28 C
Lagos
Wednesday, April 1, 2020

Islamic Development Bank strengthens Jaiz Bank board presence

Must read

Union Banks appoints new executive directors

Union Bank Plc (UBN:NG) on the 20th of March 2020, announced the resignation of executive directors Mr. Nath Ude and Mr. Kandolo...

Coronavirus: FG Orders Closure of Nigerian Schools

The Federal Government has ordered the closure of all the 104 Unity Schools in the country from...

Coronavirus: National Sports Festival postponed

Presidency decides to postpone the 2020 National Sports Festival in Edo State due to Coronavirus concerns.

Islamic Development Bank strengthens Jaiz Bank board presence

Jaiz Bank Plc appoints representatives of the Islamic Development Bank and Alhaji Muhammadu Indimi to its board.

Jeddah-based Islamic Development Bank has strengthened its presence on the board of Nigeria’s leading Islamic bank Jaiz Bank Plc (JAIZBANK:NG) with the appointment of a representative director of the IsDB to the Jaiz board. The representative – Seedy Mohammed Njie is a Gambian national, accountant as well as risk management specialist who has been with IsDB for over a decade. The Islamic Development Bank is an Islamic finance institution owned by 57 countries with significant Muslim populations and owns a significant stake in the Nigerian Islamic finance institution.

The announcement was made Jaiz Bank Plc on the 16th of March 2020. The bank in the same vein announced the appointment of a Alhaji Mamun Ibrahim Maude, as a director on the board of the bank. Maude is an associate of Alhaji Muhammadu Indimi, the Borno businessman who is the Chairman of Oriental Energy Resources. Indimi is a founding shareholder of Jaiz Bank Plc.

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article

Union Banks appoints new executive directors

Union Bank Plc (UBN:NG) on the 20th of March 2020, announced the resignation of executive directors Mr. Nath Ude and Mr. Kandolo...

Coronavirus: FG Orders Closure of Nigerian Schools

The Federal Government has ordered the closure of all the 104 Unity Schools in the country from...

Coronavirus: National Sports Festival postponed

Presidency decides to postpone the 2020 National Sports Festival in Edo State due to Coronavirus concerns.

Islamic Development Bank strengthens Jaiz Bank board presence

Jaiz Bank Plc appoints representatives of the Islamic Development Bank and Alhaji Muhammadu Indimi to its board.

Zenith Bank denies rumours of Union Bank acquisition

Both Zenith Bank and Union Bank officials on Tuesday the 17th of March 2020 denied any binding offer in respect of a potential acquisition.