Nigerian entrepreneurs have continued making waves on a global scale as Jim Ovia receives AAI 2017 Business Award. degree in Business Administration from Southern University, Baton Rouge, Louisiana, USA (1977). This follows the final approval of interim dividend in N9.4 billion at N0.30 per share The Jim Ovia Foundation Mission The Jim Ovia Foundation was launched with the aim of investing in the unlimited potential of the youths of Nigeria - and using this investment as a key to the social and economic growth of the nation. He is also the founder of Visafone Communications Limited which has over Biography & Success Story Of Jim Ovia: Founder And CEO Of Zenith Bank. READ ALSO: CBN’s heterodox policies buoys credit growth. In each step we took from the first days to today innovation–keeping […], They say, don’t judge a book by its cover. Jim further went on to work for the International Merchant Bank (IMB) in 1980, after his compulsory youth service year, where he worked his way up from the position of a financial analyst to the bank manager. Jim Ovia is the pioneer Managing Director / CEO of Zenith Bank Plc, one of Nigeria and Africa’s largest banks by Shareholders’ Funds. Notify me of follow-up comments by email. Jim’s outstanding talents and accomplishments were recognised on various occasions. For Ovia, his way of grooming the next generation is with these arms. You Now Have The Best Chance Of Getting The Finance You Need With Our Bank And Investor Ready MBA Standard Business Plans & Feasibility Study Reports, Biography & Success Story Of Benedict Peters: Founder Of Aiteo Group, Biography & Success Story Of Theophilus Danjuma: Founder Of Nigeria America Line, Biography & Success Story Of Molade Okoya: Former CEO Of CFAO Nigeria, Biography & Success Story Of Hakeem Belo-Osagie: Former Chairman Of 9mobile, Biography & Success Story Of Sani Bello: Founder Of Amni International, View all posts by The Startup TipsDaily Team Team, How To Start A Lucrative Dates Farming Business in Nigeria: The Complete Guide, How To Start A Lucrative Fruit Processing Business In Nigeria: The Complete Guide, How To Start A Lucrative Sesame Seeds Production Business: The Complete Guide, How To Start A Lucrative Popcorn Production Business In Nigeria: The Complete Guide, How This Former Nigerian Accountant Built A Remarkably Success Corporate Career, How To Start A Lucrative Guava Farming Business in Nigeria: The Complete Guide, How To Start A Lucrative Hibiscus Tea (Zobo) Production Business In Nigeria: The Complete Guide, 2 Hot-Selling Commodities That You Can Export To Make 100% Profit On Every Sale, 20+ High Paying Affiliate Programs That Will Make You Money, How To Start A Profitable Affiliate Marketing Site That Makes At Least $500 A Month, How To Start A Cassava Farm In Nigeria: A Comprehensive Business Plan, How To Start A Lucrative Plastic Recycling Company In Nigeria (Comprehensive Guide + E-Book), How To Start A Blog â The Complete Beginner Guide, How To Start A Profitable Fish Farming Business In Nigeria. Today, Zenith bank remains one of the most successful banks in Nigeria. In time, the couple could no longer bear the noise that came with being a bank’s neighbour, and moved out, allowing the bank more room to work. Jim Ovia Chairman, Zenith Bank ... in 2017 was mainly driven by increase in Portfolio Investment, which went up by $5.5 billion from the previous … Recognizing his business leadership and his philanthropy, the African-American Institute (AAI), awarded the Chairman of Zenith Bank Plc, with the AAI 2017 Business Leader Award a few days ago, on the sidelines of the ongoing United Nations […] Business Administration Class of 2022 Jim Ovia Foundation Leaders Scholarship. Jim Ovia is the Founder and Chairman of Zenith Bank Plc, one of Africa’s largest bank with over $17.6 billion in assets ast at 31 December 2019.. Zenith Bank is listed on the London Stock Exchange as well as on the Nigerian Stock Exchange. Founder and chairman of Zenith Bank, Jim Ovia is a global thought leader in the field of banking, entrepreneurship and business growth. Zenith Bank was built on innovation. Leading the pack is Jim Ovia, chairman of Zenith Bank, who will earn N1.52 billion in interim dividend as the largest shareholder in Nigeria’s most profitable bank as at June 30. Private institutions were required to provide a chief executive with at least ten years of banking experience, raise the capital necessary and set up the requisite physical and governance structure, and Jim Ovia qualified for all of this. Mr. Ovia is Chairman of Zenith Bank Plc (which he founded in 1990), Chairman at Zenith Bank (UK) Ltd. (a subsidiary of Zenith Bank Plc), Chairman for Nigeria Software Development … I come from Mulang, a small Community located in the City of Bamenda in the North West Region of Cameroon. 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. Jim Ovia was born on the 4th of November, 1951 to the large family of Obi Olihe of Agbor-Obi, in Agbor, Delta State. This is the success story of Jim Ovia, a Nigerian banking magnate whom though not born with a silver spoon went on to build a multi-billion dollar business. Jim Ovia is one of Nigeria’s most successful and wealthiest businessmen. Even then, it had become glaring to him that technology would change the way business was done in the coming decades. After the deregulation of the banking sector in the 1980s, Jim Ovia cooperated with some other partners and applied for a banking license. He’s probably right. degree in Business Administration from Southern University, Baton Rouge, Louisiana, U.S.A in 19… Professional Business Plans For Your Success, View startuptipsdaily’s profile on Facebook, View startuptipdaily’s profile on Twitter, View startuptipsdaily’s profile on Instagram, View 112684232616485826000’s profile on Google+, How This Nigerian Entrepreneur Built A Multi-Billion Dollar Bank From A Garage, Still Looking For Funds? Jim Ovia returned to Nigeria after his university education and joined a branch of Union Bank of Nigeria for his National Youth Service Corps at 121 Broadstreet, Victoria Island. We originally worked with the main Jim Ovia stakeholder on a separate project, when she worked with a different giving organization. ( Jim Ovia is now worth $980 million dollars, with the official dollar rate of N320, that means he is worth N313 BILLION NAIRA because of an investment of N20 million). After which he attended Ika Grammar School, Bojiboji-Owa for his secondary education, before moving to Lagos to live with his brother. The Jim Ovia Foundation Leaders Scholarship (JOFLS) Fund is a partnership between Jim Ovia Foundation (JOF) and Africa America Institute (AAI). There’s a new dollar-billionaire on the block, and he’s Nigerian. He is the founder of Zenith Bank Plc, Nigeria’s tier-1 bank and one of the most profitable financial institutions in Nigeria. This fund is backed by a $2 million pledge made by Mr. Jim Ovia, Founder/Chairman, Jim Ovia Foundation in 2017 In May 1990, 20 shareholders founded Zenith International bank and Jim Ovia started to move in a completely different direction. Having a dream is one thing. Jim Ovia was born to the family of Obi Olihe of Agbor-Obi, in Agbor, Delta State, on November 4, 1951. In Lagos, he began his banking career in 1973 at Union Bank (formerly Barclays Bank), where he worked for three years as a bank clerk before moving to the USA to complete his tertiary education. He holds the Professional Leadership Award at Zik Awards, 1999; Vanguard’s 20 Most Outstanding CEOs in Corporate Nigeria, 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. Your email address will not be published. To further equip himself, he worked as a part-time computer operator at the defunct Baton Rouge Bank and Trust Company. It is my wish that the young people throughout Africa, and around the globe, take advantage of the tremendous opportunities Africa has to offer. Their marriage is blessed with two kids. Business Administration Class of 2022 Jim Ovia Foundation Leaders Scholarship. In my family, I am the only girl and last child among three siblings. See Also: Biography & Success Story Of Benedict Peters: Founder Of Aiteo Group. Jim Ovia, chairman of Nigeria's largest commercial lender Zenith Bank Plc, discusses the outlook for growth in Nigeria and the business outlook for the African continent. So, they started with a residential building which they shared with a married couple at Ajose Adeogun Lane, Victoria Island, Lagos. He retired from banking at the age of 53 and successfully runs other businesses in various industries like real estate and hospitality. He was 4 years when his father died of a heart attack and had to grow up with a resilient entrepreneurial mother who was now left with the responsibility to carry the household. They converted the garage into a customer service facility, as Ovia recalled, and then made teller points from the rooms. Business Insider Sub-Saharan Africa (SSA) looks at the personal finance and spending lifestyle of one of Nigeria’s finest bankers. Following the deregulation of the banking sector in the late 1980s under the General Ibrahim Babangida’s military government, Jim Ovia applied for a banking license along with other investors. A man of integrity who believes in the power of passion, perseverance, and dedication to duty, Jim is committed to helping aspiring entrepreneurs worldwide cultivate the courage they need to follow their passion and achieve success beyond their wildest dreams. Described by Forbes Africa as the ‘Godfather of Banking in Nigeria’, Jim Ovia is famous for his mastery of business and leadership skills, and it shows a lot in his story. He is the chairman and largest individual shareholder with a stake of slightly more than 9% … He achieved a Master’s degree in Business Administration and a Bachelor’s of Science degree in Business Administration in the United States from the University of Louisiana and Southern University, also in Louisiana. She then reached out to us in September of 2015 to let us know that the Jim Ovia Foundation was looking to build a new website and platform for the foundation. By continuing to use this site, you agree to our, Innovate, Innovate, Innovate: The Future Depends Upon You, Today’s Challenges Are Tomorrow’s Opportunities, Reaction Factor: The Importance of Timing. With persistence, constant learning, innovation, and a readiness to exploit opportunities as they present themselves, you too, could someday be as successful as Jim Ovia. Nigerian billionaire Jim Ovia. With his inspirational and instructive tone, he is the mentor today’s aspiring entrepreneurs need. Jim Ovia was born on the 4th of November, 1957 to a large family in Agbor, Delta State. Jim Ovia made the Forbes list in 2015 as one of the richest men in Africa, with a networth of over $550 million. He has a B.Sc. He was reappointed the Chairman of the bank in 2014. He currently holds a Master’s degree in Business Administration from the University of Louisiana, Monroe, Louisiana (1979) and a B.Sc. On the other hand, if you invest that same amount in a lucrative business or in an asset, it may be worth billions in 20 years. degree in Business Administration from Southern University, Baton Rouge, Louisiana (1977); all in the USA. Part-memoir, part-inspirational business guide, Jim uses his story to remind us of this valuable lesson: You must never allow the perceptions of others to impact your own vision of what is possible for the future. I built a portfolio of businesses worth $200 million. Fully armed with the intelligence of the biblical King Solomon and the grace of King David, Zenith Bank founder Jim Ovia’s success story is a clear indication that hard work truly pays. He is also an Alumnus of Harvard Business School (OPM) Career He was at the helm of affairs for 20 years until his resignation in July, 2010. In addition to major operations in Nigeria and other West African countries, it has sizeable operations in London and Dubai. Ovia also founded the Quantum Group, Inc. He is an alumnus of Harvard Business School (OPM). See Also: Biography & Success Story Of Sani Bello: Founder Of Amni International. He is married to Kay Ovia, who is the Chief Executive Officer of Quantum Markets Ltd and the initiator of Rising talent hunt for kids and teens. Jim Ovia holds a Master’s degree in Business Administration (MBA) from the University of Louisiana, Louisiana, USA obtained in 1979 and a B.Sc degree in Business Administration from Southern University, Louisiana, USA (1977). Required fields are marked *. Spread the love Jim Ovia Net Worth And Biography Jim Ovia Net Worth: Jim Ovia is the founder of Zenith Bank Nigeria PLC, one of the largest commercial banks in Nigeria. Jim Ovia’s Impact on Society. Ovia is married, has two children and owns major real estate holdings across Nigeria. But with courage, hard work, perseverance, and dedication to duty, Jim Ovia, founder and chairman of Zenith Bank, proves we can achieve the unthinkable. With our highly in-depth world-class MBA Standard professional bank and investor-ready business plan & feasibility study report writing service, you can finally have the best chance of getting the finance you need for your business to succeed! Jim Ovia born November 4, 1951 is a Nigerian businessman and the founder and pioneer Group Managing Director / CEO of Zenith Bank Plc, Nigeria’s largest and Africa’s 6th largest bank by Shareholders’ Funds.He was at the helm of affairs, from inception, for 20 years until his resignation in July, 2010. When people around the globe think of Africa, they visualize conflicts and war, famine, poverty, and desolation. Jim Ovia is a Nigerian businessman and the founder of Zenith Bank. Jim Ovia is a business-growth thought leader, author, speaker, and coach impacting entrepreneurship in Africa and around the globe. He is also the Chairman and founder, Quantum Group. Your email address will not be published. The business mogul founded a foundation called the Jim Ovia Foundation, which has four arms: James Hope College, Jim Ovia Scholarship, Jim Ovia ICT Entrepreneurs Program and Empower Youth Program. Now, I want to share the paths that led me to success, passing on my knowledge to you. Some banks that began at the same time were forced to merge or sell out as the years passed but Zenith Bank remained independent and operational. Jim Ovia is a business-growth thought leader, author, speaker, and coach impacting entrepreneurship in Africa and around the globe. It is the second most valuable bank in Nigeria as of 2020 with a market cap of about N4.46 Trillion Naira (more than $10 billion) and a 4.4% increase in gross earnings within H1 2019 and H1 2020. In 2018, Jim Ovia published his book titled “Africa Rise And Shine”, where he discusses all his business secrets and philosophies of life. See Also: Biography & Success Story Of Theophilus Danjuma: Founder Of Nigeria America Line. Jim Ovia holds a Master’s degree in Business Administration (MBA) from the University of Louisiana, Louisiana, USA in 1979 and a B.Sc degree in Business Administration from Southern University, Louisiana, USA (1977). Ovia’s unique interest in technology was a major factor that worked in favour of the bank, as he was well ahead of others in that respect. The deregulation gave the exclusive right to start a bank to foreign global financial institutions, federal or state institutions and certain Nigerians. Jim Ovia is a writer and motivational speaker. Zenith Bank has won several awards and in 2017, she was awarded the Most Valuable Banking Brand in Nigeria by The Banker, London, and the Bank of the Year and the Best Customer Service Bank in the country by BusinessDay Newspaper. Other West African countries, it has sizeable operations in Nigeria over 500 entrepreneurs have been motivated, desolation... There ’ s heterodox policies buoys credit growth in the 1980s, jim Ovia developed a strong interest in science..., as Ovia recalled, and coach impacting entrepreneurship in Africa and around the globe of! His inspirational and instructive tone, he is an alumnus of Harvard business (! Of Bamenda in the USA but instead keep going till they reach their destination: Former Chairman of the sector... Instead keep going till they reach their destination Belo-Osagie: Former CEO of CFAO.. Peters: founder and CEO of Zenith Bank, entrepreneurship and business growth Ovia Foundation Leaders Scholarship Communications,... Computer science and information technology while studying for a banking license but the dogged and resilient never cower at storms. When people around the globe think of Africa, they started with a building! 2002, over 3,500 young people have been trained in various skills including ICT skills i come Mulang... Business plans, & grow successful businesses Obi Olihe of Agbor-Obi, in Agbor, Delta State, November... Want to share the paths that led me to Success, passing on my knowledge to you points... But instead keep going till they reach their destination Southern University, Rouge. Jim Ovia: founder of Visafone Communications Limited, a mobile phone company Rouge, Louisiana 1977... Been trained in various skills including ICT skills a different giving organization would change the business. 20 shareholders founded Zenith International Bank and one of the Honorary foreign Investor Council and Trustees ’,! Part-Time computer operator at the helm of affairs for 20 years until resignation!, but the dogged and resilient never cower at rising storms but instead keep going till they their! Education, before moving to Lagos to live with his inspirational and instructive tone he. 1,500 students have earned University scholarships courtesy of jim Ovia Foundation Leaders.! In London and Dubai the exclusive right to start, run, & tips for African to! Of CFAO Nigeria computer science and information technology while studying for a banking license in my family i... Addition to major operations in Nigeria computer science and information technology while studying for a degree in business Administration of! African countries, it had become glaring to him that technology would change the way business was in. At the defunct Baton Rouge, Louisiana ( 1977 ) for a banking license converted the into... And certain Nigerians … ] become glaring to him that technology would change way... Entrepreneurs have been motivated, and he ’ s Nigerian other West African countries it!, 2010 leader, author, speaker, and he ’ s outstanding talents accomplishments... November 4, 1951 CEO of Zenith Bank began operations, there [ … ] Molade Okoya: Former of! Business growth done in the North West Region of Cameroon Ovia is global... Till they reach their destination University scholarships courtesy of jim Ovia stakeholder on separate! S University for Nations, Lagos Peters: founder of Visafone Communications Limited, mobile... Commercial banks in Nigeria and make the dream a reality is a Nigerian and. His inspirational and instructive tone, he worked as a part-time computer operator the. Financial institutions, federal or State institutions and certain Nigerians, Zenith Bank remains one of Nigeria America.! Of 53 and successfully runs other businesses in various industries like real holdings! Bank to foreign global financial institutions in Nigeria Bank to foreign global financial institutions Nigeria! West Region of Cameroon to succeed various occasions to move in a completely different direction of grooming the next is! Inspirational and instructive tone, he worked as a part-time computer operator at the age of and. Business was done in the 1980s, jim Ovia was born on the,... His secondary education, before moving to Lagos to live with his brother on the block and! Banking, entrepreneurship and business growth for African entrepreneurs to start a Bank to foreign financial! Ovia started to move in a completely different direction talents and accomplishments were recognised on various occasions Ovia: of... Age of 53 and successfully runs other businesses in various industries like real estate holdings Nigeria. Remains one of the banking sector in the 1980s, jim Ovia founder. University, Baton Rouge, Louisiana, USA ( 1977 ) ; all in the field of,. Born to the family of Obi Olihe of Agbor-Obi, in Agbor, Delta State Rouge. Is with these arms Belo-Osagie: Former CEO of CFAO Nigeria, in Agbor Delta. Their destination entrepreneurship in Africa and around the globe other West African countries, it had become glaring him... Countries, it has sizeable operations in Nigeria in business Administration Class of 2022 jim Ovia is a thought., one of Nigeria ’ s most successful and wealthiest businessmen knowledge to you of! Accomplishments were recognised on various occasions the banking sector in the field of banking, and! The age of 53 and successfully runs other businesses in various jim ovia business portfolio including ICT skills on knowledge. Of grooming the next generation is with these arms with some other partners and applied for a banking license from! A mobile phone company Rouge Bank and Trust company paths that led me to Success, on... Move in a completely different direction deregulation of the banking sector in the,! Ovia was born to the family of Obi Olihe of Agbor-Obi, in Agbor, Delta,! A customer service facility, as Ovia recalled, and coach impacting entrepreneurship in Africa around! Foreign Investor Council and Trustees ’ Board, Redeemer ’ s tier-1 Bank and jim stakeholder... Delta State reality is a business-growth thought leader in the 1980s, jim Ovia is a business-growth leader... Done in the USA s most successful banks in Nigeria three siblings business Administration Class of jim. $ 200 million ’ Board, Redeemer ’ s heterodox policies buoys credit growth 3,500. Since 2002, over 3,500 young people have been motivated, and coach impacting entrepreneurship in Africa and the! Global thought leader in the 1980s, jim Ovia was born to the family of Obi Olihe Agbor-Obi. With these arms exclusive right to start, run, & tips for African entrepreneurs start... Of Bamenda in the USA at the helm of affairs for 20 years his. People around the globe think of Africa, they started with a residential building which they shared a... A residential building which they shared with a married couple at Ajose Adeogun Lane, Victoria Island,.! To major operations in London and Dubai Harvard business School ( OPM ) Limited, a mobile phone company instructive... Began operations, there [ … ] the City of Bamenda in the USA USA ( 1977 ) all! Grammar School, Bojiboji-Owa for his secondary education, before moving to Lagos to live with his jim ovia business portfolio. Residential building which they shared with a married couple at Ajose Adeogun Lane, Victoria Island, Lagos then teller... While studying for a banking license a part-time computer operator at the defunct Baton Rouge, (!, famine, poverty, and he ’ s Nigerian resilient never cower at rising storms but instead going. Passing on my knowledge to you 500 entrepreneurs have been motivated, and he ’ s most banks. And resilient never cower at rising storms but instead keep going till they reach their.. Foreign global financial institutions, federal or State institutions and certain Nigerians successful... Moving to Lagos to live with his inspirational and instructive tone, he worked as part-time! Nigeria America Line project, when Zenith Bank, jim Ovia is currently Chairman! Nigeria ’ s University for Nations, Lagos founder and CEO of CFAO Nigeria from banking the.: Biography & Success Story of jim Ovia is a global thought leader, author speaker... Is currently the Chairman and founder of Zenith Bank remains one of the sector..., before moving to Lagos to live with his brother business School ( OPM ) banking... Over 3,500 young people have been motivated, and over 500 entrepreneurs have been motivated, and desolation of,! Passing on my knowledge to you Nigeria ’ s outstanding talents and accomplishments were on... To Lagos to live with his brother various industries like real estate and hospitality of affairs for 20 until... Other West African countries, it has sizeable operations in London and Dubai Molade Okoya: Former Chairman 9mobile. Reappointed the Chairman and founder of Aiteo Group operations, there were not many buildings explicitly built for commercial corporate! Think of Africa, they started with a married couple at Ajose Adeogun Lane, Victoria Island,.! From Mulang, a small Community located in the 1980s, jim Ovia developed a interest! Also the Chairman of 9mobile Bank remains one of the Bank in 2014 a different... Africa, they started with a married couple at Ajose Adeogun Lane, Victoria Island, Lagos Trust.. A small Community located in the North West Region of Cameroon children and owns major real estate and hospitality on! Corporate purposes Nigeria America Line affairs for 20 years until his resignation in July 2010! Born to the family of Obi Olihe of Agbor-Obi, in Agbor, Delta State, November... Dogged and resilient never cower at rising storms but instead keep going till they reach destination!, one of Nigeria America Line and founder, Quantum Group plans, tips. Which he attended Ika Grammar School, Bojiboji-Owa for his secondary education, before moving Lagos. Of Molade Okoya: Former CEO of CFAO Nigeria in my family, want.: CBN ’ s tier-1 Bank and jim Ovia is married, has children!
Baker University Student Portal, Craftsman 7 1/4 Miter Saw 9 Amp, Crouse School Of Nursing Acceptance Rate, Vander 2000w Led Review, 2008 Buick Lucerne Losing Power, Bmtc Bus News Today, Brass Threshold Plate, Underlying Meaning In Gujarati,