Zenith Bank Plc has once again been recognized as the Best Corporate Governance ‘Financial Services’ Africa 2023 by the esteemed Ethical Boardroom.
This prestigious accolade marks the fourth consecutive year that the bank has been commended for its unwavering commitment to global best practices and the institutionalization of corporate governance.
The announcement was made in the Spring 2023 edition of The Ethical Boardroom magazine, a renowned international publication known for its incisive coverage and in-depth analysis of global corporate governance matters.
Zenith Bank’s consistent adherence to exemplary governance principles has set a remarkable industry-wide precedent, positioning the bank as a champion in this field.
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Dr. Ebenezer Onyeagwu, the Group Managing Director/Chief Executive of Zenith Bank Plc, expressed his delight at the recognition.
He attributed this remarkable achievement to the pioneering efforts of the bank’s board in establishing a governance culture that has become the cornerstone of their reputation.
Dr. Onyeagwu emphasized the institution’s resolute commitment, discipline, and high ethical standards in conducting their business, and reiterated their dedication to the principles of good corporate governance.
In an expression of gratitude, Dr. Onyeagwu dedicated the award to the Founder and Group Chairman, Jim Ovia, CFR, for providing the blueprint for a resilient and highly successful institution.
He also acknowledged the visionary leadership of the board, the unwavering dedication of the bank’s staff, and the loyal support of their esteemed customers.
The award serves as a testament to the collective efforts and unwavering commitment of the entire Zenith Bank team.
The Ethical Boardroom Corporate Governance Award represents another significant milestone in Zenith Bank’s journey towards excellence.
The institution has consistently been recognized as a Corporate Governance compliant bank by the Nigerian Exchange (NGX), which led to its listing on the Premium Board of the Exchange.
Zenith Bank remains committed to upholding this distinguished reputation, continually reassessing its processes to ensure alignment with the highest global standards.
This recent achievement adds to Zenith Bank’s impressive track record of excellence. The institution has received numerous awards over the years, including being named the Number One Bank in Nigeria for the 13th consecutive year by Tier-1 Capital, according to The Banker Magazine’s 2022 Top 1000 World Banks Ranking.
Zenith Bank has also been honored as the Best Bank in Nigeria for three consecutive years (2020-2022) by Global Finance World’s Best Banks Awards, and as the Best Commercial Bank in Nigeria for 2021 and 2022 by the World Finance Banking Awards.
The bank’s commitment to innovation and customer-centric services has also been recognized. It received the Best Innovation in Retail Banking, Nigeria award from the International Banker 2022 Banking Awards and was named the Most Valuable Banking Brand in Nigeria by the Banker Magazine’s Top 500 Banking Brands for both 2020 and 2021.
Furthermore, Zenith Bank has been consistently recognized as the Retail Bank of the Year at the BusinessDay Banks and Other Financial Institutions (BAFI) Awards from 2020 to 2022.
In addition to these accolades, Zenith Bank has been honored as Bank of the Decade (People’s Choice) at the ThisDay Awards 2020, Bank of the Year 2021 by Champion Newspaper, Bank of the Year 2022 by New Telegraph Newspaper, and Most Responsible Organization in Africa 2021 by the SERAS Awards.