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()? He is among the first ten richest bankers in Nigeria. According to reports from PREMIUM TIMES, the two individuals are among a number of prominent people throughout the world who are suspected of using phony leasing schemes to avoid paying VAT on jets that were brought into the EU. Lagos State Governor, Mr Akinwunmi Ambode's comment on his predecessor and political godfather, Asiwaju Bola Ahmed Tinubu got guests cracking at the launch of the book "Africa Rise and Shine" written by the former Chairman of Zenith Bank, Jim Ovia, in Lagos. In addition to the Lagos Marriott Hotel and the Aquamarine Boat Club, he also owns the over 15-story Civic Towers, which are properties that are together worth billions of Naira and are located in various parts of the country. He was awarded an honorary doctorate degree in the 50th convocation ceremony of the University of Lagos [1]. Born from KwaMashu F-section, KwaZulu-Natal, South Africa. He is an enthusiastic fan of iconic architecture, and in order to capitalize on Nigerias expanding hospitality sector, he designed and built the Aquamarine Boat Club and the Civic Centre. 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]. View popular celebrities life details, birth signs and real ages. The deregulation suddenly took the exclusive right to start a bank out of the hands of foreign global financial institutions, or a federal or state government institutions, and allowed Nigerians to establish banks. He is the founder and Chairman of Zenith Bank Plc, one of Nigeria's largest and most profitable banks. The delectable wife of Zenith Bank chief, Jim Ovia, effortlessly combines motherhood and wifehood in the same girth. 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. 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. 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. Save my name, email, and website in this browser for the next time I comment. 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. Jim Ovias contribution to the Nigerian economy has been recognized by successive governments; he was conferred with the national awards of Member Federal Republic (MFR, 2000) and Commander of the Order of Niger (CON, 2011). 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. [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). Discover Jim Ovia's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. She also sits on the Board of several organisations. She also sits on the Board of several organisations. Your email address will not be published. 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. The bank became a Public Limited Company in 2001 and was listed on the Nigeria Stock Exchange (NSE), and later on the London Stock Exchange (LSE). [11][12] He is a member of the Honorary International Investor Council as well as the Digital Bridge Institute (DBI). Cause of Death, Bio, Age, Husband, Children, Net Worth, Victor Radley Bio, Age, Parents, Siblings, Nationality, Wife, Children, Height, Weight, Net Worth, Chaitanya Master Dhee Bio, Wiki, Cause of Death, Age, Wife, Children, Net Worth, Who is Craig Chamberlin? Jim James Ovia (born November 4, 1951) is a Nigerian businessman, a native of Agbor in Delta State. Ruth, thanks for putting this piece of concise information relating to the Genesis of Zenith Bank and partly early life of Ovia together. He had his primary education in Delta State, after which he enrolled at the prestigiousIka Grammar School, Bojiboji-Owa for his secondary education. He is the founder and Zenith Bank and also the largest individual shareholder of the bank. With an estimated net worth of $5.9 billion, he ranks as one of the richest people in Nigeria. Jim Ovia is one of the biggest names in Nigeria's banking sector and the Zenith Bank Chairman. 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. 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. More than 3500 youths have been empowered since 2002, with over 500 entrepreneurs empowered with ICT skills. 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. 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. Among other things, the bank had to choose its colours and logo before commencing operations. He is the chairman and largest individual shareholder with a stake of slightly more than 9% stake. September 18, 2018. During two decades of leadership, he helped position the bank as one of the largest and most profitable in Africa. degree in Business Administration fromSouthern University, Baton Rouge, Louisiana, USA (1977). 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. He is currently the Chairman and majority shareholder of Zenith General Insurance Limited; Nigerias most profitable general insurance company. Jim Ovias contribution to the Nigerian economy has been recognized by successive governments; he was conferred with the national awards of Member Federal Republic (MFR, 2000) and Commander of the Order of Niger (CON, 2011). This news came about as a result of revelations that they most likely skipped the payment of the tax. Kay is the Chief Executive Officer of Quantum Markets and initiator of the Star Rising Talent Hunt for children and young people. The Real Housewives of Miami's Julia Lemigovia shares the sweet story of how she met wife and pro tennis star Martina Navratilova. 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. Jim Ovia is among the first ten richest bankers in Nigeria. Quran reciter Passed Away. He is the Chairman of Cyberspace Network Limited. 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. Jim Ovia was born on the 4th of November, 1951 to the large family of Obi Olihe of Agbor-Obi, in Agbor, Delta State. Mrs. kay ovia is the Chairman of the Board of Directors of Cyberspace Limited, a leading software engineering company in Lagos. In addition to that, he holds a degree from Harvard Business School (OPM). He is married to Kay Ovia who is Also a Successful Business Entrepreneur like himself. Adjacent to this, he built the Civic Towers, a 15 story office block that colloquially is referred to as Nigerias Empire State Building. Your email address will not be published. Ovia headed numerous NGO's at various times including serving as the first President of the Nigeria Internet Group (20012003). He has always fostered a high degree of corporate governance throughout the Bank, which ultimately led to the institution achieving a GDR listing on the London Stock Exchange in the amount of $850 million in 2013. Also learn how He earned most of networth at the age of 72 years old? You can email the site owner to let them know you were blocked. What Happened to Carolyn Bryant? Jim Ovia is a business-growth thought leader, author, speaker, and coach impacting entrepreneurship in Africa and around the globe. 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