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Jim James Ovia (born 4 November 1951) is a Nigerian businessman, he is the founder of
Zenith Bank Zenith Bank Plc is a large financial service provider in Nigeria and Anglophone West Africa. It is licensed as a commercial bank by the Central Bank of Nigeria, the national banking regulator. As of 31 December 2019, it holds $16.1bn in total as ...
which he founded in 1990.


Early life

Jim Ovia holds a master's degree in Business Administration from the
University of Louisiana, Monroe The University of Louisiana Monroe (ULM) is a public university in Monroe, Louisiana. It is part of the University of Louisiana System. History ULM opened in 1931 as Ouachita Parish Junior College. Three years later it became the Northeast Ce ...
, Louisiana, USA in 1979 and a B.Sc. degree in Business Administration from
Southern University Southern University and A&M College (Southern University, Southern, SUBR or SU) is a public historically black land-grant university in Baton Rouge, Louisiana. It is the largest historically black college or university (HBCU) in Louisiana, a ...
, Baton Rouge, Louisiana, USA in 1977. He is also an Alumnus of
Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...
.


Career

He 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. He was the recipient of a Nigerian national honor. During two decades of leadership, he helped position the bank as one of the largest and most profitable in Africa. 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). He is a member of the Honorary International Investor Council as well as the Digital Bridge Institute (DBI). He is the Chairman of Cyberspace Network Limited. He was awarded an honorary doctorate degree in the 50th convocation ceremony of the University of Lagos. In September 2018, Ovia announced the publication of his book Africa, Rise and Shine published with ForbesBooks.


Philanthropy

He is a member of the Governing Council of
Lagos State University Lagos State University, also known as LASU, is located in Ojo, with sub-campuses at Ikeja and Epe both towns in Lagos State, Nigeria. The university was established in 1983 by the enabling law of Lagos State, for the advancement of learning ...
,
Lagos Lagos (Nigerian English: ; ) is the largest city in Nigeria and the List of cities in Africa by population, second most populous city in Africa, with a population of 15.4 million as of 2015 within the city proper. Lagos was the national ca ...
and a member of the Board of Trustees, Redeemer's University For Nations, Lagos. 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). Ovia headed numerous
NGO A non-governmental organization (NGO) or non-governmental organisation (see spelling differences) is an organization that generally is formed independent from government. They are typically nonprofit entities, and many of them are active in h ...
's at various times including serving as the first President of the Nigeria Internet Group (2001–2003). He is the founder and Chairman of Mankind United to Support Total Education (MUSTE), a philanthropic organization focused on providing scholarships for the less privileged. 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.


Award

In October 2022, a Nigerian national honour of
Commander of the Order of the Federal Republic The Order of the Federal Republic (OFR) is one of two orders of merit, established by the Federal Republic of Nigeria in 1963. It is senior to the Order of the Niger. The highest honours where the Grand Commander in the Order of the Federal R ...
(CFR) was conferred on him by President
Muhammadu Buhari Muhammadu Buhari (born 17 December 1942) is a Nigerian politician and current president of Nigeria since 2015. Buhari is a retired Nigerian Army major general who served as the country's military head of state from 31 December 1983 to 27 Au ...
.


References

1951 births Living people Southern University alumni University of Louisiana at Monroe alumni Harvard Business School alumni 20th-century Nigerian businesspeople 21st-century Nigerian businesspeople People from Delta State Nigerian company founders Nigerian bankers Lagos State University people Nigerian chairpersons of corporations {{Nigeria-bio-stub