She is also the MD/CEO of Quantum Markets Limited. 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. 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Adjacent to this, he built the Civic Towers, a 15 story office block that colloquially is referred to as Nigerias Empire State Building. Jim Ovia Chairman and Founder, Zenith Bank. She does not traffic in public admiration and has no use for hired vuvuzelas. Kay Ovia is the wife of Jim Ovia. Your email address will not be published. One of West Africa's richest men and a formidable force in banking, Jim Ovia conveys some key lessons for Africa's entrepreneurs in his first book. Many other banks at the time were using cooler colours like blue, but no bank ever used red before us. Corrections: An earlier version of this article erroneously stated Jim Ovias year of birth as 1957. 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. 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. Jim Ovia is the second son in the family of Obi Olihe of Agbor-Obi. His memoir, Africa Rise And Shine was presented in 2018 with all his business secrets and life philosophies. Jim Ovia is one of the richest bankers in Nigeria, ranking in the top 10. In its 2021 full-year audited financial. His net worth has been growing significantly in 2022-2023. He was the recipient of a Nigerian national honor. Jim was the Brain behind Visafone Communications Limited in 2007 and by 2015, it got acquired by MTN. He is also an Alumnus of Harvard Business School. What Happened to Carolyn Bryant? We don't have much information about He's past relationship and any previous engaged. 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. 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. Below are more Family photos of them.Tito, Jesse and Tomi OviaIsioma OviaZephia Ovia, Tomi, Jim and Jesse OviaZephia and Tito Ovia. Opinion: What type of role model will the ruling class have hoisted on millions of Nigerians? 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. Visionary businessman that he is, Ovia hardly sees things as they are. Jim Ovia is among the first ten richest bankers in Nigeria. [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). Content created and supplied by: Pepsy48 (via Opera You can purchase his book, Africa Rise and Shine here. Jim Ovia Cars Jim Ovia exercises restraint in making public his personal possessions, especially cars. 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. He worked for 3 years as a bank clerk before moving to USA, where he obtained his Bachelors and Masters degrees. All details cannot be independently verified by NewsWireNGR or its editorial team. He had always instilled a high level of corporate governance across the Bank; enabling it to achieve a $850m GDR listing on the London Stock Exchange in 2013. During two decades of leadership, he helped position the bank as one of the largest and most profitable in Africa. 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. Even then, he could see that technology would in the coming decades define the way business was done. 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. Delta Governor, Senator Dr.Ifeanyi Okowa (middle), his wife, Dame Edith Okowa (left), and the Chairman, zenith Bank Plc, Mr. Jim Ovia ,(right) ,during his condolence visit to the Governor over the . He is currently the Chairman and majority shareholder of Zenith General Insurance Limited; Nigerias most profitable general insurance company. 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. In September 2018, Ovia announced the publication of his book Africa, Rise and Shine published with ForbesBooks. 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()? View popular celebrities life details, birth signs and real ages. He one of the Richest Businessman who was born in Nigerian. 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. 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. 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. From a tender Age, Jim expressed high prowess in Entrepreneurial Activities which picked an interest in people around him. News ), 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. 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. Zenith Bank now has approximately $16 billion in assets disbursed over over 300 locations in Nigeria. He is also an Alumnus ofHarvard Business School(OPM. She is a Graduate with a Degree in Management from Enugu State University of Technology (ESUT). degree in Business Administration from Southern University, Baton Rouge, Louisiana, USA (1977). Once again, thanks for the write up. Emefiele would later advance in his banking career, to head the Central Bank of Nigeria. According to Forbes, Jim Ovia is projected to have a net worth of $550 million at the present time. This prompted him to Study Business Administration in the Higher Institution. He is the president and Chief Executive Officer of Zenon Petroleum and Gas limited. This was lucrative for him as a lot of people want to be taught from his well of wisdom. Send Us A Press Statement/News Tips on 9ja Happenings:[emailprotected], Cosmas Maduka: Biography, Age, Wife, Children, Net worth, Source of Wealth, and Controversy, Timini Egbuson: Biography, Age, Education, Girlfriend, Movies and Things You May Not Know, FrankNnaemekaNweke Jnr: Biography, Age, Education, Wife, Children, Net Worth, and Controversy, Top 10 richest rappers in the world and their net worth, Suicidal thoughts among American kids on the rise Study, Your email address will not be published. Jim Ovias income source is mostly from being a successful Businessman. Peter Obi says he did not visit president-elect, Bola Tinubu. He is currently the Chairman and majority shareholder of Zenith General Insurance Limited; Nigerias most profitable general insurance company. Language links are at the top of the page across from the title. 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. 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. As the Chairman of Prudential Zenith Life Assurance Limited, he oversaw the landmark partnership of Prudential UK; one of the worlds largest life assurance companies and Zenith Life Nigerias fastest growing life assurance company. He has worked with fellow musician Black Coffee, with whom he collaborated on the song "Juju". Jimoh Ibrahim Biography, Age, Net worth, wife, companies, daughter, family, private jet, Cosmas Maduka Biography, Age, Wife, Children, Net worth, Source of Wealth, and Controversy, Can you zoom out on TikTok? 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. Jim Ovia was born on 4 November, 1951 in Agbor, Delta State, is a Businessman. 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. The 69 years Old Magnate hails from the Eastern part of Nigeria precisely in Agbor which is located at the heart of Delta State. His father was one of the most revered chiefs in Agbor Kingdom, Delta State. Femi Otedola amassed his wealth mainly from investments in the oil and gas, insurance, and shipping sectors. Jim James Ovia(born November 4, 1951) is a Nigerian businessman, a native of Agbor in Delta State. He not only established Zenith Bank but is also the organizations single most important stakeholder at this time. Zenith Bank started off with N20 million (then equivalent of $4 million) in shareholders funds. He is the founder and Chairman of Zenith Bank Plc, one of Nigeria's largest and most profitable banks. He is an alumnus of Harvard Business School (OPM), University of Louisiana (MBA) and Southern University, Louisiana (B.Sc). After retiring from the bank, he went on to establish other businesses based on potentials he could identify in the space. Jim Ovia is the second son in the family of Obi Olihe of Agbor-Obi. She is a Graduate with a Degree in Management from Enugu State University of Technology (ESUT). As of today, Zenith Bank has over $16 billion in assets spread across over 300 branches in Nigeria. It later became his motivation to establish the James Hope College, a co-educational boarding school where 50% of the students are on scholarship. In 1980, Jim Ovia founded Zenith Bank, one of the most influential banking institutions in the West African nation. The latter was sold to MTN, Africas largest telco, for an undisclosed sum in 2015. He founded Zenith Bank in 1990. 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