By our reporter 5.5.2026
Jim Ovia has retired as the group chairman of Zenith Bank PLC after completing his 12 years tenure regulatory requirements.
According to a statement by Zenith Bank PLC Tuesday, Engr. Mustafa Bello will step into the role vacated by the renowned banker who became chairman in July 2014. He was the founding group managing director and chief executive officer when the bank started operations in 1990,
“The board expresses its deep appreciation to Mr. Jim Ovia for his outstanding service and invaluable contributions.
“His visionary leadership, unwavering commitment to good governance, and dedication to stakeholder value creation significantly strengthened the group’s strategic positioning and reputation during his tenure.
“He has extensive leadership experience at Board and executive levels, a strong understanding of corporate governance principles and regulatory expectations and a proven track record in strategic oversight and organisational growth. He has also demonstrated integrity, independence, and sound judgment,” the statement read.
Bello joined the board of bank on December 29, 2017 as an executive director.