Nigeria’s most profitable bank, Zenith Bank, led by a female CEO, Adaora Umeoji, has more female staff than men and is the only Nigerian tier 1 bank that has more female representation in that category.
The financial institution provided these figures in its financial report for the year ending December 31, 2024.
According to the report, women account for 53% of the workforce, while men make up the remaining 47%.
The bank’s 2024 gender analysis shows that out of its total workforce, 4,090 employees are female, while 3,614 are male.
It was not always like this.
In 2023, Zenith Bank had more male staff than women.
The trajectory changed last year immediately after Adaora came in.
Women are closing the gap exacerbated by inequality, as it speaks a lot of volume and is very instructive that Nigeria’s most profitable bank, with over 1 trillion in profit, is in the safe hands of women as it is practically run by women, a reflection of the progress we have made over the years as a society, and a reminder of why it is important to send the girl child to school.
Godwin Nwonu (GIN)
