out as a senior manager in the Internal Control and Audit Group of the bank and by 2005 had become an assistant general manager in the bank.

He is expected to resume duty on June 1 after the expiration of the tenure of the Peter Amangbo, the bank’s current CEO who retires.

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