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Zenith Bank Wins Best Commercial Bank, Corporate Governance Award


Zenith Bank Plc has emerged as the best commercial bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for the fourth consecutive year. The bank was also named as the best financial institution in corporate governance, Nigeria for the third year running in the World Finance Corporate Governance Awards 2024.

The awards, published in the Summer 2024 issue of the World Finance Magazine, are in recognition of the bank’s robust financial performance, superior customer service, sustainability initiatives and corporate governance practices.

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Commenting on the recognition, Group Managing Director and Chief Executive of Zenith Bank Plc, Dr. Adaora Umeoji, said: “The 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 the awards back-to-back for several years signifies the commitment of our staff, loyalty of our customers and support of our shareholders. We remain devoted to setting industry benchmarks and driving excellence across all aspects of our operations.”

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Umeoji expressed delight at the recognition and dedicated the awards to the Founder and Chairman of the bank, Dr. Jim Ovia, for his impactful leadership in establishing a robust and flourishing institution.


She also commended the board for their vision and insight, the staff for their unwavering dedication and the bank’s customers for choosing Zenith Bank as their preferred financial institution.

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World Finance is a leading international magazine providing comprehensive coverage and analysis of the financial industry, international business and the global economy.

The editorial combines award-winning reportage, covering a broad range of topics from banking and insurance to wealth management and infrastructure investment, with contributions from some of the world’s most well-respected economists and theorists as well as consultants in government think tanks and the World Economic Forum.

Zenith Bank’s track record of excellent performance has continued to earn the brand numerous awards, with these latest accolades coming on the heels of several recognitions including being recognized as the Number One Bank in Nigeria by Tier-1 Capital for the 14th year in the 2023 Top 1000 World Banks Ranking, published by The Banker Magazine.

“We were also awarded the Bank of the Year (Nigeria) in The Banker’s Bank of the Year Awards for 2020 and 2022 and Most Sustainable Bank, Nigeria in the International Banker 2024 Banking Awards,” she added.

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Other recognitions include Best Bank in Nigeria from 2020 to 2022 in the Global Finance World’s Best Banks Awards and Best Commercial Bank from 2021 to 2023 in the World Finance Banking Awards.

Additionally, Zenith Bank has been acknowledged as the Best Corporate Governance Bank in the World Finance Corporate Governance Awards for 2022 and 2023 and ‘Best in Corporate Governance’ Financial Services’ Africa from 2020 to 2023 by the Ethical Boardroom.

The bank’s commitment to excellence saw it 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 from 2020 to 2022 at the BusinessDay Banks and Other Financial Institutions (BAFI) Awards.

The bank also received the accolade of Most Sustainable Bank, Nigeria in the International Banker 2023 Banking Awards, Best Commercial Bank and Best Innovation in Retail Banking in the International Banker 2022 Banking Awards.

Zenith Bank was named 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 SERAS Awards Most Responsible Organization in Africa 2021.



Joshua Okoria

Joshua Okoria is a Lagos based multi-skilled journalist covering the maritime industry. His ICT and graphic design skills makes him a resourceful person in any modern newsroom. He read mass communication at the Olabisi Onabanjo University and has sharpened his knowledge in media practice from several other short courses. 07030562600, hubitokoria@gmail.com

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