The zenith Bank Plc has been named the Bank of the year in Nigeria in the The Banker’s Bank of the year Award 2022. The conferment of the award on Zenith Bank was in celebration of the the Bank’s strong management, sound business model and strategy as well as support for small business and efforts to cut energy consumption, The Banker stated during the award ceremony which held in London on December 1.
The Banker’s Bank of the year award is regarded as the industry standard for banking excellence and highly contested by the world’s financial institutions with winners selected across the world including Africa, Asia, Europe and the Americas.
The Banker declared at this year’s bank of the year ceremony that the Nigeria’s Bank of the year award was among the continent’s most hotly contested this year, befitting the country’s status as Africa’s largest economy.
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Reacting to the new award bagged by the multiply awarded Tier-1 Bank in Nigeria, Mr Ebenezer Onyeagwu, group managing director and chief executive of Zenith Bank Plc, gave the following remarks:
“winning the Bank of the Year attests to our tenacity as an institution despite a very challenging operating environment exacerbated by persistent macroeconomic headwinds.
“Indeed, being recognised by The Banker – the world’s longest running international banking title, is an acknowledgement of the resilience of the Zenith brand as the leading financial institution in Nigeria and the West African sub-region” he said.
Mr Onyeagwu also lauded the founder and chairman, Jim Ovia, for his guidance and pioneering role in laying the foundation and building the structures for an enduring and successful institution, the Board for their outstanding leadership, the staff for their commitment and dedication as well as the Bank’s customers for their unflinching loyalty to the Zenith brand over the years.
Earlier in the year, the Zenith Bank had won the first bank in Nigeria by the Tier-1 Capital. The Leadership reported, Zenith Bank’s track record of excellent performance has continued to earn it numerous awards, including being recognised as Number One Bank in Nigeria by Tier-1 Capital, for the 13th consecutive year, in the 2022 Top 1000 World Banks Ranking published by The Banker Magazine.
Other achievements of Zenith Bank include; Best Bank in Nigeria, for three consecutive years from 2020 to 2022, in the Global Finance World’s Best Banks Awards; Best Commercial Bank, Nigeria 2021 and 2022 in the World Finance Banking Awards; Best Corporate Governance Bank, Nigeria in the World Finance Corporate Governance Awards 2022.
