Appointments
Jaiz Bank Plc appoints new directors
Jaiz Bank Plc has announced the appointments of Mr. Seedy Mohammed Nijie and Alhaji Mamun Ibrahim Maude as Non-Executive Directors of the Bank.
Jaiz Bank Plc has announced the appointments of Mr Seedy Mohammed Nijie and Alhaji Mamun Ibrahim Maude as Non-Executive Directors.
The announcement came in a statement signed by Rukayat. O. Dahiru, the Company’s Secretary/Legal Adviser and made available to the investing public. It became effective on March 16, 2020.
Seedy Mohammed Nijie’s profile: Nijie holds a Masters’ Degree in Business Administration from the School of Oriental & African Studies, University of London. He is a fellow of the Association of Chartered Certified Accountant – the UK as well as an Associate professional Risk Manager amongst other professional certifications.
Nijie started his career in 1999 as an Assistant Audit Manager at Deloitte & Touche, the Gambia. He continued his career with Islamic Development Bank, Jeddah, Saudi Arabia in 2005, where he had served in different capacities and recently as Senior Investment Specialist.
He has had 20 years of work experience spanning Audit & Advisory Services and Risk Management. Mr Nijie represents Islamic Development Bank on the board.
(READ MORE: Courteville, Jaiz Bank, Transcorp lead gainers’ chart on Friday)
Alhaji Maude’s profile: Maude holds a Master’s degree in Banking and Finance from the Bayero University Kano. He started his career after NYSC in 1979 as a Principal Accountant at the Kaduna state water board. In 1985 he worked as the Chief Accountant and Company Secretary of Funtua Cottonseed Crushing Co. Ltd, Funtua.
Between 1989 and 2008, he served in various capacities at the Central Bank of Nigeria including Banking services and Banking supervision. He was later appointed as Chairman of Newtide Insurance Brokers Ltd.
He is currently the Special Adviser Financial, to the Chairman of Oriental Energy Resources Limited. He has had over 40 years of work experience in Public Civil Service, Banking & Insurance and Oil & Gas sectors. He also has versed knowledge of Islamic Finance has travelled locally and internationally to deliver lectures and papers on the subject.
About Jaiz Bank: Jaiz Bank Plc is a national bank as well as a quoted public company, owned by over 26,000 shareholders who are spread over Nigeria’s six geopolitical zones.
The Bank’s balance sheet has grown from N12 billion in 2012 to about N62 billion, with asset financing of over N30 billion. Jaiz Bank’s customer base has also grown to over 230,000 cutting across all strata of the society.
Appointments
Airtel Nigeria announces appointment of Surendran as new Chief Executive Officer
Airtel Nigeria, has announced the appointment of Mr C. Surendran as the new MD/CEO with effect from August 1, 2021.
Telecommunications giant, Airtel Nigeria, has announced the appointment of Mr C. Surendran as the new Managing Director and Chief Executive Officer with effect from August 1, 2021.
Surendran would be replacing the outgoing Managing Director and Chief Executive of Airtel Nigeria, Olusegun Ogunsanya, who has been elevated to the position of Chief Executive Officer of Airtel Africa Plc with effect from October 1, 2021.
According to a report from the News Agency of Nigeria, this disclosure is contained in a statement issued by Airtel on Wednesday, May 5, 2021, in Lagos.
READ: Airtel Africa signs new $500 million loan with Bank of America, HSBC, others
The statement says that Surendran would also be appointed to the Executive Committee (ExCo) as Regional Operating Director, reporting to the CEO of Airtel Africa plc, and onto the Board of Airtel Networks (Nigeria) Limited.
Airtel in its statement said, “Surendran has been with Bharti Airtel since 2003 and has contributed immensely in various roles across customer experience, sales and business operations.
He was the Chief Executive Officer of Karnataka, which is the largest circle in Airtel India, with over one billion dollars in revenue.
Surendran delivered an exceptional performance with significant movement in Revenue Market Share (RMS) over the last few years, currently at 54 percent. He has over 30 years of business experience, including 15 years at Xerox.’’
Airtel said that Surendran would transition into his new role from June 1, 2021, and spend the time onboarding into the business until July 31, 2021.
READ: Meet the latest billionaires on the Nigerian Stock Exchange
In case you missed it
It can be recalled that a few days ago, Airtel Africa Plc, a leading provider of telecommunications and mobile money services in Nigeria and 13 other countries, announced the appointment of Mr Olusegun Ogunsanya as the new Chief Executive Officer, following the notice of retirement given by the current Managing Director/Chief Executive Officer, Raghunath Mandava, to the Board.
In the notification sent by Airtel Africa to the Nigerian Exchange, Ogunsanya is expected to join the board of Airtel Africa with effect from October 1, 2021.
Appointments
Guinness announces retirement of Chairman, appoints former Minister as replacement
Guinness Nigeria Plc has announced the appointment of Dr Omobola Johnson as the new Chairman of its board, with effect from July 1, 2021.
