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-storeys. From a single branch in a residential building, Zenith bank now has hundreds of branches all over Nigeria, and several subsidiaries in other countries. He is also an Alumnus of Harvard Business School. His father was one of the most revered chiefs in Agbor Kingdom, Delta State. Send Us A Press Statement/News Tips on 9ja Happenings:[emailprotected], Cosmas Maduka: Biography, Age, Wife, Children, Net worth, Source of Wealth, and Controversy, Timini Egbuson: Biography, Age, Education, Girlfriend, Movies and Things You May Not Know, FrankNnaemekaNweke Jnr: Biography, Age, Education, Wife, Children, Net Worth, and Controversy, Top 10 richest rappers in the world and their net worth, Suicidal thoughts among American kids on the rise Study, Your email address will not be published. They are Isioma, Zephia, Tito, Tomi and Jesse. Jim Ovia Biography; Net Worth, Age, Height, Children, First Wife - ABTC 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. , money, salary, income, and assets. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window). If he was studying business administration, he reasoned, it was better for him to have advance knowledge of technology rather than being caught unawares. Discover today's celebrity birthdays and explore famous people who share your birthday. The latter was acquired by MTN, the largest telecommunications company in Africa, in 2015 for a price that has not been disclosed. 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. Your IP: Kay Ovia's net worth is yet to be reviewed. Jim Ovia Makes A Bold Move For Education - Business Hallmark READ MORE:What weve learnt so far from Jim Ovias Africa Rise And Shine. 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. What weve learnt so far from Jim Ovias Africa Rise And Shine, CBN debits banks another N459.7 billion for failure to meet CRR target, Tether: King of digital dollar-denominated asset, Digitization of the U.S Dollar faces U.S Senate hearing. Jim James Ovia is a Nigerian businessman and a resident of Agbor, which is located 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. 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). Language links are at the top of the page across from the title. He is the founder and Chairman of Mankind United to Support Total Education . He is not dating anyone. Banker, Jim Ovia's daughter marries TV personality, Illrymz - YNaija We have estimated Some of my colleagues said we cant use red for a bank because it signifies danger, or war. 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. READ ALSO: You wont believe how much Jim Ovia made in just one day! 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. degree in Business Administration from Southern University, Baton Rouge, Louisiana, USA (1977). Pomp and grandeur as Governor Ambode launches One Lagos brand, BREAKING: Ex-PDP BOT Chairman, Tony Anenih, Dies At 85, Debt and disease! 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). Ovia chairs a number of boards including Nigerian Software Development Initiative (NSDI), National Information Technology Advisory Council (NITAC), Quantum Markets Limited and Cyberspace Network Limited. Jim Ovia is married to the love of his life, Kay Ovia who is the Chief Executive Officer at Quantum Markets Ltd. together they have five children named Isioma, Zephia, Tito, Tomi, and Jesse. Do well to Leave a Comment in the Section Below. Im greatly motivated. His exceptional skills and achievements have been severally recognized, and he has received awards such as the Professional Leadership Award at Zik Awards, 1999; Vanguards 20 Most Outstanding CEOs in Corporate Nigeria in 2002; Lifetime Achievement Award at Africans Bankers Award 2015; as well as the prestigious Commander of Order of the Federal Republic of Nigeria which he received in 2011. Jim Ovia holds a masters degree in Business Administration from theUniversity of Louisiana, Monroe, Louisiana, USA in 1979 and a B.Sc. He doubles as the chairman of various IT Softwares which includes Cyberspace Network Limited, Nigerian Software Development Initiative (NSDI) and the National Information Technology Advisory Council (NITAC). He founded Zenith Bank in 1990. His motivation for doing so was the potential role that technology may play in the Nigerian economy. November 21, 2014. In 2017, the Bank issued a 500 million dollar Eurobond, which was oversubscribed by a factor of four and priced at a level that was superior to the comparable home country sovereign bond. As the founder and chairman of Zenith Bank, and with a net worth of [] He is the founder and Zenith Bank and also the largest individual shareholder of the bank. [9][10], During two decades of leadership, he helped position the bank as one of the largest and most profitable in Africa. Zenith Bank started off with N20 million (then equivalent of $4 million) in shareholders funds. Your email address will not be published. Buhari, Osinbajo, Tinubu, Ambode, others honour Jim Ovia 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-storeys. While studying for a degree in business administration, Jim Ovia developed a keen interest in computer science and information technology, so serious that he decided to incorporate it into his program. The audition . Kay certainly understands the rigours involved in bringing a child to the world. She doesn't speak much but her actions sing her praises louder than she could ever have. 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 Ovia - Wikipedia [CDATA[ 'Not Necessary To Be Born Rich' - Forbes Africa However, a new policy from the Central Bank of Nigeria on tenure of Bank CEOs compelled him to retire earlier than he planned. Jim Ovia is one of the icons of the Nigerian banking sector. He also . 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! 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. 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. The name Jim Ovia certainly rings a bell for every man and his dog. An interesting and motivating piece of an upwardly mobile man. This is 2021 and the naira has dropped to about NGN410 to a dollar. 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. 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. . "When . His father was one of the most revered chiefs in Agbor Kingdom, Delta State. She is hardly likely to shun a well-meaning invitation. Save my name, email, and website in this browser for the next time I comment. He was awarded an honorary doctorate degree in the 50th convocation ceremony of the University of Lagos [1]. [11][12] He is a member of the Honorary International Investor Council as well as the Digital Bridge Institute (DBI). Top on the list of his achievements, he counts the Jim Ovia foundation which has four arms: The James Hope College, Jim Ovia Scholarship, Jim Ovia ICT Entrepreneurs Programme and Empower Youth Program. 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. Okowa commends Jim Ovia's contribution to humanity The Real Housewives of Miami's Julia Lemigovia shares the sweet story of how she met wife and pro tennis star Martina Navratilova. ex- Delta governor, James Iboris CSOs wife, Nelly Udele pays N7.5m for N500m NITEL property, One Lagos! Ovias peculiar interest in technology was a strong factor in favour of the bank, as he was way ahead of the others in that regard. The revelations came to the fore as more than 380 journalists from 96 media organisations in 67 countries scrutinized leaked data obtained by German newspaper, Suddeutsche Zeitung, and the International Consortium of International Journalists (ICIJ) from two offshore secrecy providers (Appleby and Asiaciti Trust) and 19 secrecy jurisdictions around the world. News ), Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. This website is using a security service to protect itself from online attacks. Corrections: An earlier version of this article erroneously stated Jim Ovias year of birth as 1957. In close proximity to this structure, he constructed the Civic Towers, a 15-story office complex that is often jokingly referred to as Nigerias Empire State Building. He founded Cyberspace Limited to offer internet services and Visafone Communications Limited to offer telecommunications services. Racy flash trend confuses users, How to add music to BeReal with Spotifys new personalization feature, Share This Post On WhatsApp, Facebook, Twitter, Instagram & Telegram. Your email address will not be published. He Currently holds a B.Sc and Master's Degree in Business Administration from the Southern University and the University of Louisiana, USA Respectively. 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. degree in Business Administration from Southern University, Baton Rouge, Louisiana, USA in 1977. In addition to the Lagos Marriott Hotel and the Aquamarine Boat Club, he also owns the over 15-story Civic Towers, which are properties that are together worth billions of Naira and are located in various parts of the country. Learn How rich is He in this year and how He spends money? Amongst his books are "Africa Rise and Shine". Kay Ovia (Jim Ovias Wife) Biography, Age, Husband, Children, Net Worth, Who is Sheikh Abdullah Kamal? Additionally, the bank has a strategic international presence in the United Kingdom, Dubai, China, Ghana, Sierra Leone, and the Gambia. She is also the MD/CEO of Quantum Markets Limited. Content created and supplied by: Pepsy48 (via Opera He is the founder and Zenith Bank and also the largest individual shareholder of the bank. What Happened to Carolyn Bryant? Jim Ovia is the second son in the family of Obi Olihe of Agbor-Obi. Her stated motive is to unearth gems that might otherwise forever remain undiscovered due to deprivation. After his Primary Schooling, Jim proceeded to Ika Grammar School, Bojiboji- Owa for his Secondary Education where he Obtained his WASSCE. 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 . He was the recipient of a Nigerian national honor. Talking about early life challenges that could have truncated his future, Ovia wrote in his memoir: When I was just four years old, my fatherwho was in his mid-fiftiessuffered a massive heart attack and died several weeks later due to inadequate medical facilities. Jim Ovia Marriag:Kay Ovia, she istheMD/CEO at Quantum Markets Ltd. Jim Ovia Children:Jim Ovia is married to Kay Ovia and their union is blessed with five children Isioma, Zephia, Tito, Tomi and Jesse. Top 20 Richest People in Nigeria 2023 - The Complete List - BuzzNigeria.com She is a Graduate with a Degree in Management from Enugu State University of Technology (ESUT). 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). In 1990, Jim Started Zenith Bank after there was a decision to deregulate banking Sectors which were not performing up to Expectation in Nigeria. (function () { They respond to her love with even greater love and enthusiasm thus it is always difficult for anyone to know that she isnt their real mother. For Ovia, these arms have been his way of grooming the next generation. He is the Chairman of Cyberspace Network Limited. Aren't The Ovia's Lovely? Jim Ovia Cars Jim Ovia exercises restraint in making public his personal possessions, especially cars. One of the most significant data breaches in history is represented by the 1.4 terabytes of information that has been nicknamed the Paradise Papers. This breach includes 13.4 million individual records. The bank was 20 years old in July 2010, and ahead of time, Ovia had begun to plan his retirement. 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! Femi Otedola amassed his wealth mainly from investments in the oil and gas, insurance, and shipping sectors. [6][7][8] He was the recipient of a Nigerian national honor. Jim Ovia, dubbed the Godfather of Banking by Forbes Africa, earned this title by building Nigerias largest bank. STAR Rising Initiative led by Mrs Ovia, wife of former Zenith Bank chief executive, Jim Ovia, is set to launch the maiden edition of its talent-hunt show in Lagos. In 2017, the Bank issued a $500m Eurobond that was four times oversubscribed and priced better than the equivalent home country sovereign bond. 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? Jim Ovia Biography, Age, Wife, Children, Net worth, scholarship He is the Chairman of Cyberspace Network Limited. He had his primary education in Delta State, after which he enrolled at the prestigiousIka Grammar School, Bojiboji-Owa for his secondary education. He is also an Alumnus ofHarvard Business School(OPM. //Jim Ovia: From a clerk to founder of Nigeria's most profitable bank Once again, thanks for the write up. 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On Jim Ovia's daughter making Forbes' list | The Nation Newspaper Your email address will not be published. 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 . 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