By Aduragbemi Omiyale
The board of Jaiz Bank Plc has chosen Mr Sirajo Salisu as the new managing director/CEO of the financial institution. He is to replace Mr Hassan Usman, who is retiring from the company.
In a statement on Monday, the firm said the appointment of Mr Salisu takes effect from October 16. The Central Bank of Nigeria (CBN), which regulates the country’s banking industry, approved the new MD/CEO selection.
In the statement, the management and board of Jaiz Bank expressed confidence that his appointment would further strengthen the bank and wished him success.
Before his appointment, Mr Salisu was the executive director in charge of Business Development for the Northern region. He is a certified risk manager (CRM), a fellow in the Institute of Credit Administration (FICA) and an honourary senior member of the Chartered Institute of Bankers of Nigeria (CIBN).
The incoming MD/CEO has over 28 years of practical banking experience, with over a decade at the top management level. He started his banking career in 1992 with Inland Bank Plc as a Supervisor. He rose to Assistant General Manager with First Inland Bank Plc, where he held various managerial positions in Operations, Credit Administration and Business Development, including Regional Manager, FCT Abuja.
In 2009, he was appointed as the MD/CEO of Arab Gambian Islamic Bank (AGIB), a position he held till January 2015.
Mr Salisu joined Jaiz Bank 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 company and later elevated to the position of Executive Director of the lender.
He has attended some management and Islamic banking courses within 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.
Modupe Gbadeyanka