He foundedZenith Bankin 1990. Jim Ovia Biography; Net Worth, Age, Height, Children, First Wife - ABTC On this piece of property would later stand the Lagos Civic Centrea masterpiece event venue on the waterfront. 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 . While in Lagos, he started his banking career in 1973 as a clerk at Union Bank, (formerly Barclays Bank) working at the branch at Oba Akran way, Ikeja. This news came about as a result of revelations that they most likely skipped the payment of the tax. He is currently single. 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. Click to reveal Your email address will not be published. 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. Eden Palmer Cause Of Death: what happened to the actress? firstweekly. He founded Zenith Bank in 1990. 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. 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. 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. Jim Ovia is the founder of Zenith Bank, one of the largest commercial banks in Nigeria. Jim Ovia is one of the biggest names in Nigeria's banking sector and the Zenith Bank Chairman. Godwin Emefiele, the Governor of the Central Bank of Nigeria, and Jim Ovia, the Chairman of Zenith Bank Plc, have become embroiled in a major tax evasion scandal in Europe as a result of revelations that they most likely avoided the payment of approximately 11 million in value-added tax while importing luxury jets into the European Union. In 2014, the USD was exchanged for NGN183.21. Aren't The Ovia's Lovely? Top 10 most successful entrepreneurs in Nigeria in 2022: Who are they? 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. Visionary businessman that he is, Ovia hardly sees things as they are. Jim Ovia was born on 4 November, 1951 in Agbor, Delta State, is a Businessman. Your email address will not be published. Follow your instinct He also set up the Lagos Marriott Hotel, as well as the Aquamarine Boat Club, and the Civic Towers, a 15-story office block. 1. 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). 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). She could be forgiven for riding her husband's coattails to garner some reflected fame but Kay is cut from more authentic cloth. He is also an Alumnus of Harvard Business School (OPM). Some of my colleagues said we cant use red for a bank because it signifies danger, or war. Visafone was later sold to MTN for an undisclosed sum in 2015, after it had gathered about 3 million subscribers. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. All that was mandated was having a Chief Executive with at least 10 years banking experience, raising the required capital, and setting up the required physical and governance structure. On Jim Ovia's daughter making Forbes' list | The Nation Newspaper Aviation Unions Shelve planned strike, Await May 9 meeting with FG, Afrihealths Rigour+ aims to tackle medical brain drain, and counterfeit drugs in Nigeria with innovative healthcare solutions. He is currently the Chairman and majority shareholder of Zenith General Insurance Limited; Nigeria's most profitable general insurance company. She doesn't speak much but her actions sing her praises louder than she could ever have. The latter was sold to MTN, Africas largest telco, for an undisclosed sum in 2015. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. We will update Jim Ovia's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. 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 founded Zenith Bank in 1990. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. Marriag:Kay Ovia, she istheMD/CEO at Quantum Markets Ltd. Children:Jim Ovia is married to Kay Ovia and their union is blessed with five children Isioma, Zephia, Tito, Tomi and Jesse. Jim Ovia is among the first ten richest bankers in Nigeria. After completing his elementary schooling in Delta State, he went on to complete his secondary education at the illustrious Ika Grammar School in Bojiboji-Owa. Jim Ovia and his beautiful wife, Kay Ovia at the launch of his book, "Africa: Rise and Shine" Retiring at 53 Zenith Bank started off with N20 million (then equivalent of $4 million) in shareholders' funds. ZENITH BANK BOSS OVIA'S WIFE BROTHER,DAYO SWINDLES SISTER IN 10BILLION NAIRA PROPERTY DEAL. His father was one of the most revered chiefs in Agbor Kingdom, Delta State. He is among the first ten richest bankers in Nigeria. Save my name, email, and website in this browser for the next time I comment. In its 2021 full-year audited financial. She is her own person and plies her own trade, away from the blinding glare of cameras fishing for gossip. He returned after his degree and rejoined Union Bank of Nigerias branch at 121 Broadstreet, Victoria Island for his National Youth Service Corps. In addition to Mrs. Kay Ovia, Jim Ovia's educationist wife, there is also Professor Ibidapo-Obe . NaijaCelebrities.net: ZENITH BANK BOSS OVIA'S WIFE BROTHER,DAYO Jim James Ovia (born November 4, 1951) is a Nigerian businessman. He is from Nigerian. READ MORE:What weve learnt so far from Jim Ovias Africa Rise And Shine. He is a member of the Governing Council of Lagos State University, Digital Bridge Institute (DBI) and National Economic Management Team of Nigeria, and a member of Honorary International Investor Council and Board of Trustees, Redeemers University for Nations, Lagos. 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. Also learn how He earned most of networth at the age of 72 years old? He was succeeded by Godwin Emefiele, one of his pioneer staff who had grown through the ranks to become Deputy Managing Director. He Currently holds a B.Sc and Master's Degree in Business Administration from the Southern University and the University of Louisiana, USA Respectively. All details cannot be independently verified by NewsWireNGR or its editorial team. He is not dating anyone. The Nation August 22, 2020 OLUSHOLA VICTOR LITTLE is known about the children of Zenith Bank chairman, Jim Ovia, who has broken boundaries in the banking sector. Zenith Life is currently the market leader in Nigeria. 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Kperogi: Six Agenda Items for Tinubus Success. 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. He held managerial positions at International Merchant Bank(IMB), Lion Bank,Merchant Bank, etc. About it, Richard Branson said, His story is a living testament to his message that success results when we act with courage and dare to try., READ MORE: Digitization of the U.S Dollar faces U.S Senate hearing. 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.. 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. 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. Ovia also founded the Quantum Group, Inc, where his wife, Kay Ovia, is CEO. The latter was acquired by MTN, the largest telecommunications company in Africa, in 2015 for a price that has not been disclosed. His memoir, Africa Rise And Shine was presented in 2018 with all his business secrets and life philosophies. Jim Ovia Biography, Early Life, Age, Family, Education, Career And Net You wont believe how much Jim Ovia made in just one day! The delectable wife of Zenith Bank chief, Jim Ovia, effortlessly combines motherhood and wifehood in the same girth. 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 Ovia Of Zenith Bank: See Adorable Photos Of His Wife And 5 Grown Up The audition . However, Jim is not the founder of Zenith bank. RHOM's Julia Lemigova on Being the First Cast Lesbian Housewife - E! Online What Happened to Carolyn Bryant? He attended Ika Grammar School, Bojiboji-Owa for his secondary education, before going to Lagos to join his elder brother. Jim Ovia Biography, The family of Obi Olihe of Agbor-Obi includes Jim Ovia, who is the second son in the family. 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. But Jim Ovia had a life (outside) his banking career, and has built businesses and mentored people. But, having arrived garbled in all the accouterments as befits someone of her status, she is never going to try to be the centre of attention or belle of the ball. childNetworkId = '21634543682', Jim Ovia is among the first ten richest bankers in Nigeria. 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. window.__mirage2 = {petok:"wzfiJTl4FOvwVzNH.vC_gAC4Ni4HlapOHy1d4sm8PQw-3600-0"}; 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. Corrections: An earlier version of this article erroneously stated Jim Ovias year of birth as 1957. Moreover, his net worth is expected to grow, considering his massive business success. 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Jim James Ovia, Zenith Bank PLC: Profile and Biography The bond between Jim Ovia, wife - Punch Newspapers To further equip himself, he worked as part- time computer operator at the defunct Baton Rouge Bank and Trust Company. He was awarded an honorary doctorate degree in the 50th convocation ceremony of the University of Lagos. 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. Jim Ovia Net worth. Mrs. Kay Ovia is an alumni of Enugu State University of Technology (ESUT) where she holds an MBA degree in Management. The 69 years Old Magnate hails from the Eastern part of Nigeria precisely in Agbor which is located at the heart of Delta State. 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. degree in Business Administration fromSouthern University, Baton Rouge, Louisiana, USA (1977). We have estimated 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. He was awarded an honorary doctorate degree in the 50th convocation ceremony of the University of Lagos. Described as the Godfather of banking in Nigeria by Forbes Africa, Jim Ovia is quite popular for his business dexterity and leadership skills, especially in the banking sector. Jim Ovia: Biography, Age, Wife, Children, Net worth - NewsWireNGR He not only established Zenith Bank but is also the organizations single most important stakeholder at this time. Zenith Bank now has approximately $16 billion in assets disbursed over over 300 locations in Nigeria. 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. He is the Chairman of Cyberspace Network Limited. READ ALSO: Tether: King of digital dollar-denominated asset. Kay Ovia (Jim Ovia's Wife) Biography, Age, Husband, Children, Net Worth Kay certainly understands the rigours involved in bringing a child to the world. 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. Jim Ovia is one of the richest bankers in Nigeria, ranking in the top 10. 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 He is a member of the Honorary International Investor Council as well as the Digital Bridge Institute (DBI). 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. Despite retiring from the position as CEO, he was appointed Non-Executive Director and Chairman, Board of Directors, four years later. His numerous investments are now working for him, earning him some serious money by the way. 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. The two parts of Jim Ovia that will make him immortal Jim Ovia - Wikipedia Jim Ovia and Wife, Kay Jim Ovia Net Worth Jim Ovia has an estimated net worth of $550 million, according to Forbes. Ovia picked interest in a property along Ozumba Mbadiwe, a waterfront which used to be a refuse dump, and this became the starting point of his real estate venture. 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. Jim Ovia is the founder of Zenith Bank Plc, Nigeria's tier-1 bank and one of the most profitable financial institutions in Nigeria until 2010, when he moved into the chairman role. [citation needed], 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). Always visitNewsWireNGRfor latest naija news and updated naija breaking news. The delectable wife of Zenith Bank chief, Jim Ovia, effortlessly combines motherhood and wifehood in the same girth. In September 2018, Ovia announced the publication of his book Africa, Rise and Shine published with ForbesBooks. Ovia headed numerous Non-Governmental Organisations [NGO] at various times including serving as the first President of the Nigeria Internet Group (2001-2003). Jim Ovias income source is mostly from being a successful Businessman. 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. However, a new policy from the Central Bank of Nigeria on tenure of Bank CEOs compelled him to retire earlier than he planned. [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. Please Ruth, it will be a pleasure to me and probably to your entire audience to include in your next article the ups and downs( challenges) encounter by Jim Ovia while trying to climb to the peak of his mountains of success. He is the founder and Chairman of Zenith Bank Plc, one of Nigeria's largest and most profitable banks. 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 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). degree in Business Administration from Southern University, Baton Rouge, Louisiana, USA in 1977. Kay is married to Jim Ovia and blessed with five children Isioma, Zephia, Tito, Tomi and Jesse. adunit = 'nairametrics.com_336x336_responsive_DFP', She does not traffic in public admiration and has no use for hired vuvuzelas. You can email the site owner to let them know you were blocked. Banker, Jim Ovia's daughter marries TV personality, Illrymz - YNaija [CDATA[ 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 (1999 2007) and served on the board of American International School, Lagos [2001 -2003]. The bond between Jim Ovia, wife 21st August 2022 By Tofarati Ige An undisputed billionaire, Jim Ovia, is one man who does not fancy the limelight, except it has to do with his vast. degree in Business Administration fromSouthern University, Baton Rouge, Louisiana, USA (1977). Your email address will not be published. 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. This is 2021 and the naira has dropped to about NGN410 to a dollar. For Ovia, these arms have been his way of grooming the next generation. Mummy Dearest Jim Ovia's Wife, Kay's Unusual Love For Her Step Now, this is the sort of cool life we should all aspire to have! They are Isioma, Zephia, Tito, Tomi and Jesse. 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. 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. With an estimated net worth of $5.9 billion, he ranks as one of the richest people in Nigeria. The latter was sold to MTN, Africas largest telco, for an undisclosed sum in 2015. Ruth, thanks for putting this piece of concise information relating to the Genesis of Zenith Bank and partly early life of Ovia together. According to Forbes, Jim Ovia has an estimated net worth of$550 million. 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. In 1980, Jim Ovia founded Zenith Bank, one of the most influential banking institutions in the West African nation. He established Zenith Bank in the year 1990. Language links are at the top of the page across from the title. About Jim Ovia | Entrepreneur | Founder of Zenith Bank 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. This Nigerian biographical article is a stub. 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. Ambode's comment on Tinubu causes stir at Jim Ovia's book launch Required fields are marked *. He founded Zenith Bank in June 1990 and was its pioneer Managing Director/Chief Executive for 20 years, until he retired in July 2010. Jim Ovia holds a master's degree in Business Administration from the University of Louisiana, Monroe, Louisiana, USA in 1979 and a B.Sc. 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. 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. Here are some business lessons from Jim. Business lessons from Jim Ovia - The founder of Zenith Bank Jim Ovia is the second son in the family of Obi Olihe of Agbor-Obi. He had his primary education in Delta State, after which he enrolled at the prestigiousIka Grammar School, Bojiboji-Owa for his secondary education. The name Kay Ovia, on the other hand, rings a bell to few. His father was widely regarded as one of the most powerful chiefs in the Agbor Kingdom of Delta State. Jim is married to Kay Ovia, Managing Director and Chief Executive Officer at Quantum Markets Ltd. Forbes Africa bestowed the title of Godfather of Banking upon Jim Ovia for his accomplishment of establishing the most successful bank in Nigeria. Kay and Jim have five Children together who are all Grown up and doing well in their Careers. 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. Jim Ovia | Forbes Books The Banking Industry Cannot be talked about without themention of the likes of Jim Ovia who is the CEO of Zenith Bank PLC. According to Forbes, Jim Ovia is projected to have a net worth of $550 million at the present time.
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