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    MarketForces Africa » MarketNews » Zenith Bank Appoints Abiodun Durosinmi as CFO

    Zenith Bank Appoints Abiodun Durosinmi as CFO

    Julius AlagbeBy Julius AlagbeOctober 18, 2024Updated:October 18, 2024 MarketNews No Comments2 Mins Read
    Zenith Bank Appoints Abiodun Durosinmi as CFO
    Abiodun Durosinmi, CFO
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    Zenith Bank Appoints Abiodun Durosinmi as CFO

    Zenith Bank has announced the appointment of Abiodun Durosinmi as its new chief financial officer, effective October 14, 2024. In a regulatory filing, the Tier-1 bank said Durosinmi’s appointment has been approved by the Central Bank of Nigeria.

    Mr. Durosinmi succeeds Dr. Mukhtar Adam, who has served as CFO for six years between May 2018 and October 2024, Zenith Bank told the Nigerian Exchange.

    The bank explained that the incoming CFO brings over 20 years of experience with Zenith Bank Plc. He has held a variety of significant roles with the Zenith Group, including CFO/Head, Accounts Department, Zenith Pensions Custodian Limited, Head of Oil and Gas Upstream and Deputy Group Chief Compliance Officer.

    Until his appointment, he was the Chief Operation Officer/General Manager, Finance, Operations & Technology in Zenith Bank (Ghana) Limited, where he was instrumental in strengthening the Bank’s overall growth, profitability as well as supporting regional growth of the subsidiary.

    A qualified Chartered Accountant, and Fellow (FCA), Institute of Chartered Accountants of Nigeria, Mr. Durosinmi holds an MSc in Finance from the University of Leicester and a Global MBA from Alliance Manchester Business School. .

    Zenith Bank said Durosinmi has attended several Executive Management Programmes both within and outside the country, including Harvard Business School and London Business School amongst others. His extensive experience in financial management, corporate governance and capital markets will ensure that Zenith Bank remains well-positioned for continued growth and_ strong investor engagement.

    The bank said in the statement that this transition reinforces Zenith Bank’s commitment to strong financial leadership and continued success in a dynamic global market. #Zenith Bank Appoints Abiodun Durosinmi as CFO NOVA Bank Begins National Commercial Banking Operations

    Abiodun Durosinmi CFO Zenith Bank
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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