Zenith Bank’s Mukhtar Adam Now Chief Financial Officer of the Year

By Aduragbemi Omiyale

The Chief Monetary Officer of Zenith Financial institution Plc, Dr Mukhtar Adam, has develop into the Chief Monetary Officer of the 12 months, putting him alongside different celebrated professionals throughout Africa.

He gained this award on the eleventh All Africa Enterprise Leaders Awards (AABLA) held in partnership with CNBC Africa on the King’s Ballroom, Solar Metropolis, South Africa, on June 23, 2023.

AABLA represents Africa’s largest single-business awards, celebrating the top of African enterprise achievement. It has persistently narrated an African story of perseverance, success, innovation, and accountability. It has develop into synonymous with recognising the best in enterprise management on the African continent.

Expressing his gratitude for the popularity, Mr Adam thanked the judges and organisers of the award, expressing his appreciation for being deemed a becoming recipient of the award.

He additionally thanked the founder and Chairman of Zenith Financial institution Plc, Mr Jim Ovia, the administration of Zenith Financial institution, his colleagues in Nigeria and the financial institution’s subsidiaries for fostering a optimistic work surroundings.

Mr Adam is a distinguished finance skilled with over 20 years of cognate expertise. He holds a Physician of Philosophy diploma in Finance from Leeds Beckett College, an MSc in Finance – Monetary Sector Administration from the College of London’s Faculty of Oriental and African Research, an MBA in Finance from the College of Leicester, and a B.Ed. in Social Sciences, specialising in Economics and Administration, from the College of Cape Coast in Ghana.

The awardee additionally holds a Diploma in Worldwide Monetary Reporting Requirements (IFRS) from the esteemed Institute of Chartered Accountants in England and Wales (ICAEW) and a Postgraduate Diploma in Islamic Banking and Insurance coverage from the Institute of Islamic Banking and Insurance coverage within the UK.

Mr Adam has participated in a number of govt programmes at world-leading establishments, together with the Basic Administration Program (GMP) at Wharton Enterprise Faculty within the USA, Harvard Enterprise Faculty, INSEAD Enterprise Faculty in Paris, the London Faculty of Economics and Political Science, and the Massachusetts Institute of Know-how. He’s a member of the Institute of Chartered Accountants of Nigeria (ICAN), the Institute of Chartered Accountants of Ghana (ICAG), and the Chartered Institute of Taxation of Nigeria (CITN).

Previous to his present function because the Chief Monetary Officer (CFO) of Zenith Financial institution Plc, Mr Adam served because the financial institution’s Deputy CFO, main the Monetary Reporting, Tax Administration and Strategic Planning Teams and supervising the Zenith Group’s total monetary reporting operate. Earlier than becoming a member of Zenith Financial institution in 2007, he honed his abilities as a Senior Marketing consultant within the Monetary Companies Group of PricewaterhouseCoopers (PwC).

His huge experience spans quite a few monetary areas, from monetary sector administration and coverage evaluation to monetary reporting and evaluation, tax administration, audit administration, technique growth and execution, enterprise danger administration, credit score danger administration, and monetary advisory. He’s additionally completed in capability constructing and coaching. He’s a prolific researcher with a number of skilled and educational publications.

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