Banking

Zenith Bank retains best corporate governance award in Africa

Zenith Bank Plc has been named as the Best Corporate Governance ‘Financial Services’ Africa 2023 by the Ethical Boardroom for the fourth consecutive year.

The award, which was published in the Spring 2023 edition of The Ethical Boardroom magazine, is in recognition of the bank’s adherence to global best practices and institutionalisation of corporate governance, setting an industry-wide example of best practices in that field.

Speaking on the recognition, the Group Managing Director/Chief Executive of Zenith Bank, Dr Ebenezer Onyeagwu, in a statement issued on Tuesday, May 30, said: “I am extremely pleased that Zenith Bank has been awarded the Ethical Boardroom Corporate Governance Award as a regional governance champion for the fourth year running.

“No doubt, the bank’s board has pioneered the exemplary governance culture for which we are now renowned.

“Indeed, this recognition reflects our steadfast commitment, discipline and high ethos in the conduct of our business and dedication to the principles of good corporate governance.

“This award will motivate us to strengthen this culture internally and advocate for good governance at every forum.”

Onyeagwu, however, dedicated the award to the Founder and Group Chairman of Zenith Bank, Jim Ovia, for “providing the template for an enduring and very successful institution; the Board for their vision and outstanding leadership; the staff for their dedication and commitment; and the bank’s customers for their unwavering loyalty to the brand.”

The Star