Monthly Archives: September 2017

JIM OVIA RECOGNISED IN AMERICA AS AFRICA’S BUSINESS LEADER

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Endorsement and recognition has again come the way of Jim Ovia, Chairman of Zenith Bank Plc. as he was on Tuesday night recognized as a leading entrepreneur in Africa by the African-American Institute (AAI).

Ovia, in what is a reward for his business leadership and philanthropy, received the AAI 2017 Business Leader Award at a ceremony held on the sidelines of the ongoing United Nations General Assembly in New York, the United States. He was recognized for impacting hugely on enterprise and human resource development on the continent.

Ovia, founding Group Managing Director and CEO of Nigeria’s largest bank, was honoured along with President Nana Akufo-Addo of Ghana (National Achievement); Nicole Amarteifio, (Leadership in African Media and Arts); and Bozoma Saint-John, Chief Brand Officer, UBER (Innovation & Technology) as Africa’s best

The Africa-America Institute was set up in 1953 to help increase Africa’s human capacity for development through training and education and recognizes Africans who have demonstrated remarkable achievements in various fields, the intention being to present the award winners at the high profile stage of the UN General Assembly as representatives of the great work going on in Africa.

The AAI awards, which is announced annually and showcases Africa’s best, has honored individuals who are working to fulfill AAI’s mission of increasing Africa’s human capacity for development and promoting engagement between the African continent and America.

The awards are presented at a special gala night bringing together African Heads of State and diplomats, international and senior U.S. government officials, business and civil society leaders, educators, journalists, philanthropists and other prominent figures who are working towards advancing economic and development progress in Africa

Ovia was at the helm of affairs at Zenith Bank, from inception, for 20 years until his resignation in July, 2010 but was reappointed the Chairman of the bank in 2014. He was a member of the National Economic Management Team of Nigeria and he is a member of the Honorary International Investors’ Council.

Jim Ovia is a philanthropist and the founder and proprietor of James Hope College, Agbor, Delta State. His foundation, the Jim Ovia Foundation, which focuses on providing scholarship to the less-privileged, has a number of beneficiaries that are now qualified medical doctors, engineers, etc.

He is also the Founder of several enterprises and philanthropic institutions including the Youth Empowerment & ICT Foundation, which focuses on improving the socio-economic welfare of Nigerian youths by empowering them to embrace Information and Communication Technology.
In recognition of his achievements particularly in support of the Nigerian economy, Jim Ovia was conferred with the national award of Commander of the Order of the Niger (CON) in November, 2011.

Jim Ovia holds a Master’s degree in Business Administration (MBA) from the University of Louisiana, Louisiana, USA (1979) and a B.Sc. degree in Business Administration from Southern University, Louisiana, USA (1977). He is an alumnus of Harvard Business School (OPM).

‘3sc Woes Not Financial, Shake Up Imminent’ -Chairman, Gbolagade Busari

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The Executive Chairman of the Shooting Stars Sports Club, 3SC, Mr Gbolagade Busari has hinted that major decisions at improving the fortunes of the club will be made in a matter of weeks, emphasizing that the club’s poor performance was not due to the lack of funding.

He said that both the players and the technical crew are going to be evaluated by the management with proper restructuring in the pipelines.

Busari, therefore, appealed to the teeming fans of the team to remain calm, assuring that necessary measures will be put in place to marshal the team back to the premiership in due course.

This was after the unfavorable outcome of Gombe United / Wikki Tourists rescheduled match in Maiduguri.

He disclosed that the current situation of the team was not as a result of lack of adequate support from the government, stressing that 3SC is the only agency that still gets its monthly subvention regularly from the government despite the cash crunch in the country.

Also, Mr. Gbolagade Busari on Sunday in Ibadan, explained that the Club, 3SC, gets monthly subvention of N12m for players’ salaries, technical crew and administrative staff while gate takings (at an average of N1m per match with the money realized from sponsorship deals) are all utilized for match prosecution, allowances as well as bonuses of the players.

He went further that no one should put the blame of the team’s poor performance at the door steps of the government but rather the commitment of the players.

Zenith Bank Receives D’Tigress (vows to continue support for basketball)

Zenith-Bank-and-DTigress

Sponsor of the National Women Basketball League, Zenith Bank, on Thursday received the victorious AfroBasket champions, D’Tigress at the company’s headquarters in Lagos.

The Group Managing Director of Zenith Bank, Peter Amangbo, congratulated the players and officials for the remarkable feat recorded in Bamako, Mali.

D’Tigress were glorious at the championship as they won all their matches including two against the defending champions and tournament favourites, Senegal. The first was a group match which they won 58-54 and the second was the final which ended 65-48.

Amangbo stressed that the bank and indeed Nigerians were proud of the achievement of the team at the AfroBasket

He said: “It was not only the win that was exciting but also the way you won. During the competition, we were following your progress with keen interest and it is heartwarming that you came back as champions.

“We always support people who are committed just like you. Nigerians have made a mark in basketball. We all know about the exploits of Akeem Olajunwon. Raptors is my favourite team and the GM of the team is a Nigerian.”

The Zenith Bank boss also stressed that the company will throw its weight behind the team for the World Championship slated for Spain next year.

“Now that you are going to Spain, we are going to support you again for the competition,” he added.

Captain of the team, Aisha Muhammed, commended the bank for hosting the team, and supporting the game in the country.

“I am happy to be here because the support Zenith has been giving the game is a big one for our colleagues playing in Nigeria,” she said.

The team was rewarded with cash awards, which were paid into accounts opened for them during the visit, and for which they were all presented with Debit Cards.

The vice president of the Nigeria basketball federation, Babatunde Ogunade, who led the team showered praises on Zenith Bank for its continued support for the game.

He noted the fact that the bank had through its sponsorship of the women league enabled Nigerians women basketballers to challenge for the leadership of game in Africa.

Ogunade also said that three members of the winning team, Chioma Udeaja, Nkechi Akashili and Upe Atosu featured in the recently held Zenith Women league.