Engin Bello Succeeds Jim Ovia as Zenith Bank Chairman

Engin Mustafa Bello has succeeded Jim Ovia as the chairman of Zenith Bank PLC, marking a significant transition in the bank's leadership. Ovia's tenure, which lasted 12 years and concluded on May 5, 2026, was pivotal in transforming Zenith Bank from a modest commercial bank into one of Nigeria's largest financial institutions.

Under Ovia's strategic leadership, the bank established a strong reputation for corporate governance and risk management. The 35th Annual General Meeting (AGM) of Zenith Bank, held recently at the Civic Centre in Victoria Island, Lagos, approved a final dividend payment of N8.75 per share, totaling N410.69 billion for the 2025 financial year.

Ovia expressed gratitude to shareholders during his address at the AGM, emphasizing the importance of their support throughout his tenure. Zenith Bank, founded in 1990, has grown to operate 500 branches across Nigeria and has expanded its services internationally, including subsidiaries in the UK and other African countries.