Jaiz Bank appoints Haruna Musa as MD/CEO

The Board of Jaiz Bank Plc has approved the appointment of a seasoned banker, Haruna Musa, as the Managing Director/ Chief Executive Officer of the Bank.

Haruna’s appointment takes effect following the receipt of the approval of the Central Bank of Nigeria (CBN) on November 21, 2023. 

In a statement, the bank said the new MD/CEO’s cognate experience in the banking industry spans over 27 years. He is an alumnus of Ahmadu Bello University, Zaria, Bayero University, Kano, and Cranfield University, United Kingdom. He is currently in the final stage of a PhD programme in Islamic Banking and Finance at the Universiti Utara in Malaysia.

“At Cranfield University, Haruna obtained an MSc. in Finance and Management (2008 – 2009). He acquired a Master’s Degree in Business Administration (MBA) from Bayero University, Kano (1997 – 1998) and a Post Graduate Diploma in Management from the same University (1994 – 1995). He holds a Bachelor of Agriculture from Ahmadu Bello University, Zaria, (1987 – 1991)”, the statement said.

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The statement said until his appointment as the substantive MD/CEO of Jaiz Bank Plc, Haruna served as Executive Director with GT Bank for eight years; and garnered 22 years out of his 27 years of wealth of banking experience working for Guaranty Trust Bank (GT Bank) from March 2001- October 2023.

“In October 2015, Haruna assumed the role of Executive Director & Head, Northeast & Public Sector, Abuja Divisions on the Board of GT Bank, a testament to his professionalism, exemplary leadership traits, and competence. 

“He was also appointed as a Non-Executive Director with GT Bank (Cote D’Ivoire Ltd) and Chairman of the Board Audit Committee from March 2015 to October 2023, where he contributed to the turn-around of the Bank from a loss position to consistent profitability.

“Haruna undertook extensive executive-level courses including Advanced Management Program from Wharton Business School, University of Pennsylvania, USA (2023); Making Corporate Boards More Effective – Harvard Business School, Harvard University, USA (2015); Positive Leadership Program – Michigan Ross Executive Education, USA (2014); General Management Program – Cranfield University, UK (2012).”

It listed Jaiz Bank’s new MD/CEO’s robust achievements including several commendation letters for selflessness and meritorious service from his previous employers. He is also an honorary member of the Chartered Institute of Bankers of Nigeria (CIBN).