By Uzoma Akobundu
The Central Bank of Nigeria (CBN) has endorsed the approval of the appointment of Mr Henry Oroh and Dr. Al-Mujataba Abubakar as Executive Director and Independent Non-Executive Director of Zenith Bank Plc respectively.
The Board of Directors of Zenith Bank recently approved the appointment of Oroh as Executive Director of the bank, saying the appointment is consistent with the bank’s tradition and succession strategy of grooming leaders from within.
Also, the Board approved the appointment of Abubakar, a Fellow of the Chartered Accountant (FCA), as an Independent Non-Executive Director.
Both appointments take effect from September 1, 2019, and have been approved by the CBN, according to a statement from Zenith Bank on Friday.
Oroh holds a Bachelor’s Degree in Accounting from the University of Benin, Edo State and an MBA from the Lagos State University as well as an LLB Degree from the University of Lagos. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and an honorary member of the Chartered Institute of Bankers (CIBN), Nigeria.
He has over two decades of banking experience. He began his banking career in 1992 at Citibank where he served for seven (7) years in Operations, Treasury and Marketing.
He joined Zenith Bank in February 1999 and has worked in various Groups and Departments within the Zenith Group Office. His expertise spans Operations, Information Technology, Treasury, Marketing, including the Manufacturing, Food and Beverages, Pharmaceuticals, Oil and Gas, Public Sector, Consumer, as well as Corporate Banking and Business Development.
In April 2012, he was seconded to Zenith Bank Ghana Limited as an Executive Director and became the Managing Director/ Chief Executive in February 2016, where he successfully spearheaded the phenomenal growth of the Zenith Brand both within the Ghana market and the West African sub-region.
Oroh has attended several Leadership Programmes and Executive Management Courses at the Harvard Business School, Columbia Business School, New York, University of Chicago, University of Pennsylvania, HEC Paris, JP Morgan Chase, UK and the Lagos Business School.
He comes to the Board of Zenith Bank Plc with strong competencies in Credit & Marketing, Operations, Information Technology, Treasury and impressive Leadership skills.
Dr. Abubakar is currently the Managing Director of Apt Pensions Funds Managers Limited.
He is a graduate of the Leeds Polytechnic, UK. He is a renowned Chartered Accountant and a Fellow of the Institute of Chartered Accountants of Nigeria.
Abubakar has extensive and tremendous experience in the financial services industry, audit and consulting. He worked with the firm of Akintola Williams Deloitte between January 2000 and November 2008, and rose to become the Partner and Board Member of West Africa sub-region. Prior to this, he had served on the Board of several financial institutions in Nigeria.
He has attended several management and leadership training programmes and conferences both within and outside the country.
He brings to the Board of the bank tremendous track record in Risk Management, Credit & Marketing, Auditing and very outstanding leadership skills.