The employment of Mallam Ahmed Hassan has been announced by Nigerian Financial Institution Jaiz Bank as the bank’s acting MD/CEO.
This is in response to Dr. Siraju Salisu’s resignation as CEO of the former bank, which was accepted by the Board at its meeting on August 14.
This information was made public by the bank in a statement to the general public and regulators on the NGX. According to the bank, the new MD/CEO previously held the roles of director of operations and chief financial officer for the company.
The bank also noted it is engaging in a strategic restructuring of its Board and management following the resignation of four Non-Executive Directors of the bank. It stated that the latest action of the bank is in response to two recent circulars from the bank. The first led to the resignation of two NEDs while the other led to the resignation of two more NEDs.
The statement reads:
“The first circular led to the resignation of 2 Non-Executive Directors (NEDs) in the persons of Alh. (Dr.) Umaru Abdul Mutallab (Chairman of the Board of Directors) and Mall. Falalu Bello from the board and the subsequent appointment of a new Chairman for the Board.”
“The latest circular has also led to the resignation of two more NEDs in the persons of Alh. Ibrahim Mamun Maude and HRH Ibrahim Bello Sani bringing the total of Board members down to fourteen 14”
The bank noted its recent move is geared towards serving its client better.
