In the International Banker 2024 Banking Awards, Zenith Bank Plc was recognised as the “Most Sustainable Bank, Nigeria,” holding the distinction for a second year in a row. The chief executive officer and group managing director of Zenith Bank, Dame (Dr.) Adaora Umeoji, OON, commented on the honour, saying, “We are deeply honoured to be recognised as the Most Sustainable Bank in Nigeria for the second time in a row.” Our unwavering dedication to sustainability and our conviction that ethical banking is crucial for long-term prosperity and societal impact are both highlighted by this esteemed award.
She presented the award to Dr. Jim Ovia, CFR, the Chairman and Founder of Zenith Bank Plc. She praised the Bank’s partners for their dedication and steadfast support in keeping Zenith a very prosperous organisation. “This outstanding accomplishment is a testament to the inspirational and influential leadership of our Chairman and Founder, Dr. Jim Ovia, CFR,” the statement read. His outstanding passion and foresight have been the main factors in our success. His strategic acumen and ability to inspire and lead have been crucial in propelling Zenith Bank to new heights.
In addition to our esteemed Board members’ strategic direction, our ever-diligent staff’s everlasting devotion, and our devoted customers’ staunch support, Dr. Ovia’s leadership has been instrumental in making our sustainability projects a reality. We are indebted to him for his unwavering quest of perfection and his enduring dedication to revolutionising the banking industry in Nigeria.
This acknowledgment upholds Zenith Bank’s standing as a leader in environmentally friendly banking methods, establishing a standard for excellence in the Nigerian banking sector and beyond. When it comes to tracking and reporting sustainability effects, the Bank has taken the lead. Zenith Bank has continuously released guaranteed stand-alone sustainability reports since being the first bank in Africa to do so in 2016 in compliance with the GRI Standards: Core Option. The Bank is one of the few organisations in Nigeria that uses a certified technology based on the globally acknowledged Greenhouse Gas (GHG) Protocol to track its carbon emissions.
As a firm believer in the Triple Bottom Line concept, which takes People, Planet, and Profit into account, Zenith Bank is dedicated to environmental, social, and governance (ESG) ideals. The Bank, a prominent financial institution catering to several economic sectors, regards Environmental and Social (E&S) risk management as crucial to its sustainable approach.
Due to its consistent high performance, Zenith Bank has been recognised with numerous awards. For example, it was named Best Bank in Nigeria by Tier-1 Capital for the 14th consecutive year in The Banker Magazine’s 2023 Top 1000 World Banks Ranking; it was named Best Bank for Digital Solutions in Nigeria in the Euromoney Awards 2023; it was listed in the World Finance Top 100 Global Companies in 2023; and it was named Best Commercial Bank, Nigeria, for three years in a row in the World Finance Banking Awards. These accolades are just a few of the many accolades Zenith Bank has received for its exceptional performance.
Bank of the Year (Nigeria) in The Banker’s Bank of the Year Awards 2020 and 2022; Best Corporate Governance Bank, Nigeria in the World Finance Corporate Governance Awards 2022 and 2023; The Ethical Boardroom named Africa’s best in corporate governance financial services four times in a row, from 2020 to 2023; The International Banker 2023 Banking Awards recognised Nigeria’s Most Sustainable Bank; the International Banker 2022 Banking Awards recognised Nigeria’s Best Commercial Bank and Best Innovation in Retail Banking.
The Bank also won three consecutive years’ worth of awards at the BusinessDay Banks and Other Financial Institutions (BAFI) Awards, including Retail Bank of the Year, Bank of the Year, and Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500 Banking Brands 2020 and 2021. In a same vein, Zenith Bank won the following accolades: Most Responsible Organisation in Africa 2021 by SERAS; Bank of the Year 2022 by New Telegraph Newspaper; Champion Newspaper’s Bank of the Decade (People’s Choice); and ThisDay Awards 2020.
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The International Banker Magazine, a leading worldwide source of reputable analysis and opinion on banking, finance, and international politics, is published by Finance Publishing Limited in the United Kingdom. It has gained respect throughout the world for its impact, honesty, objectivity, and veracity.
Through the International Banker Awards, the world’s most deserving financial institutions are honoured. These are the organisations that do their jobs extremely well, at the forefront of their respective industries, and by setting new benchmarks for performance that others will be inspired to meet. The 2024 Banking Awards were determined by a number of factors, such as the availability of much-needed funding for economic expansion, the application of cutting-edge innovation to improve security and productivity, the dedication to sustainability and ESG principles, and astute investment to maximise returns and shareholder value.
Source: press.ng
