Active
This profile is actively maintainedActive
This profile is actively maintainedWebsite | http://www.zenithbank.com |
Headquarters |
Plot 84 Ajose Adeogun Street, Victoria Island
Lagos
Nigeria
|
CEO/chair |
Adaora Umeoji Group Managing Director/CEO |
Supervisor | |
Ownership |
listed on London Stock Exchange & Nigeria Stock Exchange
Zenith Bank's largest shareholder is Nigerian businessman and founder of Zenith Bank Jim Ovia (9.681%). The bank's complete shareholder structure can be accessed here. |
Zenith Bank, established in 1990, is a large financial services provider in Nigeria and West Africa. In 2004 following an IPO it became a public limited company. The bank has equity investments in Zenith Custodian, Zenith Securities and Zenith General Insurance. Zenith Bank maintains subsidiaries in the United Kingdom, United Arab Emirates, Ghana, Sierra Leone and Gambia and has an office in China.
Zenith Bank's most important sustainability commitments can be found at the website sections listed below.
Zenith Bank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Zenith Bank's link to these deals.
Zenith Bank's 2017 Whistleblowing Policy states that stakeholders can raise grievances via whistleblow@zenithbank.com or call +234-1-2928888 or +234-1-278-8888. Its Human Rights Policy states that human rights grievances from all stakeholders can be addressed via this channel.
This page evaluates Zenith Bank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
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Banks and Human Rights
BankTrack assessed Zenith Bank in its 2021 Human Rights Benchmark Africa, where it achieved 5 points out of 14 and was ranked as a 'follower'. More information is detailed in the "Accountability" section of this profile.