Zenith Bank Receives Best Corporate Governance 'Financial Services' Africa 2023 Award

Zenith Bank Plc, a prominent financial institution in Africa, has been honored with the Best Corporate Governance 'Financial Services' Africa 2023 award by the Ethical Boardroom. This prestigious recognition acknowledges the bank's consistent adherence to global best practices and its exemplary institutionalization of corporate governance, serving as a strong industry benchmark. Dr. Ebenezer Onyeagwu, the Group Managing Director and Chief Executive of Zenith Bank, expressed his satisfaction with the award and emphasized the bank's unwavering commitment to good governance principles.

Speaking on the recognition, the Group Managing Director/Chief Executive of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, 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”.

He attributed the award to Jim Ovia, CFR, the Founder and Group Chairman, who laid the foundation for a long-lasting and highly prosperous institution. He also acknowledged the Board for their exceptional vision and leadership, the staff for their unwavering dedication and commitment, and the bank's customers for their loyal support to the brand.

The Continual Success of Zenith Bank

Underlining its unwavering commitment to excellence, Zenith Bank's remarkable track record of outstanding performance has garnered numerous accolades and awards in recent years. The bank's dedication to providing exceptional financial services has consistently earned it recognition and reinforced its position as a leader in the Nigerian banking industry and beyond.

Zenith Bank's exceptional performance and commitment to delivering top-tier financial solutions have earned it the esteemed title of "Number One Bank in Nigeria" for the 13th consecutive year. This accolade was bestowed by Tier-1 Capital in the 2022 Top 1000 World Banks Ranking published by The Banker Magazine, further solidifying the bank's reputation as a powerhouse in the financial sector.

Multiple Accolades for Excellence

In addition to the Best Corporate Governance award, Zenith Bank has received several other notable accolades in recent years. The bank was honored as the "Bank of the Year" in Nigeria by The Banker's Bank of the Year Awards in both 2020 and 2022. Global Finance World's Best Banks Awards recognized Zenith Bank as the "Best Bank in Nigeria" for three consecutive years, from 2020 to 2022. Furthermore, the World Finance Banking Awards bestowed upon Zenith Bank the titles of "Best Commercial Bank, Nigeria" in 2021 and 2022, as well as "Best Innovation in Retail Banking, Nigeria." The bank's commitment to corporate governance was also recognized with the "Best Corporate Governance Bank, Nigeria" award at the World Finance Corporate Governance Awards 2022.

A Testament to Commitment

Zenith Bank's consistent accolades and recognition underscore the institution's unwavering commitment to maintaining the highest standards of corporate governance and operational excellence. The bank's focus on transparency, accountability, and ethical practices has not only set a strong example for the industry but has also fostered trust among stakeholders, including investors and customers.

Zenith Bank's receipt of the Best Corporate Governance 'Financial Services' Africa 2023 award for the fourth consecutive year is a testament to its dedication to global best practices and exemplary institutionalization of corporate governance. The bank's consistent achievements and numerous accolades highlight its commitment to excellence and reinforce its position as a leading financial institution in Africa. Zenith Bank's continuous focus on good governance principles ensures the maintenance of trust, promotes investor confidence, and paves the way for sustained long-term success in the dynamic financial landscape of Africa.