Jaiz Bank Gets New MD/CEO Oct 16
BY EDMOND ODOK – Nigeria’s pioneer non-interest bank, Jaiz Bank Plc has appointed Dr Sirajo Salisu as its new Managing Director and Chief Executive Officer.
The Company Secretary, Mohammed Shehu, said in a statement made available to the Nigerian Exchange Ltd (NGX) that the appointment would take effect from October 16, 2022.
According to the statement issued in Lagos on Monday, Salisu is to replace incumbent Managing Director, Malam Hassan Usman, who will be retiring on the same date.
The statement read in part; “Jaiz Bank Plc hereby notifies the Nigerian Exchange Limited and the general public that the Central Bank of Nigeria has approved the appointment of Dr. Sirajo Salisu as the Managing Director/CEO of the bank. His appointment would take effect from October 16th, 2022 following the retirement of the incumbent MD, Mallam Hassan Usman.”
With over 28 years of banking experience and more than a decade of it serving at the top management level, Salisu was until his new appointment the Executive Director, Business Development (North) of the financial institution.
He is a Certified Risk Manager (CRM), Fellow, Institute of Credit Administration (FICA), and honorary Senior Manager, Chartered Institute of Bankers of Nigeria (CIBN).
He joined Jaiz Bank team in 2016 and served as the Regional Manager (South) while also supervising the bank’s treasury department. In 2018, he was appointed the institution’s Chief Risk Officer and was later elevated to the position of Executive Director.
The new Chief Executive started his banking career in 1992 with Inland Bank Plc as a supervisor and rose to the position of General Manager in 2009 with First Inland Bank (FIB) Plc.
While serving at FIB, he held various management positions in operations, credit administration, and business development, before becoming Regional Manager, Abuja, the Federal Capital Territory (FCT).
In 2009, he was appointed as Managing Director and Chief Executive Officer (CEO), Arab Gambian Islamic Bank (AGIB), a position he occupied till January 2015.
Dr Sirajo has attended numerous management and Islamic banking courses within and outside Nigeria as a participant and/or speaker. He is an alumnus of the prestigious Lagos Business School (SMP 33) and Madinah Institute for Leadership and Entrepreneurship (PALM II), Kingdom of Saudi Arabia.
