Nigeria’s bank chiefs: Big salaries, luxury homes, but tiny stakes
Nigeria’s leading bank CEOs command giant lenders, yet their own stockholdings remain modest by global standards — raising questions about alignment with investors.
Adaora Umeoji
Zenith Bank CEO Adaora Umeoji delivers $130,000 to Nigeria’s D’Tigress
Zenith Bank honors Nigeria’s women’s basketball champions with $130,000 after their 2025 AfroBasket victory.
Adaora Umeoji acquires $2.1 million in additional Zenith Bank shares
Zenith Bank CEO Adaora Umeoji deepens her stake with a $2.1 million share buy, affirming long-term faith in the bank’s growth and profitability.
Zenith Bank, led by Adaora Umeoji, plans forbearance exit in first half of 2025
The lender disclosed this in a statement filed on the NGX on Wednesday, reaffirming its commitment to meeting all supervisory requirements.
Adaora Umeoji leads Zenith Bank to $194.4 million profit in Q1 2025
Adaora Umeoji led Zenith Bank to a $194 million first-quarter profit in 2025, reinforcing its position as Nigeria’s most profitable lender.
Zenith Bank’s 2024 profit hits $671 million with Adaora Umeoji at the helm
Zenith Bank reports strong $670 million profit, strengthens position among Africa’s most profitable lenders
Nigerian banker Adaora Umeoji-led Zenith Bank lists 9.67 billion shares on NGX after hybrid offer
Zenith Bank adds 9.67 billion shares on NGX, capital boost meets CBN requirement.
Adaora Umeoji, first woman to lead Zenith Bank, holds shares worth $2.2 million
Umeoji holds 91,710,123 shares in Zenith Bank, including 90 million directly and 1,710,123 through Palais Vendome Limited.
Adaora Umeoji emerges as first female CEO of Nigeria’s most profitable bank
Umeoji will ascend to the helm of the institution, taking over the reins of control from Ebenezer Onyeagwu, whose term as group managing director and CEO expires on May 31.