Nigeria, March 19 -- Zenith Bank Plc has announced the appointment of Adaora Umeoji as its Group Managing Director/Chief Executive Officer, effective from 1 June.

This appointment marks the first time a female executive will hold the position in the bank. Her appointment, however, is subject to approval by the Central Bank of Nigeria (CBN).

The bank made this disclosure on Tuesday, in a corporate filing on the Nigerian Exchange Group (NGX), signed by Michael Osilima, its secretary.

Mrs Umeoji's new role follows the expiration of the tenure of Ebenezer Onyeagwu on 31 May.

According to the disclosure, the decision by the board of directors is in line with the bank's tradition of grooming exceptional talents from within its ranks for lea...