Zenith Bank Plc has once again demonstrated its mettle, winning the prestigious title of Best Bank in Nigeria at the Global Finance Best Banks Awards 2024.
This extraordinary achievement is Zenith Bank’s fourth since 2019, demonstrating its sustained performance and dedication to excellence.
Zenith Bank’s rise to prominence has been distinguished by an unwavering commitment to excellence and innovation. With a competitive field that includes banks from 36 African nations, the Global Finance Best Banks Awards recognize the bank’s exceptional performance across multiple measures.
The editors of Global Finance spearheaded the selection process, which included extensive talks with industry experts and an assessment of both quantitative and qualitative criteria. These included asset growth, profitability, geographical reach, strategic alliances, new business development, and product innovation.
Dr. Ebenezer Onyeagwu, Zenith Bank’s outgoing Group Managing Director/Chief Executive, expressed gratitude for the distinction, saying, “This award serves as a powerful affirmation of our resilience and tenacity despite headwinds and a very challenging macroeconomic environment.” He also recognized the creator and chairman, Jim Ovia, CFR, for his innovative leadership, as well as the board, staff, and devoted consumers’ commitment to the Zenith brand.
In today’s quickly changing financial market, banks must adapt to technology improvements while retaining long-term viability. Joseph D. Giarraputo, publisher and editorial director of Global Finance, emphasized the importance of generative AI in transforming the banking business.
Zenith Bank’s ability to stay ahead of the curve by providing a diverse variety of services and encouraging technical innovation has been key to its success.
Zenith Bank has received other awards beyond the Best Bank in Nigeria title. The bank’s remarkable track record includes distinction as the Best Bank for Digital Solutions in Nigeria at the Euromoney Awards 2023 and inclusion in the World Finance Top 100 Global Companies in 2023.
Zenith Bank has also been recognized for its corporate governance, sustainability, and innovation in retail banking, among other accomplishments.