Adaora Umeoji, First Woman To Lead Zenith Bank, Holds Shares Worth 2.2 Million

Adaora Umeoji, CEO of Zenith Bank Plc, has driven significant growth at Nigeria's leading lender since taking over in June 2024. Her personal wealth has also increased, with her stake in the bank now valued at over 2.2 million due to a rise in Zenith Banks shares on the Nigerian Exchange NGX.

Umeoji succeeded Ebenezer Onyeagwu , whose five-year tenure ended on May 31, 2024, leaving behind a legacy of solid financial performance. Umeoji holds 91,710,123 shares in Zenith Bank, including 90 million directly and 1,710,123 through Palais Vendome Limited.

With Zenith Banks stock trading at N39.5 0.024 per share, her stake now stands at N3.61 billion 2.2 million. The market value of Umeojis shares has increased by more than half a million dollars since May, when her stake was valued at N2.75 billion 1.67 million.

The recent surge reflects Zenith Banks rising market capitalization, which now stands at N1.24 trillion 754.4 million, cementing Umeojis standing as one of Nigerias most affluent banking executives. Her rapid ascent to the top, coupled with a stellar professional background, makes Umeoji one of the key figures shaping the future of Nigerias financial industry.

Umeoji's diverse credentials reflect her expertise across multiple fields. She holds degrees in sociology from the University of Jos, as well as accounting and law from Baze University, where she earned First-Class honors. Umeoji also holds a Master of Laws from the University of Salford, UK, and an MBA from the University of Calabar.