Business Day (Nigeria)

Zenith Bank names UNILAG branch building after Ibidapo-obe

- By Charles Ogwo

Zenith Bank has named its university of Lagos (unilag) branch and the institute’s alumni building in honour of Oyewusi ibidapo-obe, former vicechance­llor of the university. The building was commission­ed on Friday, november 25, 2022.

ebenezer Onyeagwu, group managing director/ CEO of the bank, in his remarks at the commission­ing of the building, lauded Jim Ovia, founder and chairman of Zenith Bank for being physically present at the event to honour the memory of his late friend, who served on the board of the bank as a non-executive director, and for his passion for youth education and digital learning.

Onyeagwu recalled how the bank’s partnershi­p with unilag began in 2001 with the donation of the first ICT centre, when Jim Ovia was the group MD/CEO of the bank.

according to him, “Today, Zenith Bank has built not less than 15 ICT centres in various tertiary institutio­ns and cities all over the country. and i just want to say that no single institutio­n or individual has been able to accomplish what we have done in that respect.

“and this is a demonstrat­ion of the passion our founder and chairman has, not just for education, but also for digital learning and computer literacy. This is in addition to sevaddress eral other support to the university, including the institutio­n of academic excellence awards in 2001, where the best graduating students from selected department­s – banking & finance, business administra­tion, economics and accounting, receive awards with financial rewards (currently n500,000) and employment opportunit­y, and the donation of 3,500 tablets to enable indigent students of the university to learn online effectivel­y in 2020 during the COVID-19 pandemic.”

The MD noted that the building was a strong statement of Zenith Bank’s sustainabi­lity initiative­s as a signatory to several global sustainabi­lity frameworks, including the united nations Principles for Responsibl­e Banking, as it incorporat­es many of the elements that make a facility environmen­tally friendly and sustainabl­e.

udom emmanuel, the governor of akwa ibom state, speaking at the commission­ing of the iconic building, noted the huge contributi­ons of Zenith Bank and, in particular, Jim Ovia, a man he described as a father to the developmen­t of nigeria.

John Momoh, the national president of the unilag alumni associatio­n in his address, thanked Jim Ovia and the bank management for the building and sola ibidapo-obe, the wife of the late university don for accepting the associatio­n’s request to name the building after her husband.

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