ZENITH BANK APPOINTS EBENEZER ONYEAGWU AS NEW MD
khaleb
Apr 08, 2019
The management of Zenith Bank Plc has announced that Ebenezer Onyeagwu will be its new managing director and chief executive officer.
READ ALSO: EFCC: 'Yahoo' NYSC Member Lists His Achievements From Crime | DETAILS
In a notice sent to the Nigerian Stock Exchange on Monday, the bank said the appointment is subject to the approval of the Central Bank of Nigeria (CBN).
READ ALSO: Our Goal Is To See Women Live Their Dreams To The Fullest - Buhari Celebrates IWD
The tenure of Peter Amangbo, who is currently the bank's CEO, will expire on Friday, May 31 while Onyeagwu will take over from June 1, 2019.
Before his appointment, Onyeagwu had been the bank's deputy managing director since October 2016 and spent 17 years working with Zenith Bank.
READ ALSO: Sowore's Miscalculation and the Need to beat a Wise Retreat
"The appointment is consistent with the bank's tradition and succession strategy of grooming leaders from within,ÔÇØ the bank said.
Onyeagwu, who is a graduate of accounting from Auchi Polytechnic, began his career at the defunct Financial Merchant Bank in 1991 and later held several management positions in the erstwhile Citizens International Bank Limited until 2002 when he joined Zenith Bank.
READ ALSO: I Will Not Allow Criminality As President, Peter Obi Declares
He obtained a postgraduate diploma in Financial Strategy a certificate in Macroeconomics from the University of Oxford.
READ ALSO: Senate Threatens 100 Agencies With Zero Budget Allocations | READ WHY
He started out as a senior manager in the Internal Control and Audit Group of the bank and by 2005 had become an assistant general manager in the bank.
READ ALSO: #EndSARS: Abia Govt Raises Alarm of Strange Individuals Moving Into The State |READ DETAILS
The Cable
Related Stories
REVEALED: How All Progressives Congress (APC) Played Into The Opposition Hands Ahead Of 2027 - Sumner Sambo Warns
I Will Not Allow Criminality As President, Peter Obi Declares
Why El-Rufai Was Returned To ICPC Custody?
Sowore's Miscalculation and the Need to beat a Wise Retreat
Tinubu Breaks Silence on Hardship, Inflation, Power Crisis - Vows Nigeria Will Overcome Economic Storm
"Terrorists Have Outgunned Our TroopsÔÇØ - Ndume Raises Alarm Over Boko Haram War, Sends Urgent Message To Tinubu
""
— khaleb