Zenith Bank Plc, a prominent financial institution in Nigeria, has announced the appointment of Abiodun Durosinmi as its new Chief Financial Officer (CFO), effective October 14, 2024, pending approval from the Central Bank of Nigeria (CBN).

In a statement released by the bank, it was noted that Durosinmi will take over from Mukhtar Adam, who has held the CFO position for six years, from May 2018 to October 2024.

“Until his appointment, he was the Chief Operation Officer/General Manager, Finance, Operations & Technology at Zenith Bank (Ghana) Limited, where he was instrumental in strengthening the Bank’s overall growth, and profitability as well as supporting the regional growth of the subsidiary,” the statement.

Durosinmi brings over 20 years of experience with Zenith Bank Plc, having held various positions within the Zenith Group, including CFO and 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 (FCA) of the Institute of Chartered Accountants of Nigeria, Mr. Durosinmi also holds an MSc in Finance from the University of Leicester and a Global MBA from Alliance Manchester Business School.

He has participated in numerous Executive Management Programs both domestically and internationally, including those at Harvard Business School and London Business School.

“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 and reinforce the company’s commitment to strong financial leadership and continued success in a dynamic global market,” the company said.