Company Name: Zenith Bank Plc

Parent Company: N/A

Industry: Banking, Financial Services

Operating Income: Approx. ₦796 billion profit before tax (PBT) in 2023 (~US $1.05 bn)

Year Established: 1990

Headquarters: Lagos, Nigeria

Markets: Nigeria, Ghana, Sierra Leone, Gambia, South Africa, UAE, UK

Leadership

CEO Name: Adaora Umeoji

Company Overview

Zenith Bank is among Nigeria’s largest and most profitable banks. In 2023, it achieved triple-digit growth in gross earnings (₦2.13 trn, +125%), profit before tax (₦796 bn, +180%), and profit after tax (₦677 bn, +202%) . The bank grew its interest and non-interest income, improved its cost-to-income ratio (to 36%), and strengthened returns on equity (36.6%) and assets (4.1%) . It’s also expanding digitally and transitioning to a holding company structure to better support fintech initiatives .

Industry

Full-service commercial banking, with offerings in corporate finance, retail banking, digital banking, treasury, trade finance, and payments.