Non-interest financial institution, Jaiz Bank Plc, has appointed Omolara Muinat Ismail as an Executive Director.
The bank disclosed the appointment in a corporate filing submitted to the Nigerian Exchange Group (NGX) on Monday.
According to the filing, the appointment received the required regulatory approval from the Central Bank of Nigeria(CBN).
The bank is working to strengthen its leadership team and support expansion within Nigeria’s growing non-interest banking sector.
Ismail brings more than 25 years of experience in Nigeria’s banking industry. Prior to joining the board, she held several senior management roles across the sector, building expertise in corporate finance, treasury management and retail banking operations.
The board said her extensive knowledge of banking operations and risk management will add significant value to the institution as it continues to scale its services.
Her professional career has largely focused on operational efficiency, financial strategy and risk oversight, key pillars for institutions operating under the non-interest banking model.
In the official announcement, the board stated:
“The Board of Directors of Jaiz Bank Plc is pleased to announce the appointment of Omolara Muinat Ismail as an Executive Director of the Bank.”
The statement added that the appointment followed the receipt of the necessary regulatory approval from the Central Bank of Nigeria.
“Ismail brings over two and a half decades of experience across critical areas of banking and financial services. Her track record in strategic planning and execution will support the bank’s long-term growth and sustainability objectives.”
The leadership addition comes as Jaiz Bank enhances its focus on strengthening its presence in Nigeria’s financial services industry.
A strong executive team could help the bank accelerate product development, improve service delivery and expand its reach within the ethical banking segment.
The appointment also reflects a broader push across Nigeria’s financial sector to promote experienced female professionals into top leadership roles.
Jaiz Bank said the appointment aligns with its commitment to strong corporate governance and long-term value creation for shareholders.
As a pioneer in Sharia-compliant banking in Nigeria, the institution continues to position itself as a key player in the country’s alternative finance ecosystem.
With regulatory approval secured, Ismail is expected to assume her new responsibilities immediately as the bank pursues its growth strategy and operational expansion.
