Nigeria: Jaiz Bank names Haruna Musa as Managing Director

Jaiz Bank Plc’s Board has endorsed the appointment of Haruna Musa as the Managing Director/Chief Executive Officer of the bank.

Haruna’s appointment officially commences following the approval of the Central Bank of Nigeria.

Musa brings over 27 years of banking industry experience to his new role. He is an alumnus of Ahmadu Bello University, Zaria, Bayero University, Kano, and Cranfield University, United Kingdom. Additionally, he is in the final stages of a Ph.D. program in Islamic Banking and Finance at University Utara in Malaysia.

At Cranfield University, Haruna earned an MSc. in Finance and Management (2008 – 2009). His educational journey includes 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).

Until he was appointed the substantive MD/CEO of Jaiz Bank, Musa served as the 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, Musa assumed the role of executive director and head of Northeast and public sector, Abuja Divisions on the board of GT Bank, a testament to his professionalism leadership traits and competence.

He served as a non-executive director at GT Bank (Cote D’Ivoire Ltd) and chaired the board audit committee from March 2015 to October 2023. During this period, his contributions played a pivotal role in the bank’s transformation from a loss position to achieving consistent profitability.

The new MD/CEO of Jaiz Bank has garnered commendation letters for selflessness and meritorious service from previous employers. Additionally, he holds an honorary membership with the Chartered Institute of Bankers of Nigeria (CIBN).