Jim Ovia named chairman of Nigerian Education Loan Fund… see details about him

 Jim Ovia named chairman of Nigerian Education Loan Fund… see details about him

President Bola Tinubu has appointed Jim Ovia, the Founder and Chairman of Zenith Bank Plc, as the Chairman of the Nigerian Education Loan Fund (NELFUND). 

The announcement was made by the President’s Spokesperson, Ajuri Ngelale, in a press release from the State House on April 26, 2024. 



Mr. Ovia’s appointment is expected to leverage his extensive experience and professional standing to advance the crucial goal of ensuring that every Nigerian student can pursue higher education without financial constraints.

Read also:





The statement emphasized the President’s confidence in Mr. Ovia’s ability to promote access to education and skills development for Nigerian youths, regardless of their backgrounds, thereby enabling them to contribute effectively to the knowledge-based global economy of the 21st century.

Here are some key points about Mr. Jim Ovia:



  • Jim Ovia is Founder and Chairman of Zenith Bank Plc, one of Africa’s largest banks.
  • Founder and Chancellor of James Hope University, offering postgraduate degrees in business courses.
  • Through the Jim Ovia Foundation, he provides scholarships to indigent students via the MUSTE initiative.
  • Author of “Africa Rise and Shine,” detailing Zenith Bank’s success and business insights in Africa.
  • Alumnus of Harvard Business School, University of Louisiana, and Southern University, Louisiana.
  • Member of the World Economic Forum (WEF) Community of Chairpersons and champion of the EDISON Alliance.
  • Honored with Commander of the Federal Republic (CFR) by the Federal Government of Nigeria for his economic contributions.
  • Conferred with National Productivity Order of Merit (NPOM) Award and other national awards for visionary leadership.
  • Advocate for sustainable higher education and skill development through the National Student Loan Programme.

Related post