Finance

Zenith Bank, CEO recognised for CSR, sustainability initiatives

World Finance Awards: Zenith Bank wins best commercial bank

Zenith Bank Plc and its Chief Executive Officer, Mr Ebenezer Onyeagwu, have been recognised at the Sustainability, Enterprise and Responsibility CSR Africa Awards.

A statement on Sunday said Onyeagwu won ‘CEO of the Year’ award, while the bank won in four categories, namely ‘Best Company in Reporting and Transparency’, ‘Best Company in Infrastructure Development’, ‘Best Company in Gender Equality and Women Empowerment’ and the ‘Most Responsible Organisation in Africa’.

Read:  MTN to boost stock market liquidity by N375bn

It said, “The judges found him worthy for his commitment to promoting sustainability and responsible business practices in Nigeria, by his frontal leadership of sustainability in Zenith Bank, thereby enabling best industry practices in the banking sector, and for his passion for reducing carbon emissions in the bank’s operations.

Read:  Naira crashes to 543/dollar, pounds hit N740

“Under his leadership, the Zenith Bank’s social investments totalled N3.29bn in 2020, representing nearly two per cent of the bank’s profit after tax.”

According to the statement, SERAS is an initiative of TruCSR that celebrates and promotes investments by corporate organisations in the society through CSR and sustainability initiatives.

Punch

Related posts

Banks’ profit may dip over fintech encroachment on financial services

NigGal

The outcome of the MPC meeting on February 2024

NigGal

Infrastructure devt: FG grants N20bn tax waiver to NLNG

NigGal

Unilever Nigeria set to create new company for tea business

NigGal

‘Money bouquet now form of naira abuse’

NigGal

CBN directs banks to charge 0.5% Cybersecurity levy

NigGal

Leave a Comment