Jim Ovia steps down as Zenith Bank Group Chairman, after 36 years in active service
By allcitynews.ng Following expiration of his tenure in line with regulato r y requirements, Jim Ovia has stepped down as Group Chairman of Zenith Bank. His stepping down became imperative to adhere strictly to the laid down law, after 36 years active service. The Bank’s statement which made this known during Bank's 2026 Annual General Meeting (AGM) which took place on Tuesday, May 5, 2026 in Lagos explained that "Ovia stepped down from the position following his completion of the mandatory 12-year tenure permitted under corporate governance guidelines for financial holding companies, non-interest banks, and payment service banks in Nigeria. It would be recalled that in Ovia who founded Zenith Bank 1990, has actively steer the ship of the bank from inception to the global recognition. Through his leadership, the bank experienced tremendous growth. He was a central figure in its growth trajectory and was credited by the Board for providing strong leadership, strategi...