JAIZ Bank appoints new MD
By Abdulwahab Isa
The Board of Directors of Jaiz Bank Plc yesterday announced the appointment of its erstwhile General Manager in charge of the Business Development Group, Hassan Usman, as its new acting Managing Director.
A press statement by the bank’s spokesperson, Idris Salihu, explained that the development followed the resignation of the pioneer Managing Director, Muhammed Mustapha Bintube, after almost 10 years of nurturing the bank.
According to the statement Bintube resigned on personal moreover having achieved the mandate given to him by the bank’s Board of Directors.
The statement noted that the credit behind the success of Ja’iz goes to Bintube, describing him as distinguished and a quintessential banker with several years of experience.
The bank reiterated its commitment to its underlining principles of high ethics, transparency, fairness and the socio-economic development of the Nigerian people.
The statement described Hassan as a Chartered Accountant and a seasoned banker who graduated with a first class Degree in Accounting in 1985 from Ahmadu Bello University, Zaria and became an Associate Member of Institute of Chartered Accountants of Nigeria (ICAN) in 1989.
He obtained a post graduate diploma in Management in 1995 from Maastricht School of Management.
Hassan also attended the Oxford University Executive Management Programme in 2002.
His work experiences include, Financial Controller of Nigerian Development Company Limited, Kaduna, Financial Controller and Treasurer at NAL Merchant Bank PLC between 1996-2001., General Manager, Banking Services, Inland Bank, Deputy General Manager and Head Business and Financial Advisory Group, NAL Merchant Bank. He is a Fellow of the Institute.
Jaiz got its regional banking licence from the Central Bank of Nigeria (CBN) on 11th November, 2011 and commenced operations on the 6th of January, 2012 in three locations, Abuja, Kano and Kaduna.