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Appointments

JAIZ Bank Plc appoints Sirajo Salisu, 2 others as Directors

The Bank has appointed three new directors to fill existing vacancies as well as furthering its succession plan.

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JAIZ Bank Plc appoints Sirajo Salisu, 2 others as Directors

JAIZ Bank Plc has announced the appointments of three (3) new directors. The appointees are; Mrs. Aisha Waziri Umar and Dr. Abdullateef Bello as Independent Non-Executive Directors, with effect from 1st October 2020.

Dr. Sirajo Salisu is appointed as an Executive Director with effect from 1st January 2021. The appointments have been ratified by the Central Bank of Nigeria (CBN) and sent to the Nigerian Stock Exchange.

According to the notification sent to Niarametrics, the new appointees are meant to fill existing vacancies as well as furthering the Bank’s succession plan.

READ: Jaiz Bank reports 45.3% profit increase in H1 2020, involved in 21 litigations

Mrs. Aisha Waziri Umar is a seasoned Legal Practitioner & Notary Public with an experience spanning over two decades across multiple sectors including law, banking, finance, public sector policy, and administration. She is a passionate leader with extended experience in the educational and non-profit making sector, having established institutions like Inara Foundation and led the Centre for Children with Special Needs in Abuja. She is also a partner at Prodiverse Global, a legal and business advisory firm in Abuja.

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She is an alumna of the University of Buckingham and the University of London, where she obtained a Bachelors degree and Masters degree in Law. She also obtained a Post-Graduate Diploma in Global Business from Oxford University, Said Business School England. She is currently a student at the University of West Scotland, researching Nigeria’s engagement with the WTO (World Trade Organisation) Dispute Settlement System.

(READ MORE: Jaiz Bank: First shared-profit bank in Nigeria approaches 10 years)

On his part, Dr. Abdullateef Bello is an academic and highly revered scholar in the field of Applied Statistics. He has wide experience in academics and corporate research, having worked as a lecturer at the Federal University of Technology, Akure, Nigeria (1987-88), and as Principal Statistician at the Economic Research and Policy Department of Islamic Development Bank (IDB) for 20 years.

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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.

READ: Total E&P Nigeria appoints Bandele as new Deputy Managing Director

He is an alumnus of the University of Oxford, where he obtained an M.Sc. and Ph.D. in Applied Statistics bagging the prestigious Rhodes scholarship en route.

On the other hand, Dr. Sirajo has 28 years of practical banking experience with 11 years at top management levels. 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.

READ: CBN knocks airline and shipping firms over non-compliance with form NXP

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Prior to joining JAIZ Bank Plc in 2016, he served as the MD/CEO Arab Gambian Islamic Bank (AGIB), a position he held for six (6) years till January 2015. Upon joining the Bank in 2016, Dr. Sirajo had served in various capacities including serving 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 Bank, a position which he held before assuming his position as an Executive Director of the Bank.

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Dr. Sirajo is an alumnus of Bayero University, Kano; the University of Port Harcourt; and Tafawa Balewa University, Bauchi where he obtained a B.Sc. (Economics), M.Sc. (Monetary Economics), and Ph.D. (Agricultural Economics) respectively.

READ: 150 million to fall into extreme poverty by 2021 – World Bank

He is a Certified Risk Manager (CRM), Fellow Institute of Credit Administration (FICA), Honorary Senior Member Chartered Institute of Bankers of Nigeria (CIBN). Sirajo has attended 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.

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Appointments

Airtel Africa Plc appoints Kelly Bayer Rosmarin as Non-Executive Director

Kelly Bayer Rosmarin has been appointed by Airtel Nigeria Plc as a Non-Executive Director.

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Airtel Nigeria Plc has announced the appointment of Kelly Bayer Rosmarin as a Non-Executive Director (NED), with effect from 27 October 2020.

This information is contained in a note sent to the floor of the Nigerian Stock Exchange on the 27th of October 2020 and signed by Secretary, Airtel Africa Plc, Simon O’ Hara.

READ: Airtel Africa set to expand its Nigeria and other Africa operations with $1.25 billion

The appointment of Ms. Bayer Rosmarin is by the nomination of the controlling shareholder, pursuant to the terms of relationship agreement dated 17 June 2019, between the Company, Bharti Airtel, Airtel Africa Mauritius Limited, the majority shareholder, and an indirect subsidiary of Bharti Airtel, and Bharti Telecom. Ms. Bayer Rosmarin will replace Arthur Lang, who stepped down as a non-executive director on the same day.

READ: Airtel Africa secures fund from Qatar Investment Authority

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Ms. Bayer Rosmarin is currently the CEO of Singtel Optus and Consumer Australia. She was previously with Commonwealth Bank of Australia, where she held several senior positions and varied portfolios, before being appointed as Group Executive of Institutional Banking and Markets.

READ: Scandal: Another blow on Nissan as CEO steps aside  

What they are saying

Commenting on the appointment, Chairman, Sunil Bharti Mittal said, “On behalf of the Board, I would like to thank Arthur, who joined the Board in October 2018 and supported the company through its IPO, for his significant contribution to the success of our strategy to build Airtel Africa into a market-leading mobile service provider and wish him well for the future.”

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READ: MTN: Data subscriptions triggered surge in Q2 2020 Revenues

He further stated, “I am delighted that Kelly has agreed to join the Airtel Africa Board and we very much look forward to working closely with her.”

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Appointments

MTN Nigeria announces the appointment of Karl Toriola as CEO designate

MTN Nigeria has announced the appointment of Karl Toriola as new CEO designate, to replace Ferdi Moolman. 

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MTN Nigeria announces the appointment of CEO designate to replace Ferdi Moolman  

The Management of MTN Nigeria Communications Plc has announced the appointment of Mr Karl Toriola as the CEO designate. 

This information is contained in a note sent to the floor of the Nigerian Stock Exchange on 26th October 2020 and signed by MTN Nigeria Plc Secretary, Uto Ukpanah. 

READ: Africa’s largest telecoms firm, MTN, to divest from its Middle East operations

The note partly reads: 

MTN Nigeria is pleased to inform The Nigerian Stock Exchange (The Exchange), the investing public and other stakeholders, of the appointment of Mr. Karl Toriola as the CEO designate. His appointment is effective 19 March 2021, providing enough time for an orderly handover.

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(READ MORE: MTN launches e-sim, a virtual sim card for more security and quality service)

Since joining the Group in 2006, Mr. Toriola has also held a number of senior operational roles including Chief Technical Officer of MTN Nigeria, CEO Of MTN Cameroon and MTN Group Operations Executive.

Mr. Toriola has at various times in his career in MTN Group, had oversight responsibility of 16 of the Group’s subsidiaries and served on various MTN boards, including MTN Nigeria.

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(READ MORE: MTN Nigeria begins N100 billion commercial paper issuance today)

What they are saying

Speaking on the appointment, Dr Ernest Ndukwe OFR, Chairman of MTN Nigeria said, “After a thorough and rigorous selection process, we are delighted to welcome Karl back to MTN Nigeria. Karl Toriola is recognized throughout the industry as a highly experienced and well-regarded business leader.

“With his rich credentials, I am personally pleased that Mr. Karl Toriola is well-suited to lead MTN Nigeria’s Executive Management team through the next stages of growth in the years ahead.” 

(READ MORE:MTN Nigeria, Zenith Bank post gains, as investors gain N54.42 billion)

What to expect

Mr. Karl Toriola’s appointment as CEO of MTN Communications Nigeria Plc is effective from 19 March 2021, providing enough time for an orderly handover by Mr. Ferdinand Moolman.

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READ: NB Plc to raise additional N20 billion from its N100 billion Commercial Paper

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The current CEO of MTN Nigeria, Mr. Ferdinand Moolman, will exit this role with effect from 19 March 2021 and assume a new role as MTN Group Chief Risk Officer. He will remain on the Board of MTN Nigeria in his new role as the MTN Group Chief Risk Officer.

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Appointments

TCN MD, Sule Abdulaziz appointed Chairman of West Africa Power Pool

The acting Managing Director of TCN, Sule Abdulaziz, has been appointed the new Chairman of WAPP.

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TCN MD Abdulaziz, four other directors receive appointment letters

The acting Managing Director of Transmission Company of Nigeria (TCN), Sule Abdulaziz, has been appointed the new Chairman of the Executive Board of West African Power Pool (WAPP). Abdulaziz was nominated by the former Managing Director of Power Holding Company of Nigeria (PHCN), Joe Makoju, who is an honorary member of WAPP.

READ: NNPC signs gas development and commercialization deal with SEEPCO

This disclosure was made by TCN’s General Manager, Public Affairs, Mrs Ndidi Mbah, through a public statement in Abuja on Thursday, October 22, 2020.

In her statement, Mbah revealed that the West African Power Pool was created by Decision A/DEC.5/12/99 of the 22nd Summit of the ECOWAS Authority of Heads of State and Government, and adopted during the 29th Summit of the ECOWAS Authority of Heads of State and Government held in Niamey, Niger.

READ: Indian firm, Ramco signs partnership deal with Nigerian airline

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The appointment was made during the 46th meeting of the WAPP Executive Board which was chaired by the Secretary-General of ECOWAS, Ki Sengui, and held through video conference on October 21.

The statement from Mba partly reads, “While making the nomination, Makoju noted that Abdulaziz is an expert in engineering with vast experience in the electricity sector and therefore will perform creditably as the new WAPP Executive Board Chairman.

READ: Continental Reinsurance Plc acquires 100% ownership of its Botswana subsidiary

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“His proposal was endorsed by MDs and Director Generals and other members of the board,” she said.

According to the statement, Abdulaziz in his acceptance speech thanked the board members and the honourary members for his nomination as the Chairman of the board and assured them of his total commitment to the overall objective of the regional electricity body.

READ: A bitter family feud has continued to hamper this company’s growth

He also expressed the need to move the pool to the next level of operational efficiency and solicited the support of member utilities, especially members of the executive board in this regard.

Explore Data on the Nairametrics Research Website 

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He urged members to ensure prompt payment of their contributions to the pool and also continue to collaborate actively with the secretariat to ensure effective and efficient coordination and implementation of all WAPP programmes.

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