Adenuga saw the potentials of the booming oil industry in Nigeria and started applying for a license in the late ’80s. He is the founder and Zenith Bank and also the largest individual shareholder of the bank. degree in Business Administration from Southern University, Baton Rouge, Louisiana, U.S.A in 19… He also set up the Lagos Marriott Hotel, as well as the Aquamarine Boat Club, and the Civic Towers, a 15-story office block. Kay Ovia Kay is the wife of Jim Ovia, one of the biggest names in Nigeria’s banking sector and the Zenith Bank Chairman. The Jim Ovia Scholars Program is a national initiative to educate and develop next-generation leaders who will contribute to social and economic progress of Nigeria. This site uses Akismet to reduce spam. S ubscribe to our Newsletter or follow us on our social media handles for regular updates. Jim Ovia's Real Name And How He Took Zenith Bank From Original Founder - Business - Nairaland ... James Nzemeke alias “Akatukpo”, the third son of the first wife of the Olihe of Agbor, Chief Nzemeke who was born on a Sunday, the 4th day of November 1951. He also founded a major telecommunication company, Visafone which was later acquired by MTN. Today, he is one of Africa’s richest and holds business interests across several sectors of the economy and in various countries on the continent. Isioma is the elder sibling of Zephia and Tito, all daughters of Mrs. Kay Ovia, the wife of Mr. Ovia who is the gorgeous CEO of Quantum Markets. The Jim Ovia Foundation Leaders Scholarship 2020 is one of the scholarships that find strength in raising young African leaders through fully funded academic funding in reputable intuitions across Africa.. READ ALSO: List of Ongoing Undergraduate Scholarships in Nigeria (2020-2021) The Jim Ovia Foundation Leaders Scholarship partners with Jim Ovia Foundation and the Africa-America … Zenith Bank started off with N20 million (then equivalent of $4 million) in shareholders’ funds. This was my first job out of college and barely 3 months in,” he said. After retiring from the bank, he went on to establish other businesses based on potentials he could identify in the space. “We were all indoors hoping and praying that something magical would happen because we had seen other people being killed, and we were conscious of the fact that it could be our last day. On 27th of April 2007, Zenith Bank Plc became the first Nigerian bank in 25 years to be licensed by the UK Financial Services Authority (FSA), giving rise to Zenith Bank UK Limited. 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. and Omoba Juliana Oyindamola Adenuga. Tony and Vivian’s marriage of over 22 years has produced 7 children ( five daughters including triplets and twin boys). Jim Ovia is the founder of Zenith Bank, one of the largest commercial banks in Nigeria. 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. READ: FRC orders banks not to lend money to states without approval. Jim Ovia is a Nigerian businessman and the founder of Zenith Bank. 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 was the condition that surrounded his early years, making him realize in time the importance of education. Those close to … 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. Jim Ovia, 64, is the founder of Zenith Bank, one of the largest commercial banks in Nigeria. The following year, he selected Obafemi Awolowo University and was admitted to study Economics. He attended Ika Grammar School, Bojiboji-Owa for his secondary education, before going to Lagos to join his elder brother. Though her husband is a well-known philanthropist, Coming a short while after the business mogul increased his net worth by almost $5 billion, the scandal of course attracted a lot of criticisms. Known to be quite enterprising, Kay is the Chief Executive Officer of Quantum Markets and initiator of the Star Rising Talent Hunt for children and young people. Saturday, August 24, 2013!!! The couple met at the defunct Devcom Merchant Bank while Titi was job-hunting and are today happily married with two children; Sade and Niyi. Jim Ovia Chairman, Zenith Bank ... resident duplex that we shared with a private a private tenant and his wife. Though there are now over 200 fintech players, Paga still holds its ground. The delectable 51-year-old Titi fondly called ‘Tizzle Girl’ is Adenuga’s second wife after his first marriage to Folake turned awry. Some often call […] STAR Rising Initiative led by Mrs Ovia, wife of former Zenith Bank chief executive, Jim Ovia, is set to launch the maiden edition of its talent-hunt show in Lagos. BuzzNigeria – Famous People, Celebrity Bios, Updates and Trendy News, Wives Of Nigerian Billionaires: 6 Success Pillars You Must Know, 100 Sweet, Cute Things To Say To Your Crush to Make Him/Her Smile, 100 Funny Jokes For Adults That Are Nothing But Hilarious, 10 Richest Pastors in the World Right Now, 60 Romantic Words For Him Or Her That Can Absolutely Melt The Heart, 200+ Most Romantic Love Names For Your Loved Ones, 135 Sweet Goodnight Messages for Him or Her, Access Bank Online Transfer Codes, Internet and Mobile Banking, Customer Care, 85 Cute Good Morning Texts for Him /Her to Brighten the Day, Is Wentworth Miller Gay or Married? Talking about early life challenges that could have truncated his future, Ovia wrote in his memoir: “When I was just four years old, my father—who was in his mid-fifties—suffered a massive heart attack and died several weeks later due to inadequate medical facilities. In addition, he had also noticed that most developed countries and world powers, like USA, UK, Japan had red as one of the colours on their national flags, so he insisted that there must be something right about it. READ: Scaling in Nigeria’s fashion industry is tough work – Ugo Monye. Biogaphy and Net Worth of Jim Ovia Jim Ovia is a Nigerian businessman and the founder of Zenith Bank. Nana is not often seen in social circles but when she appears in public, she does so with panache and elegance making her husband’s billions look good. Kay is the wife of Jim Ovia, one of the biggest names in Nigeria’s banking sector and the Zenith Bank Chairman. Jim founded Zenith Bank Plc in 1990 and has held the position of Chief Executive Officer until 2010. 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. Visionary businessman that he is, Ovia hardly sees things as they are. Nine Nigerian billionaires lost over N500 billion of their fortune to the Nigerian stock market dip in the last first half of 2018, according to Nairametrics calculation. READ: Paga records over $2 billion worth of transactions in 2019, READ: Pagatech secures exclusive partnership deal with Orange Mall. In 2010, Razaq left Meristem for Vetiva Capital Management, where he spent about four months as a Research analyst. “Some of my colleagues said we can’t use red for a bank because it signifies danger, or war. Jim is a philanthropist and chairman of the Jim Ovia Foundation. Uchenna is the wife of Ifeanyi Patrick Ubah, the Managing Director and Chief Executive Officer of Capital Oil and Gas Nigeria Limited. Razaq recalled that the community in which he spent the first 14 years of his life had an unusual perception of education. An excellent profile of an icon….Great job Ruth. Rasaq’s parents had no plans of relocating and the future seemed pretty much predictable. Jim Ovia Launches New Book, Africa Rise and Shine Jim Ovia, CEO/Founder Zenith Bank Plc The Chairman of Zenith Bank, Chief Jim Ovia, on September 17, 2018, in Lagos, present his much awaited new book, ‘Africa Rise and Shine: How a Nigerian Entrepreneur from Humble Beginnings Grew a Business to $16 billion.’ This break affected his CFA programme which he had started at the time, delaying his completion till 2012. After completing the CFA program in 2012, Rasaq Ahmed founded Sart Partners, an investment vehicle to carry out investment management in the alternative assets space that cuts across oil and gas, commodities, real estate, and other informal sectors. He used this license to found Globacom in Nigeria, which has now grown into other African countries like Benin republic, Ghana, and Côte d’Ivoire, with millions of subscribers. Wife, Boyfriend, Brother, Family, Net Worth, 100 Really Cute Things To Say To A Girl You Like, Who Is Bobrisky? This classic investment banking arrangement was only open to private institutional investors and high net worth individuals, and the minimum Entry investment was N1million. See Jim Ovia's compensation, career history, education, & memberships. “A lot of companies need to be formalized, so they become investable and provide liquidity option for investors. For Ovia, these arms have been his way of grooming the next generation. Back to Ogbomoso, the Ahmeds moved into the house of an extended family located at Isale, not far from Ladoke Akintola University of Technology (LAUTECH). At age 14, the family had their life disrupted by the Hausa-Yoruba crisis which rocked the country in 1999. 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. To access the scholarship application, you have to first of all open a Jim Ovia Scholars Account. He owns stakes in different companies in Nigeria including Stanbic IBTC Bank and Sterling Bank. Here you can read and comment on up to date information and news that we will be sharing with you about the work and impact of the Foundation. He returned after his degree and rejoined Union Bank of Nigeria’s branch at 121 Broadstreet, Victoria Island for his National Youth Service Corps. Spend the little money you have today wisely. Based on recommendations from an uncle, Razaq started learning generator repairs and maintenance. Kay is the wife of Jim Ovia, one of the biggest names in Nigeria’s banking sector and the chairman of Zenith Bank. His wife is the CEO of Quantum Market Limited and founder of Star Rising Talent Hunt for kids and young adults. This erupted into a major crisis that claimed the lives of many Yorubas and Hausas across the country. He eventually got a job as a Software Engineer for another startup in Los Angeles, before he moved to Deloitte Consulting in the CRM and Technology practice as a Senior Consultant. Jim Ovia comes from a large family and is the Second Born Son of his Father, Obi Olihe of Agbor-Obia, who is … Jim Ovia and his beautiful wife, Kay Ovia at the launch of his book, “Africa: Rise and Shine”. He was born in the year 1951. His uncle was against this decision, believing that it would become a distraction to him. The idea, Razaq explains, is to let savings become a lifestyle, you save while living your normal life. "Jim Ovia has been my personal friend and trusted banker over the last twenty-five years. Jim Ovia Relationship. Welcome to the Jim Ovia Foundation Press Room. Zenith Bank Founder, Jim Ovia’s Quiet Birthday November 6, 2020 . I don’t have a lot of money but I want to find people who I can make those kinds of investments and bets as well,” he said. In May 2015, Mike Adenuga made a takeover bid and acquired the Ivorian mobile telecoms operator “Comium” in Cote d’Ivoire for $600m. Fresh out of school, he opted to take the same Semiconductor Chip Design as a career option in Biomorphic VLSI, a startup of 8 employees, hoping to get better at it with more practice. 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. A pet desire of Mr. Jim Ovia and his wife, Mrs. Kay Ovia, the dream JHC came to the fore six Septembers ago when the first set of students showed up on the expansive college grounds in Agbor, Delta State that had been prepared for that purpose. But Jim Ovia had a life (outside) his banking career, and has built businesses and mentored people. He later left the country and went to live in London for a while until late President Umaru Musa Yar’Adua’s regime granted him a pardon, making it possible for him to return home to Nigeria. Isioma Olowu nee Ovia had gotten married to her beau, Ola Olowu, in August 24, 2013 in London at a very lavish and lush wedding ceremony, with the reception at the iconic Savoy Hotel, in London. Jim Ovia Relationship Jim Ovia is married to Kay Ovia. He also holds a Yoruba Chieftaincy as the Otunba Apesin of the Ijebu clan. 5. In 2006, the Economic and Financial Crimes Commission raided the head offices of Globacom, Equitorial Trust Bank (ETB), and Conoil, and invited Mike Adenuga for questioning about a case of money laundering. STAR Rising Initiative led by Mrs Ovia, wife of former Zenith Bank chief executive, Jim Ovia, is set to launch the maiden edition of its talent-hunt show in Lagos. 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