Okowa commends Jim Ovia's contribution to humanity document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. In October 2022, a Nigerian national honour of Commander of the Order of the Federal Republic (CFR) was conferred on him by President Muhammadu Buhari. Lagos State Governor, Mr Akinwunmi Ambode on Monday highlighted the contributions of the Founder and Chairman of Zenith Bank, Jim Ovia to the accountancy and banking professions, calling on leading entrepreneurs in Africa to take time to expose the younger generations to their inspiring story with the view . He founded Zenith Bank in 1990. Jim Ovia is among the first ten richest bankers in Nigeria. While in Lagos, he started his banking career in 1973 as a clerk at Union Bank, (formerly Barclays Bank) working at the branch at Oba Akran way, Ikeja. 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[13], In September 2018, Ovia announced the publication of his book Africa, Rise and Shine published with ForbesBooks.[14]. He is a member of the Governing Council of Lagos State University, Digital Bridge Institute (DBI) and National Economic Management Team of Nigeria, and a member of Honorary International Investor Council and Board of Trustees, Redeemers University for Nations, Lagos. Jim Ovia is a Serial Entrepreneur and Billionaire. He is the founder and Zenith Bank and also the largest individual shareholder of the bank. Jim Ovia Biography, Age, Height, Wife, Net Worth, Family [CDATA[ The latter was sold to MTN, Africas largest telco, for an undisclosed sum in 2015. Thanks. He has assets worth billions of Naira in different parts of the country, including Lagos Marriott Hotel, the Aquamarine Boat Club, and the Civic Towers which has over a 15 . 7 business lessons young Africans can learn from Nigerian billionaire Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. The bond between Jim Ovia, wife 21st August 2022 By Tofarati Ige An undisputed billionaire, Jim Ovia, is one man who does not fancy the limelight, except it has to do with his vast. He is the Chairman of Prudential Zenith Life Assurance Limited, he oversaw the landmark partnership of Prudential UK; one of the world's largest life assurance companies and Zenith Life Nigeria's fastest growing life assurance company. Content created and supplied by: Pepsy48 (via Opera He was born in the year 1951. Always visitNewsWireNGRfor latest naija news and updated naija breaking news. He has always fostered a high degree of corporate governance throughout the Bank, which ultimately led to the institution achieving a GDR listing on the London Stock Exchange in the amount of $850 million in 2013. 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He founded Zenith Bank in 1990. He was Reappointed as Chairman of the Bank in 2014 and the progress of Zenith bank has not slowed since then. Like a nurturer of life and builder of joy, Kay understands the challenges of raising another womans children as ones kids hence she devotes herself fully and without restraint, to fostering children her husband had with another woman. He is the Chairman of Cyberspace Network Limited. At the moment, he serves as both the Chairman and the primary shareholder of Zenith General Insurance Limited, which is recognized as Nigerias most lucrative general insurance company. Why billionaire housewives dread them. You wont believe how much Jim Ovia made in just one day! Follow your instinct Jim Ovia and Wife, Kay Jim Ovia Net Worth Jim Ovia has an estimated net worth of $550 million, according to Forbes. In 2017, the Bank issued a $500m Eurobond that was four times oversubscribed and priced better than the equivalent home country sovereign bond. After completing his elementary schooling in Delta State, he went on to complete his secondary education at the illustrious Ika Grammar School in Bojiboji-Owa. , money, salary, income, and assets. In This Program Young People are Given the Opportunity to harness their potentials and afterwards they are being Empowered to start up on their own. Over 1,500 students have been provided with university scholarships. His father was one of the most revered chiefs in Agbor Kingdom, Delta State.. Jim James Ovia(born November 4, 1951) is a Nigerian businessman, a native of Agbor in Delta State. In its 2021 full-year audited financial. Jim Ovia Wife Jim is married to Kay Ovia, Managing Director and Chief Executive Officer at Quantum Markets Ltd. Jim Ovia Source of Wealth - Zenith Bank PLC Forbes Africa bestowed the title of "Godfather of Banking" upon Jim Ovia for his accomplishment of establishing the most successful bank in Nigeria. Now, this is the sort of cool life we should all aspire to have! In 2014, the USD was exchanged for NGN183.21. Amongst his books are "Africa Rise and Shine". As Ovia recalled, they converted the garage to a customer service unit, and then made teller points out of the rooms, to create the first branch at Ajose Adeogun street, Victoria Island, Lagos. It later became his motivation to establish the James Hope College, a co-educational boarding school where 50% of the students are on scholarship. He is the founder and Chairman of Zenith Bank Plc, one of Nigeria's largest and most profitable banks. With an estimated net worth of $5.9 billion, he ranks as one of the richest people in Nigeria. READ MORE:What weve learnt so far from Jim Ovias Africa Rise And Shine. Jim James Ovia is Former CEO/Managing Director/Founder at Zenith Bank PLC. An avid fan of iconic architecture, he developed the Civic Centre and Aquamarine Boat Club to exploit Nigerias burgeoning hospitality sector. Kay certainly understands the rigours involved in bringing a child to the world. READ MORE: Loan: CBN disburses over N300 billion to SMEs, health, agric, manufacturing sectors. Amidst the economic instability at the time, and the tension between military and civilian regimes, Jim grew the bank in two decades to become one of the biggest in the continent, worth billions of dollars in assets. A Forbes cover story on him says, Banking is where he began life as a clerk; it was also the vehicle that carried him to his fortune.. The delectable wife of Zenith Bank chief, Jim Ovia, effortlessly combines motherhood and wifehood in the same girth. 1950 Ovia is the founder of Visafone Communications Limited and the chairman of both the Nigerian Software Development Initiative (NSDI) and the National Information Technology Advisory Council (NITAC). Jim Ovia Biography, Age, Wife, Children, Net worth, scholarship View popular celebrities life details, birth signs and real ages. He also . He not only established Zenith Bank but is also the organizations single most important stakeholder at this time. Kay is the Chief Executive Officer of Quantum Markets and initiator of the Star Rising Talent Hunt for children and young people. [citation needed], In October 2022, a Nigerian national honour of Commander of the Order of the Federal Republic (CFR) was conferred on him by President Muhammadu Buhari.[15]. This was the condition that surrounded his early years, making him realize in time the importance of education. Described as the Godfather of banking in Nigeria by Forbes Africa, Jim Ovia is quite popular for his business dexterity and leadership skills, especially in the banking sector. The bank was founded by the late Baba Aladura, his eminence, Otubu. He is also an Alumnus of Harvard Business School. Driven by the role that technology could play in Nigeria; he established Cyberspace Limited to provide internet services and Visafone Communications Limited to provide telecom services. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. September 18, 2018. Jim Ovia is the founder and chairman of Zenith Bank, one of the largest commercial banks in Africa. She has floated several initiatives to transform the lives of the youth, especially the underprivileged ones. He is married to Kay Ovia who is Also a Successful Business Entrepreneur like himself. Don't forget to follow us for more juicy articles @CrazzyGistN Like, comment and share. Among other things, the bank had to choose its colours and logo before commencing operations. In his role as Chairman of Prudential Zenith Life Assurance Limited, he oversaw the historic partnership between Prudential UK, one of the largest life insurance companies in the world, and Zenith Life, Nigerias most rapidly expanding life insurance company. Kay Ovia is the wife of Jim Ovia. Ovia headed numerous NGO's at various times including serving as the first President of the Nigeria Internet Group (20012003). Jim Ovia was born on the 4th of November, 1951 to the large family of Obi Olihe of Agbor-Obi, in Agbor, Delta State. However, a new policy from the Central Bank of Nigeria on tenure of Bank CEOs compelled him to retire earlier than he planned. Learn How rich is He in this year and how He spends money? She is a Graduate with a Degree in Management from Enugu State University of Technology (ESUT). For Ovia, these arms have been his way of grooming the next generation. He is currently the Chairman and majority shareholder of Zenith General Insurance Limited; Nigerias most profitable general insurance company. Mrs. kay ovia is the Chairman of the Board of Directors of Cyberspace Limited, a leading software engineering company in Lagos. // childNetworkId = '21634543682', Mrs. Kay Ovia is an alumni of Enugu State University of Technology (ESUT) where she holds an MBA degree in Management. Required fields are marked *. This helped put Zenith Bank at a Strategic position as being One of the First Most Profitable Banks in Nigeria. His numerous investments are now working for him, earning him some serious money by the way. He was a member of the Governing Council of the Nigerian Investment Promotion Commission (19992007) and served on the board of American International School, Lagos (20012003). Jim Ovia Of Zenith Bank: See Adorable Photos Of His Wife And 5 Grown Up She has experienced the bittersweet miseries of pregnancy and the excruciating pains of giving birth hence her undying love and care for her stepchildren. He is the author of Africa Rise And Shine: How a Nigerian Entrepreneur from Humble Beginnings Grew a Business to $16 Billion, published by Forbes Books in 2018.. Jim holds a bachelor's degree from Southern University Louisiana, an MBA from the . Your email address will not be published. All that was mandated was having a Chief Executive with at least 10 years banking experience, raising the required capital, and setting up the required physical and governance structure. Motherhood According To Kay Ovia, Her Unusual Love for Children 2020-03-01 - Few women possess that rare attribute that makes them worthy of being called woman and mother but Kay Ovia is remarkably different. He is a member of the Governing Council of Lagos State University, Lagos and a member of the Board of Trustees, Redeemer's University For Nations, Lagos. Ovia headed numerous NGO's at various times including serving as the first President of the Nigeria Internet Group (20012003). document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Plus, what being the first cast LGBTQ+ Housewife means to her. READ ALSO: CBN debits banks another N459.7 billion for failure to meet CRR target. Save my name, email, and website in this browser for the next time I comment. He is an enthusiastic fan of iconic architecture, and in order to capitalize on Nigerias expanding hospitality sector, he designed and built the Aquamarine Boat Club and the Civic Centre. He is currently the Chairman and majority shareholder of Zenith General Insurance Limited; Nigerias most profitable general insurance company. This is 2021 and the naira has dropped to about NGN410 to a dollar. We will update Jim Ovia's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. He is the founder of the Youth Empowerment / ICT Foundation, which focuses on improving the socioeconomic welfare of Nigerian youths by inspiring and motivating them to embrace Information and communication technology. In 2017, the Bank issued a $500m Eurobond that was four times oversubscribed and priced better than the equivalent home country sovereign bond. [citation needed], Ovia is the founder of Visafone Communications Limited and the chairman of both the Nigerian Software Development Initiative (NSDI) and the National Information Technology Advisory Council (NITAC). Jim Ovia is one of the biggest names in Nigeria's banking sector and the Zenith Bank Chairman. He also set up the Lagos Marriott Hotel, as well as the Aquamarine Boat Club, and the Civic Towers, a 15-story office block. He is currently single. Buhari, Osinbajo, Tinubu, Ambode, others honour Jim Ovia Zenith bank has a market capitalization in excess of N600bn. As the years went by, some banks which started off at the same time were forced to merge or sell out, but Zenith stayed strong. In Africa's business and banking world, a man like Jim Ovia is a textbook case study. Visafone was later sold to MTN for an undisclosed sum in 2015, after it had gathered about 3 million subscribers. His net worth has been growing significantly in 2022-2023. Jim Ovia's first wife is Kay Ovia who is the Chief Executive Officer of Quantum Markets Ltd. Jim Ovia Foundation Jim Ovia has a foundation called The Jim Ovia Foundation which seeks to invest in the Nigerian youths' unlimited and untapped potential, The foundation has awarded many scholarships to many brilliant but needy students. The delectable wife of Zenith Bank chief, Jim Ovia, effortlessly combines motherhood and wifehood in the same girth. They are Isioma, Zephia, Tito, Tomi and Jesse. Jim Ovia is the second son in the family of Obi Olihe of Agbor-Obi. Her love for humanity knows no bounds and she spares no expense to translate this into impactful action. Ovias peculiar interest in technology was a strong factor in favour of the bank, as he was way ahead of the others in that regard. And he pioneered the Affairs of Managingthe Bank for 20 years before Retiring in 2010. Language links are at the top of the page across from the title. Jim Ovia Biography; Net Worth, Age, Height, Children, First Wife - ABTC She is a Graduate with a Degree in Management from Enugu State University of Technology (ESUT). He is married to Kay Ovia who is Also a Successful Business Entrepreneur like himself. His father was one of the most revered chiefs in Agbor Kingdom, Delta State. Cloudflare Ray ID: 7c0b62fabc0c1fda He has assets worth billions of Naira in different parts of the country, including Lagos Marriott Hotel, the Aquamarine Boat Club, and the Civic Towers which has over a 15-storeys. Remember to Also Like, Share and Follow for More Updates. We have estimated Jimoh Ibrahim Biography, Age, Net worth, wife, companies, daughter, family, private jet, Cosmas Maduka Biography, Age, Wife, Children, Net worth, Source of Wealth, and Controversy, Can you zoom out on TikTok? At 72 years old, Jim Ovia height not available right now. He is also an Alumnus ofHarvard Business School(OPM. He is among the first ten richest bankers in Nigeria. However, Jim is not the founder of Zenith bank. Due to her unrelenting affection and care, Kays step-kids equally endeavour to do her proud. One of her brothers Dayo Fashesi just swindled her in a ten billion naira property deal- and he has disappeared into thin air with the proceeds! He is also an Alumnus ofHarvard Business School(OPM. She also sits on the Board of several organisations. Opinion: What type of role model will the ruling class have hoisted on millions of Nigerians? November 21, 2014. Jim Ovia is among the first ten richest bankers in Nigeria. The latter was sold to MTN, Africas largest telco, for an undisclosed sum in 2015. This was lucrative for him as a lot of people want to be taught from his well of wisdom. He was awarded an honorary doctorate degree in the 50th convocation ceremony of the University of Lagos [1]. This led to the revelations that have come to light. //]]> Download Opera News APP, By Pepsy48 (self media writer) | 2 years ago. In 1980, Jim Ovia founded Zenith Bank, one of the most influential banking institutions in the West African nation. The Chairman of Zenith Bank Plc, jim ovia, is an astute businessman who has, over the years, successfully built many enterprises that can stand the test of time. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Jim Ovia: Zenith leads Nigerian change | World Finance document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Also Check: Cindy Williams Biography, Cause Of Death, Wikipedia, Age, Net worth, Career, Family, Jim Ovia Source of Wealth Zenith Bank PLC, Jim Ovia Scandal with Godwin Emefiele, Governor of CBN, Cindy Williams Biography, Cause Of Death, Wikipedia, Age, Net worth, Career, Family, Musa Keys Biography , Age, Education, Family, Career, Net Worth, Ahmed Aliyu Sokoto Biography, Age, Education, Family, Net Worth, Career, Pastor Paul Mackenzie Biography, Age, Education, Place of Birth, Family, Career, Net Worth, Tony Elumelu Biography, Age, Education, Family, Career, Net Worth, Dauda Lawal Dare Biography, Age, Education, Family, Career, Net Worth, William Shakespeare Biography, Age, Education, Family, Career, Net Worth, Joe Ajaero Biography, Wikipedia, Age, State of Origin, Date of Birth, Sky Bri Biography, Age, Education, Family, Career, Net Worth, Mr Beast Biography, Age, Education, Family, Career, Net Worth, Lazarus Biography, Age, Education, Family, Career, Net Worth, Simon Ateba Biography, Age, Education, Family, Net Worth, Mary Lazarus Biography, Age, Education, Family, Career, Net Worth. He founded Zenith Bank in June 1990 and was its pioneer Managing Director/Chief Executive for 20 years, until he retired in July 2010. She also sits on the Board of several organisations. The two parts of Jim Ovia that will make him immortal Jim Ovia Biography, Early Life, Age, Family, Education, Career And Net . He is also an Alumnus of Harvard Business School (OPM). Jim also worked with Merchant Bank of Africa setting up the corporate division, and Lion Bank, where he rose to the post of branch manager in Lagos. Ovia's first move, therefore, was to bring ATMs to Nigeria, effectively bypassing the human traffic that clogged so many banking halls and doing away with the over-the-counter culture that reigned. [3][4], He is the founder of Zenith Bank Plc,[5] Nigeria's tier-1 bank and one of the most profitable financial institutions in Nigeria until 2010, when he moved into the chairman role. Buhari gave the commendation in a message. But I insisted because red signified power, he later explained. Zenith Bank was ranked 325th in the world by The Banker in their 2016 list of the Top 1000 World Banks. When duty called recently, Ocean Marine Solutions Limited, OMSL, saved Nigeria from what would have been a monumental international embarrassment. Canadian twin-menace, Jyoti and Kiran Matharoo, in police net for trying to blackmail Femi Otedola with their website, naijagistlive, Nigeria to Spend Abacha Loot on Second Niger Bridge, Lagos-Ibadan, Abuja-Kano Expressway Malami, Indian twin-menace: Nigerias most promiscuous sisters, Jyoti and Kiran Matharoo. [9][10], During two decades of leadership, he helped position the bank as one of the largest and most profitable in Africa. An avid fan of iconic architecture, he developed the Civic Centre and Aquamarine Boat Club to exploit Nigerias burgeoning hospitality sector. Talking about early life challenges that could have truncated his future, Ovia wrote in his memoir: When I was just four years old, my fatherwho was in his mid-fiftiessuffered a massive heart attack and died several weeks later due to inadequate medical facilities. Farooq A. Kperogi:Obi Seems to Be Poverty-Shaming the North, But Is He? He foundedZenith Bankin 1990. The audition . He is not dating anyone. She is her own person and plies her own trade, away from the blinding glare of cameras fishing for gossip. He was succeeded by Godwin Emefiele, one of his pioneer staff who had grown through the ranks to become Deputy Managing Director. "When . Mummy Dearest Jim Ovia's Wife, Kay's Unusual Love For Her Step
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