Mukhtar Adam Becomes Zenith Bank Chief Financial Officer

By Dipo Olowookere

A new Chief Financial Officer (CFO) has been appointed by Zenith Bank Plc and he is Dr Mukhtar Adam.

The appointee is an expert in financial reporting and analysis, tax management, audit management, strategy development and execution, enterprise risk management, credit risk management, financial advisory, capacity building and training.

He is also a researcher with a number of professional and academic publications to his credit.

Before his appointment as the CFO of Zenith Bank Plc, Mr Adam was the bank’s Deputy CFO, a position he held since September 2014.

Prior to that time, he headed the Financial Reporting, Tax Management and Strategic Planning Groups, and oversaw the entire Zenith Group’s financial reporting function.

Before joining Zenith Bank in 2007, he worked in Financial Services Group of the Nigerian and Ghanaian practices of PricewaterhouseCoopers (now PWC) as a Senior Consultant.

A statement issued by the lender today disclosed that the appointment of Mr Adam as the new CFO has been approved by the Central Bank of Nigeria (CBN).

Mr Adam holds a PhD in Finance from the Leeds Beckett University (UK); M.Sc. (Finance – Financial Sector Management) from University of London’s School of Oriental and African Studies, (UK); MBA (Finance) from the University of Leicester (UK) and BEd Social Sciences (Economics and Management) from the University of Cape Coast (Ghana).

He holds a Diploma n International Financial Reporting Standards (IFRS) from the Institute of Chartered Accountants in England and Wales (ICAEW). He is a member of the Institute of Chartered Accountants of Nigeria (ICAN), Chartered Institute of Taxation of Nigeria (CITN), and Institute of Chartered Accountants of Ghana (ICAG).