Peter Olisamedua Amangbo, one of the longest serving top officials of Zenith Bank has been named as new Chief Executive Officer (CEO) of the bank.

This is coming on the heels of the imminent exit of the current CEO, Godwin Emefiele whose appointment as the next governor of the Central Bank of Nigeria (CBN) has been confirmed.

Olisamedua Amangbo is an executive director who has been with the bank for more than 21 years. His appointment as CEO takes effect from June 11.