Crisis At Zenith Bank Between Peter Amangbo, Adaora Umeoji?

There is one rumour that is gradually spreading fast in the banking sector in Nigeria and it allegedly involves two ‘elephants’ at Zenith Bank Plc.

As the rumour goes, the Group Managing Director of the bank, Peter Amangbo, and his deputy, Adaora Umeoji, are at loggerheads with each other.

According to CapitalNG, the alleged fight borders on supremacy between the two colleagues, who should be working for progress of the financial institution.

But those close to the duo have said the alleged misunderstanding is just an imagination of those spreading the rumour.

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They claimed the two talented and accomplished bankers are not at war with each as being speculated by some “mischief makers.”

CapitalNG said trouble reportedly started when Adaora’s loyalists allegedly believed that she has been cast in a bind and turned into ordinary ceremonial figurehead whose chief duties has been to rubber-stamp the MD’s decisions while carrying out his will, albeit grudgingly.

Funnily enough, life is a drag to many deputy bank chiefs, in Nigeria. They are the negligible indices in the scheme of things. The quiet characters, whose industry and worth are forever smothered in the raucous din of over-celebrated and publicity-hungry superiors. Thus the title: Deputy Managing Director (DMD), rankles many deputy bank chiefs, like rusty handcuffs on the wrists of severely misunderstood and underappreciated patriots.

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It’s really sad. No wonder some people would say it’s better to be a branch manager than to be the DMD of a bank.

But as news of their alleged grudge-fest spreads like wild fire, sources close to the duo have dismissed the rumour and what they term malicious speculations, claiming they are figments of the imagination of agents of mischief desperately trying to sully the reputation of the Zenith bank head honchos and impair the bond of their friendship.

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However, the fear of Adaora is the beginning of wisdom. Staff of the bank tremble and kowtow before her, while the customers catch cold whenever she sneezes. She is however not one to brook any nonsense from any quarters. Little wonder, many worship the ground she treads while praying and hoping that they don’t incur her wrath.

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