Zenith Bank Plc Victoria Island Lagos, Nigeria
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Incorporated as Zenith International Bank Limited on 30 May 1990 and Headquartered in Lagos Nigeria as a private limited liability company, the Bank was licensed to carry on the business of banking in June 1990. The Bank's name was changed to Zenith Bank Plc on 20 May 2004 to reflect its status as a public limited liability company. The Bank's shares were listed on the Nigerian Stock Exchange (NSE) on 21 October 2004 following a highly successful Initial Public Offering (IPO). Nigerian institutions and individuals numbering over a million currently own the shares of the bank.
The Bank's main service delivery channels in Nigeria are its business offices which as at 2011 had risen to about 330 branches and over 125 cash offices. These are located in prime business and commercial centres in all states of the federation and the Federal Capital Territory (FCT), Abuja. Within the first decade of operation, the Bank made its mark in profitability and all other performance indices, and has maintained this prime position till date.
From being just another bank in Nigeria, Zenith Bank Plc has grown organically to become a financial services institution of choice with presence in Africa and the United Kingdom. This is as a result of our strategic resolve to burst' the limits of the Nigerian banking industry, and the strength of our brand. The impressive performance of the Zenith Bank brand in all our locations and offices within and outside Nigeria is an eloquent testimony of the bank's passionate commitment to global best practices and consistent quality service delivery.
Zenith Bank is a leader in financial solutions in most spectra of banking and we cater for the banking needs of our customers in the public and private sectors.
Zenith Bank's core businesses include:
* Corporate and Investment Banking
* Commercial and Consumer Banking
* Personal and Private Banking
* Trade Services and Foreign Exchange
* Treasury and Cash Management Services
* Other Non-Bank Financial Services mainly through subsidiaries
The Bank will continue to offer specialised financial services such as Pension Management but would discontinue services in Insurance, Capital Market dealings, Trusteeship, Registrar, Mortgage and financial advisory services in line with its decision to adopt the commercial banking license with international authorisation.
From inception, Zenith Bank clearly set out to define service standards in the banking industry through its service quality, drive for a unique customer experience, and the calibre of its customer base. Today, the Bank is associated with the following attributes in the Nigerian banking industry:
* Excellent Financial Performance
* Stable and dedicated management team
* Highly skilled personnel
* Leadership in the use of Information and Communication Technology
* Strategic distribution channels
* Good Asset Quality
The overall vision of the Bank has been "to build the Zenith Brand into a reputable international financial institution recognized for innovation, superior performance while creating premium value for all stakeholders". The strategic objective of Zenith Bank includes the continuous improvement of its capacity to meet the customer's increasing and dynamic banking needs as well as sustain high quality growth in a volatile business environment through
Continuous investment in branch network expansion and thus bringing quality banking services closer to our teaming existing and potential customers
* Continuous investment and deployment of up to date and state of the art technology
* Continuous employment of the best people available and motivating them
* Continuous investment in training and re-training of our personnel
* Maintaining and reinforcing our core customer service delivery charterm
The Zenith Bank management team is made up of seasoned individuals determined to deliver superior financial solutions to both businesses and individuals.
Our success stems from the experience, leadership, professionalism and vision of our management and staff. Zenith Bank leverages the talents of world-renowned group of financial experts, legal and technology experts to deliver industry-leading solutions and services for its consumer and business customers.
Godwin Emefiele is the Group Managing Director, Zenith Bank Plc, a position he has held since August 2010. Until then he was the Deputy Managing Director of the bank, having been appointed into that position in 2001. Emefiele has been on the bank's management team since inception and has held various management positions in the bank, including serving as the Bank's Executive Director in charge of Corporate Banking, Treasury, Financial Control and Strategic Planning.
Until he took over as Group Managing Director, Emefiele was directly responsible for all the Group's local subsidiaries, Treasury and Correspondent Banking, and Multilateral, Conglomerates, & Private Banking. He also had responsibilities for direct supervision of majority of the bank's branches in Lagos and Northern Nigeria.
Emefiele has over twenty-five (25) years banking experience and holds a B.Sc and an MBA in Finance both from the University of Nigeria Nnsukka. Before commencing his banking career, he lectured Finance, Bank Management, and Insurance at the University of Nigeria and University of Port Harcourt respectively.
He is an alumnus of Stanford University, Harvard and Wharton Graduate School of Business where he took courses in Negotiation, Service Excellence, Critical Thinking, Leading Change and Strategy.
Under Emefiele's leadership, Zenith Bank has strengthened its position as a leading financial institution in Africa, winning recognition and getting endorsement at home and abroad for giant strides in key performance areas like corporate governance, service delivery and deployment of cutting-edge ICT as well as impact in the bank's numerous spheres of operations.
In 2012, Emefiele's visionary leadership saw Zenith Bank receiving acclaim from reputable institutions such as world finance, CFI and FTSE Global Markets that have named Zenith the Best in Corporate Governance, Best Commercial Bank in Africa, and Emerging Global Super brand respectively.