FALLOUT FROM CBN’S TENURE LIMIT REVIEW: ZENITH BANK RE-APPOINTS FMR. DMD, ADAORA UMEOJI

Dr. Adaora Umeoji, has been reappointed by the board of Zenith Bank Plc as the lender’s deputy managing director. The announcement was made in a notice filed with the Nigerian Exchange Limited (NGX) on Friday. The re-engagement is effective August 2, 2023. The notice said that the Central Bank of Nigeria (CBN) had given its “no objection” to the re-engagement. Recall that the bank had earlier announced the retirement of Umeoji as its DMD in February this year in compliance with a new 10-years tenure limits for banks’ executives released…

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