Jaiz Bank Plc has appointed Haruna Musa, as substantive managing director.
A regulatory filing at the Nigerian Exchange (NGX), said the appointment has been approved by relevant authorities including the Central Bank of Nigeria (CBN).
Musa, whose appointment took effect on November 21, 2023, succeeded Ahmed Hassan, who will proceed on retirement at the end of this year.
A former executive director at Guaranty Trust Bank (GTB), Musa possesses nearly three decades of experience in banking operations. He spent 22 years of his 28-year career in GTB, retiring in October 2023, after serving two terms of eight years as an executive director.
Musa joined Guaranty Trust Holding Company (GTCO) in March 2001 and retired in October 2023. He assumed the role of Executive Director and head, Northeast & Public Sector, Abuja Divisions, at GTB in October 2015.
His experience cut across retail banking, small and medium enterprises (SMEs) banking, corporate banking, commercial banking, business banking and the public sector.
Musa started his banking career as a banking officer at the United Bank for Africa (UBA), in June 1997. He also served as a Senior Banking Officer at FSB International Bank between 1998 and 2001. He had worked as Agricultural Officer II at the Federal Ministry of Agriculture, Abuja, between January 1993 and June 1997.
Beyond his roles in Nigeria, Musa also served as a non-executive director at GT Bank (Cote D’Ivoire) Ltd and was the chairman of the board audit committee between March 2015 and October 2023, where he was credited with significant contributions to the turnaround of the bank from a loss position to consistent profitability.
An alumnus of Ahmadu Bello University, Zaria, Bayero University, Kano and Cranfield University, United Kingdom, Musa is currently in the final stage of a PhD programme in Islamic Banking and Finance at the Universiti Utara in Malaysia.
He holds an MSc in Finance and Management from Cranfield University; an MBA from Bayero University, Kano and a Bachelor of Agriculture from Ahmadu Bello University.
Musa has also undertaken several executive-level courses including the Advanced Management Programme from Wharton Business School, University of Pennsylvania, USA, (2023); Making Corporate Boards More Effective – Harvard Business School, Harvard University, USA (2015); Positive Leadership Programme – Michigan Ross Executive Education, USA (2014) and General Management Programme – Cranfield University, UK (2012).
