The Board of Directors of Jaiz Bank PLC has following the resignation of the Managing Director, Muhammed Mustapha Bintube after almost 10 years of meritorious service, announced the appointment of the General Manager in charge of the Bank’s Business Development Group, Hassan Usman as the Acting Managing Director.
Hassan is a trained Chartered Accountant and a seasoned Banker. He graduated with a first class Degree in Accounting in 1985 from Ahmadu Bello University, Zaria, Nigeria and became an Associate Member of the Institute of Chartered Accountants of Nigeria (ICAN) in 1989. He obtained his Post Graduate Diploma in Management in 1995 from Maastricht School of Management. He also attended the Oxford University Executive Management Programme in 2002. His work experience include, Financial Controller of Nigerian Development Company Limited, Kaduna, Financial Controller and Treasurer at NAL Merchant Bank PLC between 1996-2001., General Manager, Banking Services, Inland Bank, Deputy General Manager and Head Business and Financial Advisory Group, NAL Merchant Bank. He is a Fellow of the Institute.
According to the statement issued by the Bank, Bintube’s decision to leave at this time was personal, especially having achieved the mandate given to him by the Bank’s Board of Directors. It stressed that the credit behind the success of Ja’iz under this short period goes to this distinguished and a quintessential banker with several years of experience. The statement further reiterated the Bank’s commitment to its underlining principles of high Ethics, transparency, fairness and the socio-economic development of the Nigerian people.
Jaiz got its regional banking licence from the Central Bank of Nigeria (CBN) on 11th November, 2011 and commenced operations on the 6th of January, 2012. It has branch locations in Abuja, Kano, Kaduna, Maiduguri and Gombe with additional branches opening soon in Katsina and Kano.