By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Zenith Bank Plc Wednesday announced it has appointed a new Chief Financial Officer (CFO), Stanley Amuchie.

This is coming on the heels of the appointment of Udom Emmanuel, former Executive Director and CFO of the bank as the new Secretary to the State Government (SSG) in Akwa Ibom State.

According to the notice of the Bank to the Nigerian Stock Exchange (NSE), Emmanuel has served on the Board of Zenith Bank since 2006. He was also a Non-Executive Director of African Finance Corporation.

“The bank wishes him success in his new endeavuor. This appointment is an eloquent testament to Udom’s qualities and further lends credence to our robust training and development infrastructure,” the notice said.

Zenith Bank further affirmed that in line with the Bank’s succession Plan, Amuchie was appointed the CFO.

Amuchie holds a First Class Honours (Industrial Chemistry) degree from the University of Benin, where he was a University Scholar during his years of study and graduated as the best graduating Industrial Chemistry student in 1993.

He is a Fellow (FCA) of the Institute of Chartered Accountants of Nigeria (ICAN) and an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria (HCIB).

He has about two decades post-graduation experience spanning Quality Control, Audit, Consulting and Banking, 18 of which has been in the Financial Services industry.

Amuchie started his financial services career in the Financial Sector of the Audit and Business Advisory Group of the Lagos Office of Arthur Andersen (now KPMG Professional Services) in 1995, where he worked on various Audit and Business advisory assignments for various Banks and Financial Services Operators in Nigeria and other West African Countries.

He joined the Financial Control and Strategic Planning Department of Zenith Bank Plc in 2000 and has been the Financial Controller of the Zenith Bank Group since 2008. He also coordinated the Bank’s Foreign Subsidiaries’ Operations.