UBA, Zenith Bank New CEOs Get CBN Nod

The Central Bank of Nigeria (CBN) has approved Godwin Emefiele to take over from Jim Ovia as Managing Director and Chief Executive of Zenith Bank. It has also approved the appointment of Phillips Oduoza as Group Chief Executive designate of UBA.

Emefiele was appointed as deputy managing director, Zenith Bank in 2001. Prior to this appointment, he was the bank’s executive director in charge of corporate banking, treasury, financial control and strategic planning. He currently oversees all the Group’s local subsidiaries, treasury and correspondent banking and multilateral, conglomerates, & private banking. His current business development responsibilities also include direct supervision of majority of the bank’s branches in Lagos and northern Nigeria. Godwin Emefiele has been on the bank’s management team since inception.

Emefiele has over twenty-three years banking experience and holds a B.Sc and an MBA in Finance both from the University of Nigeria Nsukka.

Similarly, the appointment of Phillips Oduoza as group chief executive designate of UBA plc has been approved by the Central Bank of Nigeria (CBN).

Also approved by the apex bank are the appointments of Victor Osadolor as deputy managing director; Femi Olaloku as executive director and group chief operating officer; Kennedy Uzoka, executive director – Nigeria South; and Ifeatu Onejeme, executive director with responsibility for treasury, corporate and investment banking and the Group’s operations outside Africa.