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However, Zenith Bank, under the leadership of Onyeagwu, has maintained its leadership position in the banking industry.
In rising to the occasion, Onyeagwu has demonstrated that he has the wherewithal to supervise a management that will continue to deliver strong financial performance that the bank has been churning out.
A careful analysis of key parameters such as asset quality, profitability and return to investors, Zenith Bank’s track record has been impressive.
The numbers indicate that the bank is a clear market leader, growing its total assets and net income by an annual average of 15.7 percent and 15.5 percent over the last five years, according to the latest banking report released by Coronation Merchant Bank.
MONEY
Regardless of the challenging macroeconomic environment brought about by the COVID-19 pandemic among others, Zenith Bank under the leadership of its Group Managing Director, Ebenezer Onyeagwu, has maintained its leadership position, writes Oluchi Chibuzor
Last month made it two years since Mr. Ebenezer Onyeagwu assumed the position of Group Managing Director/CEO of Zenith Bank Plc.
Despite the very challenging macroeconomic environment brought about by the COVID-19 pandemic, which had a significant deleterious impact on businesses globally, Onyeagwu has demonstrated that he has a midas touch considering the strong financial performance the bank continues to churn out.
Rated on key parameters such as asset quality, profitability and return to investors, Zenith Bank’s track record has been impressive.
Rising issuance of Commercial Papers (CPs) in Debt Capital Market (DCM) over regular equities financing has become a source of worry to capital market operators, as stakeholders fear that the trend.
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