Northern Nigerian Breaking News

Jaiz bank appoints new board chairman

Jaiz Bank Plc has announced the appointment of Mohammed Mustapha Bintube as its new chairman of the Board of Directors.

SOLACEBASE reports that the bank is Nigeria’s pioneer non-interest commercial deposit money bank

A statement from the bank, on Monday said Bintube’s appointment followed the approval of the Central Bank of Nigeria (CBN), after his recommendation to the apex bank.

The statement said he replaces Umaru Abdul Mutallab, who was the bank’s chairman for about a decade.

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Prior to his appointment to the new role, Bintube was a shareholder and pioneer managing director and chief executive officer of Jaiz Bank Plc from 2011 to 2013, ‘’the statement said.

Bintube is currently the chairman, Buraq Capital Limited from 2014 till date. He is also the chairman, board of directors of Emerging Africa Trustees Limited, a position he has held from 2022 till date.

He is also the chairman, board of directors of Neelds Realty and chairman, Qalam Travels and Tours from 2021 till date.

The new board chairman was appointed into the position of chairman, board credit & governance committee of the Bank of Industry from 2017 to 2022; chairman, board licensing & regulatory committee of the Nigeria Communications Commission from 2010 to 2015.

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He was the chairman, board finance & general purpose committee of the Nigerian-Reinsurance Corporation from 1991 to 1993.

Bintube’s over three decades of banking career commenced as principal manager, Commercial Bank Credit Lyonnaise from 1989 to 1995; assistant general manager, Commercial Bank Credit lyonnaise from 1995 to 1997; deputy general manager, FSB International Bank from 1997 to 1999; general manager, FSB International Bank from 1999 to 2001.

His career snowballed in the banking industry when he was promoted to the rank of Executive Director at the FSB International Bank and served in that capacity from 2001 to 2004.

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As consummate banker, Bintube obtained a Bachelor of Science in business administration from the Ahmadu Bello University, Zaria in 1981 and advance diploma in banking and finance from Fin-Africa- Milan, Italy in1989.

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