L – R: Vice Chancellor, University of Nigeria, Nsukka, Prof. Charles Arinzechukwu Igwe; Minister of State for Education, Rt. Hon. Goodluck Nanah Opiah; Pro-Chancellor and Chairman of the Governing Council of University of Nigeria, Nsukka, Amb. Bako Sani; Group Managing Director/CEO, Zenith Bank Plc, Dr. Ebenezer Onyeagwu; and Mrs Kachi Onyeagwu during the conferment of the Doctorate Degree in Business Administration on Dr. Onyeagwu by the University of Nigeria, Nsukka at the weekend.
By Our Reporter
The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, was on Saturday, March 25, 2023, conferred with a Doctorate Degree in Business Administration by the University of Nigeria, Nsukka.
The award, which is inrecognition of his immense achievements as Group Managing Director/CEO of Zenith Bankas well as his contributions to the growth of the financial services sector in Nigeria and across the African continent, was conferred on him during the 50th convocation ceremonyof the University.
Speaking during the conferment ceremony, the Vice Chancellor of the University of Nigeria, Prof. Charles Igwe, congratulated Dr. Ebenezer Onyeagwu for distinguishing himself in his career and for his service to humanity, which made him worthy to receive the prestigious Doctorate Degree from Nigeria’s first indigenous University.
In his acceptance speech, Dr. Ebenezer Onyeagwu expressed his gratitude to the University of Nigeria for finding him a worthy recipient of the Doctorate Degree in BusinessAdministration of one of the leading universities in Nigeria, considering the very rigorous process of selection of awardees by the institution.
In his words, “for me to have been considered and to have passed through the meticulous selection process makes it the more dignifying because I have no connection with the University.
”Noting that the award represents a validation of the outstanding corporate governance, ethical leadership, and overall outstanding performance that Zenith Bank is recording,
Dr.Onyeagwu dedicated the award to the board and management of Zenith, especially the Founder and Chairman, Dr. Jim Ovia, CFR, who has remained a mentor, a leader and asource of inspiration to everyone at the Bank and beyond; the staff, for being the shoulder and proverbial base of the pyramid upon which his achievements and success as CEO of the leading financial institution in Nigeria rests; the Bank’s customers for their unflinching loyalty to the brand; and to his family for their unceasing love and support.
Presenting the citation of Dr. Ebenezer Onyeagwu to the assemblage at the 50thConvocation Ceremony for the conferment of the Doctorate Degree in Business Administration, the orator of the University of Nigeria, Dr. Ikenna Onwuegbuna noted that Dr. Onyeagwu is an alumnus of Auchi Polytechnic, the University of Oxford,England and Salford Business School, University of Salford, Manchester, United Kingdom,Delta State University, Abraka. Also, he is an alumnus of Wharton Business School of the University of Pennsylvania, Columbia Business School of Columbia University, and theHarvard Business School of Harvard University in the United States.
Dr. Ebenezer Onyeagwu is a Fellow (FCA) of the Institute of Chartered Accountants ofNigeria (ICAN), a Fellow of the Nigerian Institute of Management (NIM), The Chartered Institute of Bankers of Nigeria (CIBN), the Institute of Credit Administrators (ICA) and SeniorAssociate Member, Risk Management Institute of Nigeria (RIMAN).
Dr. Onyeagwu is the Chairman of the Body of Banks’ Chief Executive Officers, Nigeria and Chairman of Zenith Pensions Custodian Limited and Zenith Nominees Limited. He is also on the Board of Zenith Bank (UK) Limited, FMDQ Holdings Plc and Lagos StateSecurity Trust Fund (LSSTF).
He is a member of the InternationalMonetary Conference (IMC), the Wall Street Journal CEO Council, member of the AfricanTrade Gateway Advisory Council of the Africa Export-Import Bank (Afreximbank), and member of the Governing Council of the Chartered Institute of Bankers of Nigeria (CIBN).
He also served on the board of Zenith Bank Ghana Limited, Zenith General Insurance,Zenith Securities Limited, Zenith Assets Management Company, Zenith Medicare Limited,and Africa Finance Corporation (AFC).Dr. Onyeagwu’s track record of excellence has also seen him win several individual awards,including being named Bank CEO of the Year (2019) by Champion Newspaper, Bank CEOof the Year (2020, 2021 & 2022) by BusinessDay Newspaper, CEO of the Year (2020 and2021) – SERAS Awards, and CEO of the Year (2022) – Leadership Newspaper.
Other recipients of Doctorate Degrees at the 50th convocation ceremony include former Governor of Delta State, Dr. Emmanuel Uduaghan, who was conferred with the Doctor ofPublic Administration, and the Chairman of Hobark International Limited, Dr. Obiora Fubara,who received the Doctor of Business Administrat ion. A retired Justice of the Supreme Courtof Nigeria, Justice Mary Odili, was conferred with the Doctor of Law; however, herconferment was deferred to a later date because she was unavoidably absent at theceremony.
