The Board of Directors of Zenith Bank Plc has appointed Mr. Ebenezer Onyeagwu as the Group Managing Director/Chief Executive of the financial institution.
The appointment becomes effective from June 1, 2019.
Onyeagwu, according to a letter to the regulatory authorities dated April 8, 2019, replaces Mr. Peter Amangbo, whose tenure expires on May 31, 2019.
The letter signed by the Company Secretary/General Counsel, Michael Osilama, read in part, “The appointment is consistent with the bank’s tradition and succession strategy of grooming leaders from within.”
Prior to his appointment, Onyeagwu was the Deputy Managing Director of the bank since October 28, 2016, and has close to 30 years cognate banking experience of which 17 years has been with Zenith Bank.
He is an alumnus of the prestigious University of Oxford, England, from where he obtained a Postgraduate Diploma in Financial Strategy, and Certificate in macroeconomics. He also undertook extensive executive-level Business Education in Wharton Business School of the University of Pennsylvania, Columbia Business School of Columbia University and the Harvard Business School, all in the United States., as well as Lagos Business School of the Pan Africa University, Nigeria.
Onyeagwu is a graduate of Accounting at Auchi Polytechnic and A Fellow of the Institute of Chartered Accountants of Nigeria.