Zenith Bank’s deputy MD bows out

The Deputy Chief Executive Officer at Zenith Bank, Adaora Umeoji, has retired after seven years in that role.

This was disclosed in a statement, according to a regulatory filing posted on the Nigerian Exchange website, which retired effectively on February 24.

“This follows the expiration of her tenure of office as Deputy Managing Director in line with the Central Bank of Nigeria (CBN) circular No.FPR/DIR/PUB/CIR/001/070 dated February 24, 2023,” the document said.

Umeoji joined the bank in 1998 and was later appointed as the head of the marketing group, Maitama branch and the deputy zonal head of Abuja Zone

She became a board member of Zenith Bank in October 2012, and thereafter took the role of executive director overseeing the Abuja and Middle Belt zones of the bank.

She is an experienced banker and founder of the Catholic Bankers Association of Nigeria, who obtained her first degree from the University of Jos, an MBA from the University of Calabar, and a doctorate from Apollos University.

She is also on the board of Palais Vendome Limited and a member of the Chartered Institute of Bankers of Nigeria, a member of the Nigerian Institute of Management, a member of the Institute of Credit Administration, a member of the Institute of Certified Public Accountants of Nigeria, and a member of the Institute of Chartered Mediators & Conciliators.


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