See More, 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 helped put Zenith Bank at a Strategic position as being One of the First Most Profitable Banks in Nigeria. Farooq A. Kperogi:Obi Seems to Be Poverty-Shaming the North, But Is He? In 1990, Jim Started Zenith Bank after there was a decision to deregulate banking Sectors which were not performing up to Expectation in Nigeria. 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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. He is not dating anyone. If he was studying business administration, he reasoned, it was better for him to have advance knowledge of technology rather than being caught unawares. He is the Chairman of Cyberspace Network Limited. An avid fan of iconic architecture, he developed the Civic Centre and Aquamarine Boat Club to exploit Nigerias burgeoning hospitality sector. The Real Housewives of Miami's Julia Lemigovia shares the sweet story of how she met wife and pro tennis star Martina Navratilova. 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. (function () { , money, salary, income, and assets. Ovia headed numerous NGO's at various times including serving as the first President of the Nigeria Internet Group (20012003). With the help of other investors, Jim launched Zenith bank. What Happened to Carolyn Bryant? Once again, thanks for the write up. Jim Ovia's legacy in Nigeria is remarkable, and his achievements extend above and beyond his successful tenure as CEO of Zenith Bank. This prompted him to Study Business Administration in the Higher Institution. 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()? More so, technology was still considered with some skepticism at the time, and not many thought it would amount to much, but Jim held on to it. Left to fend for herself and her family, my newly widowed mother called upon her intuitive entrepreneurial skills to set up her own small trading business. The latter was sold to MTN, Africas largest telco, for an undisclosed sum in 2015. He was born in the year 1951. He is the founder and Zenith Bank and also the largest individual shareholder of the bank. The audition . Eden Palmer Cause Of Death: what happened to the actress? His father was widely regarded as one of the most powerful chiefs in the Agbor Kingdom of Delta State. After his service year, Ovia joined International Merchant Bank (IMB) in 1980, working his way up from the position of financial analyst to bank manager. He founded Zenith Bank in 1990. An inspiring profile it is. Some of my colleagues said we cant use red for a bank because it signifies danger, or war. Jim Ovia is one of the richest bankers in Nigeria, ranking in the top 10. 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 also an Alumnus of Harvard Business School. But he is happily married to. Zakes Bantwini Biography. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window). ','+childNetworkId.trim():'';xmlhttp.open("GET", 'https://pubads.g.doubleclick.net/gampad/adx?iu=/147246189'+child+'/'+adunit+'&sz='+encodeURI(size)+'&t=Placement_type%3Dserving&'+Date.now(), true);xmlhttp.send();})(); !function(){var t="611a52ccd5cc7aa94a532b7d",e="widget_611a52ccd5cc7aa94a532b7d",a=document.createElement("script");a.type="text/javascript",a.setAttribute("data-cfasyn","false"),a.src="https://widget-cdn.ketshwa.com/m/p/611a52ccd5cc7aa94a532b7d/1256.js",a.async=!0,document.body.appendChild(a),a.onload=function(){KetshwaSDK.showWidget(t,e)}}(); Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |, CBNs heterodox policies buoys credit growth, Loan: CBN disburses over N300 billion to SMEs, health, agric, manufacturing sectors. Required fields are marked *. childNetworkId = '21634543682', He is the chairman and largest individual shareholder with a stake of slightly more than 9% stake. Follow your instinct Over 1,500 students have been provided with university scholarships. This has now been corrected. 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. 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. Here are some business lessons from Jim. As the founder and chairman of Zenith Bank, and with a net worth of [] 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. He established Zenith Bank in the year 1990. 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. 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. She also sits on the Board of several organisations. 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. 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. Language links are at the top of the page across from the title. 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. He is among the first ten richest bankers in Nigeria. Kay Ovia's net worth is yet to be reviewed. 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. He is the Chairman of Cyberspace Network Limited. He is the founder and Zenith Bank and also the largest individual shareholder of the bank. Kay certainly understands the rigours involved in bringing a child to the world. Adjacent to this, he built the Civic Towers, a 15 story office block that colloquially is referred to as Nigerias Empire State Building. Factcheck please. 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. 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. She is her own person and plies her own trade, away from the blinding glare of cameras fishing for gossip. Kay Ovia is the wife of Jim Ovia. Jim Ovia and Wife, Kay Jim Ovia Net Worth Jim Ovia has an estimated net worth of $550 million, according to Forbes. Now, this is the sort of cool life we should all aspire to have! After retiring from the bank, he went on to establish other businesses based on potentials he could identify in the space. He was Reappointed as Chairman of the Bank in 2014 and the progress of Zenith bank has not slowed since then. Zenith Bank now has approximately $16 billion in assets disbursed over over 300 locations in Nigeria. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. He was awarded an honorary doctorate degree in the 50th convocation ceremony of the University of Lagos. 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. 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. Im greatly motivated. Driven by his knowledge and interest in technology, he established Cyberspace Limited in 1995 to provide internet services, and later the Visafone Communications Limited in 2007. [13], In September 2018, Ovia announced the publication of his book Africa, Rise and Shine published with ForbesBooks.[14]. Born from KwaMashu F-section, KwaZulu-Natal, South Africa. They are Isioma, Zephia, Tito, Tomi and Jesse. "When . You can email the site owner to let them know you were blocked. He is not the flash friend, the one everyone wants to copy and follow around. You can help Wikipedia by expanding it. 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. 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. 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. Full names: Jim Ovia Date of birth: 4th November 1951 Age: 69 years (2020) Place of birth: Delta State, Nigeria Nationality: Nigerian Education: Southern University, Baton Rouge, Louisiana, U.S.A Spouse : Kay Ovia Children : Isioma Ovia, Jesse Ovia Occupation: Businessman, writer Net worth: $550 million She is the initiator of the Star Rising Talent Hunt for children and young people. In This Program Young People are Given the Opportunity to harness their potentials and afterwards they are being Empowered to start up on their own. Femi Otedola amassed his wealth mainly from investments in the oil and gas, insurance, and shipping sectors. 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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 currently the Chairman and majority shareholder of Zenith General Insurance Limited; Nigerias most profitable general insurance company. In 2014, Jim Ovia was named the 34th richest human in Africa. He is from Nigerian. When duty called recently, Ocean Marine Solutions Limited, OMSL, saved Nigeria from what would have been a monumental international embarrassment. 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. And he pioneered the Affairs of Managingthe Bank for 20 years before Retiring in 2010. Why Nigeria should align with African Unions Health Information Exchange (HIE) Standards and Guidelines, Farooq A. Kperogi: Partisan Comparisons of Channel TVs Seun and Arise TVs Rufai. The two men are among a number of personalities around the world believed to have used artificial leasing schemes to avoid VAT on jets imported into the EU, PREMIUM TIMEShadreported. Her stated motive is to unearth gems that might otherwise forever remain undiscovered due to deprivation. [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. Among other things, the bank had to choose its colours and logo before commencing operations. Due to her unrelenting affection and care, Kays step-kids equally endeavour to do her proud. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. He is a member of the Honorary International Investor Council as well as the Digital Bridge Institute (DBI). Kay is the Chief Executive Officer of Quantum Markets and initiator of the Star Rising Talent Hunt for children and young people. Meet the co-founders and their net worths, Meet Ons Jabeur, Africa's best tennis player, Meet Robert Ross the young man dating Phoebe, Bill Gates's daughter, Meet Ishaya Tanko, the non-Plateau indigene appointed 10th Unijos VC, Umar Namadi Dammodi: Biography, Age, Wife, Career, Controversy, and More, Things you may not know about Simon Ekpa, IPOB's Nnamdi Kanu, Finland-based disciple, Francis Nwifuru: Biography, Age, Wife, Children, Career, Controversy and More, Umo Eno: Biography, Age, Wife, Career, Source of Wealth, Controversy, and More. 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. Required fields are marked *. This led Kay to launch a programcalled the Star Rising Talent Hunt for children and young people. 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. Ovia also founded the Quantum Group, Inc, where his wife, Kay Ovia, is CEO. To further equip himself, he worked as part- time computer operator at the defunct Baton Rouge Bank and Trust Company. The Chairman of Zenith Bank Plc, jim ovia, is an astute businessman who has, over the years, successfully built many enterprises that can stand the test of time. Canadian twin-menace, Jyoti and Kiran Matharoo, in police net for trying to blackmail Femi Otedola with their website, naijagistlive, Nigeria to Spend Abacha Loot on Second Niger Bridge, Lagos-Ibadan, Abuja-Kano Expressway Malami, Indian twin-menace: Nigerias most promiscuous sisters, Jyoti and Kiran Matharoo. Cause of Death, Age, Bio, Career, Family, Drama as MC Oluomo snubs Shina Peller at an event over politics (Video), I have rejoiced with people and now its my turn Regina Chukwu fulfills her covenant with God. Jim Ovia holds a masters degree in Business Administration from theUniversity of Louisiana, Monroe, Louisiana, USA in 1979 and a B.Sc. 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. More than 380 journalists from 96 media organizations in 67 countries scrutinized leaked data obtained by the 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. We recommend you to check the complete list of Famous People born on 4 November. Jim Ovia Biography, The family of Obi Olihe of Agbor-Obi includes Jim Ovia, who is the second son in the family. My oldest brother, who was almost twenty years my senior and working in Lagos, sent part of his wages home each month to help pay my school expenses.. 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. 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. In 1980, Jim Ovia founded Zenith Bank, one of the most influential banking institutions in the West African nation. We will update Jim Ovia's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. ZENITH BANK BOSS OVIA'S WIFE BROTHER,DAYO SWINDLES SISTER IN 10BILLION NAIRA PROPERTY DEAL. He foundedZenith Bankin 1990. However, a new policy from the Central Bank of Nigeria on tenure of Bank CEOs compelled him to retire earlier than he planned. The founder and chairman of Zenith Bank has been in the limelight for so long; he has all but attained iconic status. In September 2018, Ovia announced the publication of his book Africa, Rise and Shine published with ForbesBooks. 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? 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. Jim James Ovia(born November 4, 1951) is a Nigerian businessman, a native of Agbor in Delta State. He is currently the Chairman and majority shareholder of Zenith General Insurance Limited; Nigerias most profitable general insurance company. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Why billionaire housewives dread them. 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 headed numerous NGO's at various times including serving as the first President of the Nigeria Internet Group (20012003). Your IP: After the deregulation of the banking sector during the military administration of General Ibrahim Babangida in the late 1980s, Jim Ovia, alongside some investors, applied for a banking license. Before we See Photos of his Wonderful family, Let's take a brief look at the history of the Billionaire CEO. An excellent profile of an icon.Great job Ruth. He is currently single. He also set up the Lagos Marriott Hotel, as well as the Aquamarine Boat Club, and the Civic Towers, a 15-story office block. 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. READ ALSO: CBNs heterodox policies buoys credit growth.
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