Jim Ovia, the founder and group chairman of Zenith Bank Plc, has officially retired from the bank's board following the conclusion of his tenure. This announcement was made during the bank's 35th Annual General Meeting held on Tuesday. Ovia's retirement is in accordance with the Central Bank of Nigeria's corporate governance regulations, which stipulate a maximum tenure for non-executive directors. His departure marks the end of a significant era for the bank, which he has led since its inception.
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