Zenith Bank Plc has once again emerged as the Best Commercial Bank in Nigeria, marking its fourth consecutive win in the World Finance Banking Awards 2024. The bank also secured the title of Best Corporate Governance, Nigeria for the third year in a row, as recognized by the World Finance Corporate Governance Awards 2024.
These prestigious awards, featured in the Summer 2024 Issue of the World Finance Magazine, highlight Zenith Bank’s exceptional financial performance, outstanding customer service, sustainability initiatives, and exemplary corporate governance practices.
Dame (Dr.) Adaora Umeoji, OON, Group Managing Director/Chief Executive of Zenith Bank Plc, expressed her pride in the dual honors. “These awards highlight our steadfast dedication to excellence, adherence to global best practices, and our persistent effort to deliver superior value to all stakeholders through innovative products and services. Receiving these awards consecutively for multiple years signifies the commitment of our staff, the loyalty of our customers, and the support of our shareholders. We remain devoted to setting industry benchmarks and driving excellence across all aspects of our operations,” she stated.
Dr. Umeoji also dedicated the awards to the bank’s Founder and Chairman, Dr. Jim Ovia, CFR, acknowledging his impactful leadership in establishing a robust and thriving institution. She extended her gratitude to the board for their vision, the staff for their dedication, and the customers for their unwavering loyalty.
World Finance, a leading international magazine, provides comprehensive coverage and analysis of the financial industry, international business, and the global economy. The publication is renowned for its in-depth reportage and contributions from esteemed economists and industry experts.
Zenith Bank’s consistent performance has earned it numerous accolades. Recently, it was recognized as the Number One Bank in Nigeria by Tier-1 Capital for the 14th consecutive year in the 2023 Top 1000 World Banks Ranking by The Banker Magazine. The bank has also been honored as the Bank of the Year (Nigeria) in The Banker’s Bank of the Year Awards for 2020 and 2022, and as the Most Sustainable Bank, Nigeria in the International Banker 2024 Banking Awards.
Additional recognitions include being named Best Bank in Nigeria for three consecutive years (2020-2022) in the Global Finance World’s Best Banks Awards and Best Commercial Bank, Nigeria for three consecutive years (2021-2023) in the World Finance Banking Awards. Zenith Bank has also been acknowledged for its corporate governance, receiving the Best Corporate Governance Bank, Nigeria title in the World Finance Corporate Governance Awards for 2022 and 2023, and ‘Best in Corporate Governance’ Financial Services’ Africa for four consecutive years (2020-2023) by the Ethical Boardroom.
Zenith Bank’s commitment to excellence extends to its branding and retail services, being named the Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500 Banking Brands for 2020 and 2021, and Retail Bank of the Year for three consecutive years (2020-2022) at the BusinessDay Banks and Other Financial Institutions (BAFI) Awards.
The bank was also awarded the Most Sustainable Bank, Nigeria in the International Banker 2023 Banking Awards and recognized for Best Innovation in Retail Banking, Nigeria in the International Banker 2022 Banking Awards. Additionally, Zenith Bank received the Bank of the Decade (People’s Choice) at the ThisDay Awards 2020, Bank of the Year 2021 by Champion Newspaper, Bank of the Year 2022 by New Telegraph Newspaper, and Most Responsible Organisation in Africa 2021 by SERAS Awards.