Economy

Aminu Dantata Appointed Non-Executive Director at Jaiz Bank

Jaiz Bank Plc, a prominent financial institution in Nigeria, has announced the appointment of Tajudeen Aminu Dantata as its new non-executive director, effective August 21, 2024.

In an official statement, the bank confirmed that the Central Bank of Nigeria (CBN) has approved Dantata’s appointment. The bank expressed confidence that his extensive experience across various sectors would significantly enhance the board’s capabilities.

“Tajudeen Aminu Dantata has been appointed as a non-executive director of Jaiz Bank, following the approval by the Central Bank of Nigeria,” the statement read.

Dantata brings a wealth of experience to the role, having held directorial positions at several companies, including Dantata Investments and Securities Limited, Express Petroleum and Gas Limited, and Dantata Property Development & Management Co. Limited. Additionally, he has served as a director at Electricity Meter Company of Nigeria, Nigeria Sugar Products Limited, Namco Nigeria Limited, Mentholatum Nigeria Limited, and Bebeji Oil & Allied Products Limited.

“He has participated in diverse training programs, both locally and internationally, further enriching his expertise. The Bank is confident that Alhaji Tajudeen will add significant value to the Board,” the statement added.

Dantata will join nine other directors on the board, becoming the fifth non-executive director in Jaiz Bank’s current leadership team.

Jaiz Bank Plc operates under Islamic banking principles, making it Nigeria’s first non-interest bank. The institution, headquartered in Abuja, has been a key player in the country’s financial sector since its establishment, with its growth trajectory continuing since December 2012.