By Business A.M.
Zenith Bank Plc has been named as the Best Corporate Governance ‘Financial Services’ Africa 2023 by the Ethical Boardroom for the fourth consecutive year.
Ethical Boardroom is a leading international magazine that delivers in-depth coverage and critically-astute analysis of global corporate governance issues to help boards stay ahead of the governance curve.
The award, which was published in the Spring 2023 edition of the Ethical Boardroom magazine, is in recognition of the bank’s adherence to global best practices and institutionalization of corporate governance, setting an industry-wide example of best practices in that field.
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Speaking on the recognition, Ebenezer Onyeagwu, the group managing director/chief executive of Zenith Bank Plc, said: “I am extremely pleased that Zenith Bank has been awarded the Ethical Boardroom Corporate Governance Award as a regional governance champion for the fourth year running.
According to Onyeagwu,, the bank’s board has pioneered the exemplary governance culture for which it is now renowned. He added that the recognition reflects the bank’s steadfast commitment, discipline, and high ethos in the conduct of its business and dedication to the principles of good corporate governance.
“This award will motivate us to strengthen this culture internally and advocate for good governance at every forum,” the chief executive stated.
Onyeagwu dedicated the award to Jim Ovia, the bank’s founder and group chairman,for providing the template for an enduring and very successful institution. He also commended the board for their vision and outstanding leadership; the staff for their dedication and commitment; and the bank’s customers for their unwavering loyalty to the brand.