His confirmation came five months after he was appointed.
In a statement on Monday in Lagos, the organisation said disclosed that Enakele, who was appointed in May, this year, would focus on investment banking, asset management and the securities trading side of the business.
According to the statement, he would also oversee a team, based in Lagos, while reporting to the board of directors.
Zenith Capital Ltd.’s Chairman, Mr Jim Ovia in the statement, said it was a difficult task in choosing a new managing director.
“Choosing a new managing director and chief executive was not an easy feat.
“We are confident that Jubril Enakele is the right candidate for this role and exactly what we need to continue down this road to sustainable growth.
“His appointment re-articulates our commitment to delivering value on behalf of all our stakeholders as Jubril brings his extensive experience and stellar track-record to bear for Zenith Capital Limited,” Ovia said.
Reacting to his confirmation, Enakele said in the statement that he was happy to have been chosen as the managing director of the company.
He added, “I am pleased to be part of Zenith Capital’s growth story in Nigeria and immensely proud to be part of the world-class team transforming it into a leading investment banking institution in West Africa.
“Our future is bright and I look forward with optimism and anticipation.”
Enakele had over 15 years of international and local experience across various aspects of banking, including banking operations, credit analysis and risk management.
Others include client coverage, investment banking, corporate finance and derivatives across Europe, the Middle East and Africa.
Enakele began his career in banking in 2000 in Nigeria, before joining Citibank Nigeria in 2004 and Citibank Global Markets London as a Vice President in 2008.
Enakele, who is an associate member of the Chartered Institute for Securities and Investment,(CISI) UK, is a graduate of Economics from the University of Calabar, Nigeria.
He has a masters degree in Public Policy from the University College London and attended London Business School and University of Oxford – Said Business School respectively.