![]() ![]() ![]() Like many Nigerians, he was intrigued with this opportunity that private investors were presented to be licensed to operate banks, so he decided to make an application to acquire a banking license. Following the collapse of crude oil prices in the early 1980s, Nigeria implemented a Structural Adjustment Program (SAP) in 1986, seeking to revive the economy by extending opportunities to the private sector by commercialising or privatising previously regulated industries, including banking. His experiences at IMB, which were in the areas of financial and credit analysis, treasury management, developmental finance and trade finance, prepared him for the bigger things that lay ahead of him in the financial services industry. ![]() There, he rose meritoriously to the position of Senior Manager and from 1987 to 1990 led the Corporate Finance Department of Merchant Bank of Africa under the technical supervision of Bank of America. ![]() In the last quarter of 1980, immediately after his NYSC program, he joined International Merchant Bank (IMB), a subsidiary of First National Bank of Chicago as a Financial Analyst. During his senior year at the university, he got a night job as a computer operator at the Baton Rouge Bank and Trust, USA, where he had the opportunity of learning how the American Bank was using data processing technology to its advantage.Īfter receiving his Bachelor of Science degree in Business Administration from the Southern University of Louisiana in 1977 and an MBA from the University of Louisiana in Monroe in 1979, he returned to Nigeria to participate in the mandatory National Youth Service Corps (NYSC) program. Jim Ovia’s journey into the world of banking began at the Oba Akran Way, Ikeja, Lagos branch of Barclays Bank DCO (now Union Bank) in 1973, where he worked for about two years as a banking clerk before moving to the United States of America for his undergraduate and postgraduate studies. Sponsorship of the Nigeria Football Federation (NFF).Title Sponsorship of The National Women's Basketball League. ![]()
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