Tag: Jim Ovia

Jim Ovia
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BREAKING: Zenith Bank founder Jim Ovia steps down as chairman

Zenith Bank Plc has announced the retirement of its Founder and Group Chairman, Jim Ovia, following the expiration of his tenure in line with regulatory requirements. The bank disclosed this in a corporate notice issued in Lagos on May 5, 2026. Ovia completed the mandatory 12-year tenure permitted under corporate governance guidelines for financial holding […]

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Zenith Bank, Femi Otedola reach out-of-court settlement

The owner of Geregu Power and chairman of FBN Holdings, Femi Otedola, has resolved his legal battle with Zenith Bank, which was earlier brought before a Federal High Court. Sources claim that Otedola’s decision to withdraw from the legal proceeding is the result of a recent agreement reached between the billionaire and Jim Ovia, the […]