Home Banking Ex-GTB director named Jaiz Bank MD

Ex-GTB director named Jaiz Bank MD

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A former Executive Director of Guaranty Trust Bank, Haruna Musa, has been appointed the Managing Director/Chief Executive Officer of Jaiz Bank Plc.

His appointment was announced in a corporate notice filed with the Nigerian Exchange Limited.

According to the notice, Musa’s appointment takes effect following the receipt of the approval of the Central Bank of Nigeria on Tuesday.

Musa, a seasoned banker, has cognate experience in the banking industry spanning over 27 years.

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 from March 2001– October 2023.

It was revealed that Musa is an alumnus of Ahmadu Bello University, Zaria, Bayero University, Kano, and Cranfield University, United Kingdom. He is currently at the final stage of a Ph.D. programme in Islamic Banking and Finance at the Universiti Utara in Malaysia.

At the Cranfield University, Haruna obtained an MSc. in Finance and Management (2008 – 2009). He acquired a Master’s Degree in Business Administration 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).

In October 2015, Haruna assumed the role of Executive Director and Head, Northeast & Public Sector, Abuja Divisions on the Board of GT Bank.

He was also appointed as a Non- 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 turnaround of the Bank from a loss position to consistent profitability.

Musa is also an honorary member of the Chartered Institute of Bankers of Nigeria.

 The bank expressed optimism about its prospects under Musa’s leadership saying, “We look forward to his dynamic leadership in driving Jaiz Bank to new heights.”

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