Zenith Bank announces Adaora Umeoji first female GMD, CEO

Zenith Bank Plc has announced Adaora Umeoji as its first female Group Managing Director.

The company secretary, Michael Otu, disclosed this in a statement filed with the Nigerian Exchange Limited on Tuesday.

Umeoji will take over from the current GMD, Dr. Ebenezer Onyeagwu, whose time in office expires on May 31.

Accordingly, Umeoji’s tenure is expected to take off on June 1, 2024.

Until her appointment, Umeoji had been the bank’s deputy managing director since October 28, 2016.

“Dame (Dr.) Adaora Umeoji is the first female GMDCEO since the bank’s inception, and her appointment is consistent with the bank’s executive transition tradition, succession plan, and strategy of grooming leaders from within,” part of the statement reads.