Buhari, Osinbajo, Tinubu, Ambode, others honour Jim Ovia Jim Ovia was born on the 4th of November, 1951 to the large family of Obi Olihe of Agbor-Obi, in Agbor, Delta State. Jim Ovias contribution to the Nigerian economy has been recognized by successive governments; he was conferred with the national awards of Member Federal Republic (MFR, 2000) and Commander of the Order of Niger (CON, 2011). [3][4], He is the founder of Zenith Bank Plc,[5] Nigeria's tier-1 bank and one of the most profitable financial institutions in Nigeria until 2010, when he moved into the chairman role. According to Forbes, Jim Ovia has an estimated net worth of$550 million. He is the founder and Zenith Bank and also the largest individual shareholder of the bank. Ranked 325th in the world (The Banker, Top 1000 World Banks, 2016), Zenith Bank has over $16bn in assets today across over 300 branches in Nigeria, with a strategic international presence in the UK, Dubai, China, Ghana, Sierra Leone and the Gambia. Ovia's first move, therefore, was to bring ATMs to Nigeria, effectively bypassing the human traffic that clogged so many banking halls and doing away with the over-the-counter culture that reigned. Top 20 Richest People in Nigeria 2023 - The Complete List - BuzzNigeria.com He is currently single. According to reports from PREMIUM TIMES, the two individuals are among a number of prominent people throughout the world who are suspected of using phony leasing schemes to avoid paying VAT on jets that were brought into the EU. Among other things, the bank had to choose its colours and logo before commencing operations. Jim Ovia is married to Kay Ovia, she is the MD/CEO at Quantum Markets Ltd. and their union is blessed with five children - Isioma, Zephia, Tito, Tomi and Jesse. He also . Eden Palmer Cause Of Death: what happened to the actress? Buhari gave the commendation in a message. Opinion: What type of role model will the ruling class have hoisted on millions of Nigerians? Kay Ovia is the wife of Jim Ovia. adunit = 'nairametrics.com_336x336_responsive_DFP', Corrections: An earlier version of this article erroneously stated Jim Ovias year of birth as 1957. [citation needed], In October 2022, a Nigerian national honour of Commander of the Order of the Federal Republic (CFR) was conferred on him by President Muhammadu Buhari.[15]. The Governor of the Central Bank of Nigeria, Godwin Emefiele, and the Chairman of Zenith Bank Plc, Jim Ovia, have descended into a major tax avoidance scandal in Europe following revelations that they most likely skipped the payment of about11million value added tax while importing luxury jets into the European Union. 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This led to the revelations that have come to light. ZENITH BANK BOSS OVIA'S WIFE BROTHER,DAYO SWINDLES SISTER IN 10BILLION NAIRA PROPERTY DEAL. Jim Ovias impact on the Nigerian economy has been acknowledged by multiple governments, and in recognition of this, he was made a Member of the Federal Republic (MFR, 2000) and a Commander of the Order of Niger (CON, 2011). As the years went by, some banks which started off at the same time were forced to merge or sell out, but Zenith stayed strong. Jim Ovia is the second son in the family of Obi Olihe of Agbor-Obi. He founded Zenith Bank in 1990. He is the chairman and largest individual shareholder with a stake of slightly more than 9% stake. According to our Database, He has no children. An excellent profile of an icon.Great job Ruth. Jim Ovia is among the first ten richest bankers in Nigeria. How wife of Zenith Bank chief treats her husband children by another woman. 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NYSC Members Letter to His Abuja PPA Leaks Online, His English Shocks Many, Twitter users think Elon Musk is into age play and has secret account. Ambode Lauds Jim Ovia's Contributions To Accountacy, Banking Jim Ovia is one of the richest bankers in Nigeria, ranking in the top 10. He is not dating anyone. , money, salary, income, and assets. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. window.__mirage2 = {petok:"wzfiJTl4FOvwVzNH.vC_gAC4Ni4HlapOHy1d4sm8PQw-3600-0"}; [1][2], Jim Ovia holds a master's degree in Business Administration from the University of Louisiana, Monroe, Louisiana, USA in 1979 and a B.Sc. He was a member of the Governing Council of the Nigerian Investment Promotion Commission (19992007) and served on the board of American International School, Lagos (20012003). Save my name, email, and website in this browser for the next time I comment. Also learn how He earned most of networth at the age of 72 years old? He is the founder and Chairman of Mankind United to Support Total Education (MUSTE), a philanthropic organization focused on providing scholarships for the less privileged. His message is inspiring entrepreneurs and investors worldwide to cultivate their passion, follow their instincts, and act with courage as they pursue business ventures that reach beyond their wildest dreams. The leaked 1.4 terabyte data, now dubbed Paradise Papers, contains 13.4 million records and is no doubt one of the biggest leaks in history. 1950 Ovia is the founder of Visafone Communications Limited and the chairman of both the Nigerian Software Development Initiative (NSDI) and the National Information Technology Advisory Council (NITAC). By. Jim Ovia Biography, The family of Obi Olihe of Agbor-Obi includes Jim Ovia, who is the second son in the family. In his role as Chairman of Prudential Zenith Life Assurance Limited, he oversaw the historic partnership between Prudential UK, one of the largest life insurance companies in the world, and Zenith Life, Nigerias most rapidly expanding life insurance company. Jim was the Brain behind Visafone Communications Limited in 2007 and by 2015, it got acquired by MTN. Even then, he could see that technology would in the coming decades define the way business was done. He has assets worth billions of Naira in different parts of the country, including Lagos Marriott Hotel, the Aquamarine Boat Club, and the Civic Towers which has over a 15 . November 21, 2014. From a tender Age, Jim expressed high prowess in Entrepreneurial Activities which picked an interest in people around him. Jim Ovia's first wife is Kay Ovia who is the Chief Executive Officer of Quantum Markets Ltd. Jim Ovia Foundation Jim Ovia has a foundation called The Jim Ovia Foundation which seeks to invest in the Nigerian youths' unlimited and untapped potential, The foundation has awarded many scholarships to many brilliant but needy students. The audition . In 2014, Jim Ovia was named the 34th richest human in Africa. The leaked 1.4 terabyte data, now dubbed Paradise Papers, contains 13.4 million records and is no doubt one of the biggest leaks in history. He was the recipient of a Nigerian national honor. 'Not Necessary To Be Born Rich' - Forbes Africa [9][10], During two decades of leadership, he helped position the bank as one of the largest and most profitable in Africa. His father was one of the most revered chiefs in Agbor Kingdom, Delta State. Jim James Ovia(born November 4, 1951) is a Nigerian businessman, a native of Agbor in Delta State. Required fields are marked *. President Muhammadu Buhari on Monday commended the founder and Chairman of Zenith Bank, Jim Ovia, for his contributions to entrepreneurship in Nigeria. [6][7][8] He was the recipient of a Nigerian national honor. Her love for humanity knows no bounds and she spares no expense to translate this into impactful action. Ovia also founded the Quantum Group, Inc, where his wife, Kay Ovia, is CEO. Jim Ovia is the founder and chairman of Zenith Bank, one of the largest commercial banks in Africa. Jim Ovia is the founder of Zenith Bank, one of the largest commercial banks in Nigeria. Jim also worked with Merchant Bank of Africa setting up the corporate division, and Lion Bank, where he rose to the post of branch manager in Lagos. Adjacent to this, he built the Civic Towers, a 15 story office block that colloquially is referred to as Nigerias Empire State Building. In 1990, Jim Started Zenith Bank after there was a decision to deregulate banking Sectors which were not performing up to Expectation in Nigeria. Jim Ovia is among the first ten richest bankers in Nigeria. Some of my colleagues said we cant use red for a bank because it signifies danger, or war. Jim Ovia is the second son in the family of Obi Olihe of Agbor-Obi. Visafone was later sold to MTN for an undisclosed sum in 2015, after it had gathered about 3 million subscribers. In addition to Mrs. Kay Ovia, Jim Ovia's educationist wife, there is also Professor Ibidapo-Obe . Before we See Photos of his Wonderful family, Let's take a brief look at the history of the Billionaire CEO. Jim Ovia Biography, Age, Wife, Children, Net worth, scholarship According to a news report on the website of Fleetmon, Why Obasanjo, Others Cancelled Parties The list is swelling by the hour of the global companies which have been having grueling experience since the outbreak of the Coronavirus also Once again, Africas force of nature, billionaire Femi Otedola has been honoured for his philanthropic activities on the continent. Isioma Ovia, daughter of internationally acclaimed Nigerian banker, Jim Ovia, will walk down the aisle today, August 24, with her longtime partner, Ola Olowu, an advertising executive who. He is married to Kay Ovia who is Also a Successful Business Entrepreneur like himself. His uncle was against this decision, believing that it would become a distraction to him. Now, this is the sort of cool life we should all aspire to have! He worked for 3 years as a bank clerk before moving to USA, where he obtained his Bachelors and Masters degrees. Once again, thanks for the write up. 1. A raging crisis has taken hold of the family of,Kay the wife of Zenith Bank boss, Mr Jim Ovia. He is the Chairman of Cyberspace Network Limited. In its 2021 full-year audited financial. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform. READ ALSO: Tether: King of digital dollar-denominated asset. The latter was sold to MTN, Africas largest telco, for an undisclosed sum in 2015. Breaking: Nigerians Condemn Shells Plot to Smear Aiteo, Emir of Kanos Deposition: Why Former Access Bank MD, Aig-Imoukhuede, is the Worst Hit, OMSL to the RescueHow the Nigerian Company Rescued Chinese Vessel from Pirate Attack, So Sad How Coronavirus has Hampered the Nigerian, London and Dubai Socio-Economic Milieu, Femi Otedola Wins African Person of the Year, Grand travesty! He is also an Alumnus of Harvard Business School (OPM). Born from KwaMashu F-section, KwaZulu-Natal, South Africa. However, Jim is not the founder of Zenith bank. He had always instilled a high level of corporate governance across the Bank; enabling it to achieve a $850m GDR listing on the London Stock Exchange in 2013. There are no comments at the moment, do you want to add one? It does not matter that she is married to Jim Ovia, one of the biggest powerbrokers in the banking sector. 7 business lessons young Africans can learn from Nigerian billionaire After his Primary Schooling, Jim proceeded to Ika Grammar School, Bojiboji- Owa for his Secondary Education where he Obtained his WASSCE. The information in this article was curated from online sources. Business lessons from Jim Ovia - The founder of Zenith Bank Despite retiring from the position as CEO, he was appointed Non-Executive Director and Chairman, Board of Directors, four years later. What Happened to Carolyn Bryant? His net worth has been growing significantly in 2022-2023. He is the founder and Zenith Bank and also the largest individual shareholder of the bank. Jim Ovia received his Master of Business Administration degree from the University of Louisiana in Monroe, Louisiana, in the United States of America in 1979. He is a member of the Governing Council of Lagos State University, Lagos and a member of the Board of Trustees, Redeemer's University For Nations, Lagos. Learn how your comment data is processed. xmlhttp = new XMLHttpRequest();xmlhttp.onreadystatechange = function(){if(xmlhttp.readyState==4 && xmlhttp.status==200){var es = document.querySelectorAll("[data-id='"+adunit+"']");var e = Array.from(es).filter(function(e) {return !e.hasAttribute("data-rendered")});if(e.length > 0){e.forEach(function(el){var iframe = el.contentWindow.document;iframe.open();iframe.write(xmlhttp.responseText);iframe.close();el.setAttribute('data-rendered', true)})}}};var child=childNetworkId.trim()? The founder and chairman of Zenith Bank has been in the limelight for so long; he has all but attained iconic status. Jim Ovia, dubbed the Godfather of Banking by Forbes Africa, earned this title by building Nigerias largest bank. Asides from the financial Sector, Jim also has a keen interest in Information Technology (IT) and he did not relent in investing in this Sector. Lagos State Governor, Mr Akinwunmi Ambode on Monday highlighted the contributions of the Founder and Chairman of Zenith Bank, Jim Ovia to the accountancy and banking professions, calling on leading entrepreneurs in Africa to take time to expose the younger generations to their inspiring story with the view . Jim James Ovia (born November 4, 1951) is a Nigerian businessman, a native of Agbor in Delta State. As of today, Zenith Bank has over $16 billion in assets spread across over 300 branches in Nigeria. Jim Ovia's net worth Lagos State Governor, Mr Akinwunmi Ambode's comment on his predecessor and political godfather, Asiwaju Bola Ahmed Tinubu got guests cracking at the launch of the book "Africa Rise and Shine" written by the former Chairman of Zenith Bank, Jim Ovia, in Lagos. Amidst the economic instability at the time, and the tension between military and civilian regimes, Jim grew the bank in two decades to become one of the biggest in the continent, worth billions of dollars in assets. Jim James Ovia, Zenith Bank PLC: Profile and Biography For Ovia, these arms have been his way of grooming the next generation. She wouldnt ever maltreat them thus she commits to their development the way real mothers devote their time and their hearts to raising their eternal sweethearts. We have estimated As at 1990 when Zenith bank kicked off operations, there were not many buildings specifically designed for commercial or corporate purposes, so they started at a residential building which they shared with a young couple on one wing, with the bank on the other. degree in Business Administration fromSouthern University, Baton Rouge, Louisiana, USA (1977). With an estimated net worth of $5.9 billion, he ranks as one of the richest people in Nigeria. The delectable wife of Zenith Bank chief, Jim Ovia, effortlessly combines motherhood and wifehood in the same girth. Jim Ovia comes from a large family and is the Second Born Son of his Father, Obi Olihe of Agbor-Obia, who is a highly Placed Chief in Delta State. His early interest in technology was the reason Zenith bank became the first Nigerian company to have a functional website in 1995, and was able to smoothly migrate its operations from the analogue times to a technological era. The deregulation suddenly took the exclusive right to start a bank out of the hands of foreign global financial institutions, or a federal or state government institutions, and allowed Nigerians to establish banks. Additionally, the bank has a strategic international presence in the United Kingdom, Dubai, China, Ghana, Sierra Leone, and the Gambia. An interesting and motivating piece of an upwardly mobile man. Your email address will not be published. Motherhood According To Kay Ovia, Her Unusual Love for Children 2020-03-01 - Few women possess that rare attribute that makes them worthy of being called woman and mother but Kay Ovia is remarkably different. She doesn't speak much but her actions sing her praises louder than she could ever have. Language links are at the top of the page across from the title. In October 2022, a Nigerian national honour of Commander of the Order of the Federal Republic (CFR) was conferred on him by President Muhammadu Buhari. Adjacent to this, he built the Civic Towers, a 15 story office block that colloquially is referred to as Nigerias Empire State Building. He foundedZenith Bankin 1990. Save my name, email, and website in this browser for the next time I comment. He established Zenith Bank in the year 1990. He is the Chairman of Cyberspace Network Limited. Driven by the role that technology could play in Nigeria; he established Cyberspace Limited to provide internet services and Visafone Communications Limited to provide telecom services. Zakes Bantwini Biography, Net Worth, Wiki, Wife, Age, Children, Height Few women possess that rare attribute that makes them worthy of being called woman and mother in the same breadth but Kay Ovia is remarkably different. His motivation for doing so was the potential role that technology may play in the Nigerian economy. The Governor of the Central Bank of Nigeria, Godwin Emefiele, and the Chairman of Zenith Bank Plc, Jim Ovia, have descended into a major tax avoidance scandal in Europe following revelations that they most likely skipped the payment of about11million value added tax while importing luxury jets into the European Union. Farooq A. Kperogi:Obi Seems to Be Poverty-Shaming the North, But Is He? Cloudflare Ray ID: 7c0b62fabc0c1fda He attended Ika Grammar School, Bojiboji-Owa for his secondary education, before going to Lagos to join his elder brother. In time, the couple could no longer cope with the nuisance that came with being neighbours to a bank, and they moved out, giving the bank more space to operate. Im greatly motivated. He is a member of famous Businessman with the age 72 years old group. At the moment, he serves as both the Chairman and the primary shareholder of Zenith General Insurance Limited, which is recognized as Nigerias most lucrative general insurance company. But her husband, Jim has an estimated net worth of $550 million. Jim Ovia Biography; Net Worth, Age, Height, Children, First Wife - ABTC The name Jim Ovia certainly rings a bell for every man and his dog. An outstanding philanthropist, Jim Ovia is also the Founder and Chairman, Board of Trustees of James Hope College, a co-educational boarding school in Agbor, Delta State, Nigeria. Zakhele Madida (born May 26, 1980) stage name as Zakes Bantwini, is a South African singer, record producer and businessman. He is an alumnus of Harvard Business School (OPM), University of Louisiana (MBA) and Southern University, Louisiana (B.Sc). Jim Ovia is one of the icons of the Nigerian banking sector. She does not traffic in public admiration and has no use for hired vuvuzelas. But he is happily married to. The latter was sold to MTN, Africas largest telco, for an undisclosed sum in 2015. Femi Fani-Kayode expends fortune on mother-in-laws cancer treatment, CBN Speaks On Viral Report Of Planning To Stop New N1000, N500, N200 Notes, Tinubu Battles Intrigue As Masari, El-Rufai, Bagudu Jostle for SGF Slot, Kano Gov-Elect Will Review Sanusis Dethronement Kwankwaso, And the Matharoos meet their waterloo! Ranked 325th in the world (The Banker, Top 1000 World Banks, 2016), Zenith Bank has over $16bn in assets today across over 300 branches in Nigeria, with a strategic international presence in the UK, Dubai, China, Ghana, Sierra Leone and the Gambia. Top 10 most successful entrepreneurs in Nigeria in 2022: Who are they? degree in Business Administration fromSouthern University, Baton Rouge, Louisiana, USA (1977). READ MORE: Loan: CBN disburses over N300 billion to SMEs, health, agric, manufacturing sectors. Jim James Ovia CFR CON (born 4 November 1951) is a Nigerian businessman, he is the founder of Zenith Bank which he founded in 1990. Okowa commends Jim Ovia's contribution to humanity Like a nurturer of life and builder of joy, Kay understands the challenges of raising another womans children as ones kids hence she devotes herself fully and without restraint, to fostering children her husband had with another woman. To further equip himself, he worked as part- time computer operator at the defunct Baton Rouge Bank and Trust Company. We don't have much information about He's past relationship and any previous engaged. Her stated motive is to unearth gems that might otherwise forever remain undiscovered due to deprivation. Ovia is the founder of Visafone Communications Limited and the chairman of both the Nigerian Software Development Initiative (NSDI) and the National Information Technology Advisory Council (NITAC). Jim Ovia Wife Jim is married to Kay Ovia, Managing Director and Chief Executive Officer at Quantum Markets Ltd. Jim Ovia Source of Wealth - Zenith Bank PLC Forbes Africa bestowed the title of "Godfather of Banking" upon Jim Ovia for his accomplishment of establishing the most successful bank in Nigeria. He was awarded an honorary doctorate degree in the 50th convocation ceremony of the University of Lagos. Stepping down from Zenith bank was a very big blessing for me, because it afforded me the time to pursue other things which I would never have been able to do as CEO of Zenith bank, he later remarked in an interview. Few women possess that rare attribute that makes them worthy of being called woman and mother in the same breadth but Kay Ovia is remarkably different. The quality of friendship, affection and care shared by his wife and her stepchildren (Ovias children by another woman) reportedly gladdens Ovias heart thus he is always eager to celebrate Kay as the best wife and mother ever. You can purchase his book, Africa Rise and Shine here. Jim Ovia holds a master's degree in Business Administration from the University of Louisiana, Monroe, Louisiana, USA in 1979 and a B.Sc. She is also a Philanthropist Who have an Inner desire to cater for those who are not opportune to have a Good Life. Cause of Death, Bio, Age, Husband, Children, Net Worth, Victor Radley Bio, Age, Parents, Siblings, Nationality, Wife, Children, Height, Weight, Net Worth, Chaitanya Master Dhee Bio, Wiki, Cause of Death, Age, Wife, Children, Net Worth, Who is Craig Chamberlin? The 69 years Old Magnate hails from the Eastern part of Nigeria precisely in Agbor which is located at the heart of Delta State. She could be forgiven for riding her husband's coattails to garner some reflected fame but Kay is cut from more authentic cloth. Jim is also an Author of Books and he has written a lot out of his Experience and Expertise as a Successful Banker. He is the founder of the Youth Empowerment / ICT Foundation, which focuses on improving the socioeconomic welfare of Nigerian youths by inspiring and motivating them to embrace Information and communication technology. Plus, what being the first cast LGBTQ+ Housewife means to her.
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