What It Does: Zenith Bank offers financial services such as corporate banking, personal banking, internet banking, asset management, and issuance of loans.
Mission: Zenith Bank's mission statement is to design its brand into a credible international financial institution with outstanding performance and provision of superior value to all stakeholders concerned.
Size and Presence: Zenith Bank's workforce in Nigeria comprises more than 6,000 employees across over 400 offices in the country. Its headquarters is in Lagos.
Best Known For: Aside from being one of the largest banks in Nigeria and West Africa as a whole, Zenith Bank is an award-winning financial institution. In the 2022 edition of The Banker Awards, Zenith Bank was named Bank of the Year. In 2022, the international banker named Zenith Bank the Best Commercial Bank and Best Innovation in Retail Banking in Nigeria.
The Good Bits: Zenith Bank has a fun and exciting work environment. The company offers its employees juicy employment incentives in addition to their basic salary. Zenith Bank is a great workplace because it offers promising career prospects for fresh graduates and interns.
The Not-So-Good Bits: The job comes with high expectations.
Zenith Bank came into existence towards the end of the 20th century. This was in 1990, to be precise, and the bank commenced banking operations in the country in the same year. Zenith Bank became one of the earliest banks in Nigeria to embrace and adopt Internet banking. In 1997, Zenith Bank attained a capital base of ₦500 million. In 1999, Zenith Bank started using digital technology to promote its financial services and encourage customers to engage in online banking. Zenith Bank started growing during the formative years of the 21st century.
Thanks to its investments in information technology, Zenith Bank was able to compete favorably with some of the biggest banks in Nigeria at the time and also record sizeable revenues. In 2004, Zenith Bank had its Initial Public Offering. Later that year, Zenith Bank was listed on the Nigeria Stock Exchange. Zenith Bank has equity investments in subsidiaries such as Zenith general insurance, Zenith Custodian, and Zenith Securities. Currently, Zenith Bank has over 10,000 employees across its branch offices in Nigeria and other countries in Africa.
Zenith Bank's culture is based on five core values: loyalty, corporate governance, integrity, excellent service, and Professionalism. The company has a healthy working environment where everyone gets along with each other and employees are free to be their true selves. Zenith Bank is a hub of inclusion and diversity, as you can see employees with differences in cultures, religions, political views, socioeconomic background, gender, marital status, and age.
The company cares about its employees’ well-being, which is why there is a sound welfare program to cater to their needs and keep them happy. Freshers and interns are welcomed and shown the ropes by their more experienced colleagues. The company's dress code is business professional or formal wear.
Being a model employer, Zenith Bank provides several training and development opportunities for younger talents who want to build a career in banking. Zenith Bank's job rotation programs provide all-around professional development that nurtures fresh graduates into seasoned experts. The bank's graduate training program targets people who are problem solvers, creative, analytical, result-oriented, team players, and excellent communicators.
Through its learning center, Zenith Bank has been able to upskill its existing employees and train its new ones. Its orientation program includes professional courses that provide a structured learning experience for its participants.
Zenith Bank pays its fresh graduates an average yearly salary of ₦1.3 million. Employees occupying junior positions at the firm could earn about ₦600k annually.
Zenith Bank has launched initiatives to address extreme poverty, create employment opportunities, and build capacity for Nigerian Youths.