• Moves to strengthen succession plan, efficiency

BY COBHAM NSA – In a move to further strengthen its succession plan and service efficiency, Nigeria’s foremost non-interest financial institution, Jaiz Bank Plc, has appointed three new directors to fill existing vacancies in the organisational structure.

Already, the Central Bank of Nigeria (CBN) has approved the appointments and forwarded their names to the Nigerian Stock Exchange (NSE) for proper documentation.

Listed as the new appointees are Mrs  Aisha Waziri Umar and Dr Abdullateef Bello, who will serve as Independent Non-Executive Directors, with effect from October 1, 2020, while Dr Sirajo Salisu is coming on board as an Executive Director with effect from January 1, 2021.

Salisu Sirajo, PhD

A statement by the Bank profiling the new Directors indicated that Mrs Aisha Waziri Umar is a Legal Practitioner and Notary Public with over 23 years experience across multiple sectors, including law, banking, finance, public sector policy and administration. She is the founder of Inara Foundation, a Non-Governmental Organization, (NGO) assisting victims of violence in Nigeria’s northeast region.

Mrs Umar 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. She is a partner at Prodiverse Global, a legal and business advisory firm in Abuja

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

On his part, Dr Abdullateef Bello got his M.Sc and Ph.D in Applied Statistics from the University of Oxford (U.K). 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.

For Dr Sirajo Salisu, he is a Certified Risk Manager (CRM), Fellow Institute of Credit Administration (FICA) and Honorary Senior Member Chartered Institute of Bankers of Nigeria (CIBN).

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.

Siraji, who also obtained his second Masters Degree on Islamic Banking and Finance from Bayero University Kano, 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. After joining Jaiz Bank in 2016, Sirajo served as the Regional Manager South while supervising the Treasury Department of the Bank. In 2018, he was appointed as the Bank’s Chief Risk Officer (CRO), a position he held before his current appointment as the Bank’s Executive Director.

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.

According to the official statement, Jaiz Bank Board is happy with the new appointments and looks forward to working with the Directors to reposition the institution for effective service delivery.


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