Zenith Bank Plc, on Tuesday, announced the appointment of Mr Jim Ovia, as board chairman and non- executive director of the bank.
The appointment of Ovia, the Pioneer Managing Director and Chief Executive Officer of the bank, was contained in statement issued by the bank and obtained in Lagos.
The statement by the bank’s group Managing Director, Mr Peter Amangbo, said that Ovia takes over from Mr Steve Omojafor who resigned last month.
It also said that the appointment had been approved by the Central Bank of Nigeria (CBN).
The statement also said that Ovia appointment would take effect on July 16, 2014.
Ovia retired from the bank about four years ago following the CBN policy which limited the tenor of banks chief executive officers to a maximum of 10 years.
Zenith Bank also appointed Mr Olusola Oladipo as an Executive Director.
Oladipo, who joined the services of the bank in 1995, had previously worked in First City Monument Bank (FCMB) and Prime Merchant Bank Ltd.
