Business
Zenith Bank named ‘Bank of the Year, Nigeria’ at The Banker Awards 2024
Zenith Bank Plc has been honored as the ‘Bank of the Year, Nigeria’ at the prestigious Banker’s Bank of the Year Awards 2024, organized by The Banker Magazine, a publication of the Financial Times Group, United Kingdom.
The accolade was conferred during a ceremony held in London on December 4, 2024, recognizing the bank’s outstanding management, robust business strategy, and its leadership in sustainability and Environmental, Social, and Governance (ESG) practices.
The Banker’s Bank of the Year Awards is a globally recognized platform that celebrates excellence in banking. The award distinguishes leading financial institutions across Africa, Asia-Pacific, Europe, the Americas, and the Middle East, making Zenith Bank’s win a testament to its prominent standing in the financial industry.
Reacting to the award, the Group Managing Director/CEO of Zenith Bank, Dame (Dr.) Adaora Umeoji, OON, expressed gratitude, emphasizing the bank’s dedication to excellence.
“We are delighted and honored to receive this recognition. It reflects the trust of our customers, the visionary leadership of our Board, and the dedication of our staff.
This award reinforces our commitment to delivering exceptional services and contributing to Nigeria’s economic growth,” she said.
READ ALSO: Zenith Bank opens Paris branch, strengthens Africa-Europe trade links
Umeoji also commended the bank’s founder and chairman, Jim Ovia, CFR, for laying the foundation for a globally respected financial institution known for innovation, performance, and stakeholder value creation.
This award comes shortly after Zenith Bank’s latest international expansion milestone. In November 2024, the bank commissioned its Paris branch, having secured final approval from France’s banking regulator, Autorité de Contrôle Prudentiel et de Résolution (ACPR).
The move aligns with the bank’s global strategy to support clients worldwide.
Zenith Bank’s latest achievement adds to its growing list of accolades. In 2024, the bank was ranked Nigeria’s Number One Bank by Tier-1 Capital for the 15th consecutive year in The Banker Magazine’s Top 1000 World Banks Ranking. The bank also previously won the Bank of the Year, Nigeria title in 2020 and 2022.
The bank’s stellar reputation has also been recognized by Ethical Boardroom, SERAS Awards, and Nairametrics, cementing its position as a leader in corporate governance, sustainability, and innovation.
Zenith Bank’s continuous recognition reflects its commitment to innovation, customer satisfaction, and long-term sustainability.
With ongoing investments in cutting-edge technologies and global expansion, the bank remains poised to maintain its leadership as a financial powerhouse both in Nigeria and beyond.