October 7, 2020

Jaiz Bank appoints Umar, two others as directors

Jaiz Bank

By Mike Eboh

Jaiz Bank Plc, Wednesday, appointed three new directors to fill existing vacancies in the bank, and also as parts of efforts towards furthering its succession plan.

In a statement in Abuja, the bank stated that the appointments, which have been approved by the Central Bank of Nigeria and forwarded to the Nigerian Stock Exchange, NSE, included Mrs. Aisha Waziri Umar and Dr. Abdullateef Bello, who were appointed Independent Non-Executive Directors, with effect from 1st October 2020, while Dr. Sirajo Salisu, was appointed as an Executive Director with effect from 1st January 2021.

According to the bank, Mrs. Aisha Waziri Umar, who is the founder of Inara Foundation, a non-governmental organization assisting victims of violence in the northeast of Nigeria, is a legal practitioner and notary public with over 23 years’ experience across multiple sectors including law, banking, finance, public sector policy and administration.

Umar, the bank said, is an advocate and promoter of special education in Nigeria and the proprietor of the Centre for Children with Special Needs in Abuja, a special school that caters for the learning needs of children and adolescents with physical and/or learning difficulties.

It said: “She is a partner at Prodiverse Global, a legal and business advisory firm in Abuja. Mrs. Umar is a 1987 graduate of Law from the University of Buckingham, England, Masters of laws Degree (University of London) and Post-Graduate Diploma in Global Business from Oxford University, Said Business School England.

“She is currently a student at the University of West Scotland, researching Nigeria’s engagement with the WTO (World Trade Organisation) Dispute Settlement system.”

In addition, the bank said Dr. Abdullateef Bello received his M.Sc. and Ph.D. in Applied Statistics from the University of Oxford (U.K), and was the recipient of the prestigious Rhodes scholarship, which enabled him to complete his studies at Oxford.

“Dr. Bello has published extensively in leading international journals including International Research Journal of Finance and Economics, The Statistician; Computational Statistics and Data Analysis; Statistics in Medicine; Biometrical Journal; Communications in Statistics: Theory and Method; Journal of Statistical Computation and Simulation; and Australian Journal of Statistics.

“He has also contributed a number of short papers in Bulletins and magazines worldwide. In the late ’80s and early ‘90s, Dr. Bello served as a Lecturer at the Federal University of Technology, Akure, Nigeria (1987-88) and a Computational Statistician with the Numerical Algorithms Group (NAG, UK) (1992-1994).

“In August 1994, he joined the young professional programme of the Islamic Development Bank (IDB) and worked for 20 years in the Economic Research and Policy Department where he eventually retired as Principal Statistician,” the bank noted.

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Furthermore, the bank stated that Dr. Sirajo Salisu is a Certified Risk Manager, CRM; Fellow, Institute of Credit Administration, FICA, and Honorary Senior Member Chartered Institute of Bankers of Nigeria, CIBN.

It said: “Sirajo is a 1991 B.Sc. Economics graduate from Bayero University Kano, Msc Monetary Economics (University of Port Harcourt) and Ph.D Agricultural Economics from Abubakar Tafawa Balewa University Bauchi. Sirajo also obtained his second Masters’ Degree on Islamic Banking and Finance from Bayero University Kano.

“Sirajo has 28 years practical banking experience with 11 years at Top Management Level. He started his banking career in 1992 with Inland Bank Plc as a Supervisor and rose to Assistant General Manager in 2009 with First Inland Bank Plc.

“He held various Managerial Positions in both Operations, Credit Administration and Business Development including Regional Manager FCT Abuja in 2007.

In 2009, he was appointed Managing Director/CEO Arab Gambian Islamic Bank (AGIB), a position he held for Six (6) years till January 2015.

“Sirajo joined Jaiz Bank Plc in 2016 and served as the Regional Manager South while supervising the Treasury Department of the Bank. In 2018, he was appointed as the Chief Risk Officer of the Bank a position which he would hold before assuming his position as an Executive Director of the Bank.

“Sirajo has attended several Management and Islamic Banking Courses in and outside Nigeria as a participant and/or a speaker. He is an Alumnus of the prestigious Lagos Business School (SMP 33) and Madinah Institute for Leadership and Entrepreneurship (PALM 11), Kingdom of Saudi Arabia.”