Zenith Bank (Ghana) Limited has held a special Thanksgiving Service to mark its 20th anniversary, celebrating two decades of excellence, innovation, and dedicated service in Ghana’s banking industry.
The event, attended by staff and Board members, was a moment of deep reflection and gratitude to God for His grace and faithfulness throughout the Bank’s 20-year journey since its establishment in 2005. It symbolised both a celebration and a testimony of growth, from a modest beginning into one of Ghana’s leading financial institutions.
The atmosphere was filled with praise and thanksgiving through soul-stirring ministrations by gospel artistes MOG Music, Pastor Edwin Dadson, the Bethel Revival Choir, and the Zenith Choir, uniting the congregation in worship. Bishop Kakra Baiden, Senior Pastor of Elaia City Church, delivered an inspiring sermon that emphasised righteous living, stewardship, and self-improvement as keys to personal and organisational success.
Mrs Freda Duplan, Board Chair of Zenith Bank Ghana, said the Bank had remained true to its vision “to be a reference point in the provision of prompt, flawless and innovative banking products and services in the Ghanaian banking industry.”
She described the Bank’s 20-year journey as one defined by resilience, purposeful growth, and an unwavering pursuit of excellence. “What began as a modest operation has evolved into a formidable force within Ghana’s financial sector, proving its strength and adaptability through changing market cycles and economic turbulence,” she stated.
Highlighting the Bank’s strong financial performance, Mrs Duplan revealed that Zenith Bank Ghana’s total assets had grown from under GHS 65 million at inception to over GHS 22.5 billion as of the second quarter of 2025, making it the sixth largest bank among 23 commercial banks in Ghana. Shareholders’ funds, she added, had increased from just over GHS 7 million to GHS 2.6 billion over the same period.
She noted that the Bank had maintained this growth despite significant national and global challenges, including the 2008 global financial crisis, exchange rate volatilities, the 2014 energy crisis, banking sector reforms between 2017 and 2019, the COVID-19 pandemic, and the 2022–2024 debt restructurings.
“Through it all, Zenith Bank has remained steadfast. Our capital adequacy ratio continues to exceed regulatory benchmarks, while our non-performing loan ratio consistently ranks among the lowest in the industry,” she said, adding that discipline and prudence had been the Bank’s hallmark during Ghana’s most turbulent financial periods.
Managing Director and Chief Executive Officer, Mr Henry Onwuzurigbo, reaffirmed Zenith Bank Ghana’s commitment to excellence, innovation, and customer-centric service. “Beyond the impressive figures, our true legacy lies in the culture we have cultivated, a culture rooted in integrity, innovation and service. A culture that prioritises the customer, values collaboration, demands excellence, and rewards performance,” he said.
He emphasised that the future of banking is digital, inclusive, and customer-driven, adding that Zenith Bank Ghana is fully prepared to lead that transformation. “We will continue to invest in cutting-edge technology, nurture our talent, and strengthen our bonds with customers and communities,” he affirmed.
Mr Onwuzurigbo encouraged staff to approach the coming years with renewed purpose, focus on finishing the year strong, and position Zenith Bank Ghana for sustained success over the next two decades and beyond.
The Thanksgiving Service formed part of a series of activities marking the Bank’s 20th anniversary celebration, themed “20 Years of Impact, A Lifetime of Shared Growth.”