The Digest:
Jaiz Bank Plc, Nigeria's pioneer non-interest bank, has significantly strengthened its leadership by appointing Ahmed Mohammed Indimi and Nike Kolawole as non-executive directors to its Board. These strategic additions, approved by the Central Bank of Nigeria (CBN), aim to inject diverse industry expertise and robust ethical credentials into the bank's Ethical Finance Leadership and governance structure.
Key Points:
- Ahmed Mohammed Indimi, joining effective April 14, 2025, brings extensive experience from Nigeria's energy sector. He serves as Director and Head of Crude Marketing at Oriental Energy Resources, overseeing commercial operations, pricing negotiations, and strategic stakeholder engagement.
- Indimi holds degrees in Information Technology and an MBA from American InterContinental University, Atlanta, and his appointment is expected to deepen the bank's industry representation and reinforce its mission of ethical banking aligned with national development goals.
- Nike Kolawole, appointed an Independent Non-Executive Director effective June 11, 2025, is a seasoned finance executive with a background in global investment banking and the oil and gas industry.
- Her impressive career includes senior roles at Merrill Lynch, Goldman Sachs, Citibank, and Credit Suisse, where she managed asset management, credit risk, and Eurobond issuances. She also served as Group General Manager, LNG Investment Management Services at NNPC.
- Kolawole holds degrees in Economics and an MBA from Suffolk and Durham Universities, respectively, and is a registered member of the UK’s Financial Conduct Authority (FCA). Her appointment is set to attract "top-tier talent with global perspective and deep expertise" to the bank.
- According to Mohammed Shehu, Jaiz Bank's company secretary, these appointments signal the bank's strategic intent to diversify its board with professionals capable of driving innovation, corporate governance, and growth in Nigeria’s non-interest banking sector.
Sources, Premium Times , Jaiz Bank Plc
