Nigeria: Zenith Bank Appoints Abiodun Durosinmi as CFO

Zenith Bank Plc, a leading financial institution in Nigeria, has announced the appointment of Abiodun Durosinmi as its new Chief Financial Officer (CFO), effective October 14, 2024, following approval from the Central Bank of Nigeria (CBN). Durosinmi succeeds Mukhtar Adam, who served as CFO for six years from May 2018 to October 2024.

Prior to his appointment, Durosinmi was the Chief Operating Officer/General Manager of Finance, Operations & Technology at Zenith Bank (Ghana) Limited. He played a crucial role in enhancing the bank’s overall growth and profitability, as well as supporting the regional expansion of the subsidiary.

With over two decades of experience at Zenith Bank Plc, Durosinmi has held several key positions within the Zenith Group, including CFO/Head of the Accounts Department at Zenith Pensions Custodian Limited, Head of Oil and Gas Upstream, and Deputy Group Chief Compliance Officer.

A qualified Chartered Accountant and Fellow of the Institute of Chartered Accountants of Nigeria (FCA), Durosinmi holds an MSc in Finance from the University of Leicester and a Global MBA from Alliance Manchester Business School. He has also attended several executive management programs at prestigious institutions, including Harvard Business School and London Business School.

Zenith Bank expressed confidence in Durosinmi’s ability to drive the bank’s financial strategy forward. “His extensive experience in financial management, corporate governance, and capital markets will ensure that Zenith Bank remains well-positioned for continued growth and strong investor engagement,” the company stated.