Jaiz Bank Plc Announces Appointment of Omolara Muinat Ismail as Executive Director

Jaiz Bank Plc has announced the appointment of Omolara Muinat Ismail as Executive Director of the bank, effective February 28, 2026, following approval from the Central Bank of Nigeria.

The announcement was made in a statement issued in compliance with the regulations of the Nigerian Exchange Limited (NGX) Rulebook, which requires publicly listed companies to disclose significant corporate developments to the exchange and the investing public.

According to the statement, Ismail brings more than twenty-five years of extensive banking experience spanning retail, commercial, and corporate banking. Her appointment is expected to further strengthen the leadership and strategic direction of the bank as it continues to expand its footprint in Nigeria’s non-interest banking sector.

Before joining Jaiz Bank’s board, Ismail held several senior management and board-level positions within the banking industry. Notably, she previously served at Guaranty Trust Bank Plc, where she held strategic leadership roles. During her tenure, she also served as a Non-Executive Director and Chairman of the Board Credit Committee of the bank’s subsidiary in The Gambia, where she played a key role in strengthening credit governance and oversight.

Industry observers note that her experience across different segments of banking positions her well to contribute to Jaiz Bank’s growth strategy, particularly in areas such as corporate financing, retail banking expansion, and operational governance.

Ismail is a Chartered Banker and a Fellow of the Chartered Institute of Bankers of Nigeria as well as the National Institute of Credit Administration. She holds a Master of Business Administration (MBA) jointly from University of Ilorin in Nigeria and Bangor University in the United Kingdom. Over the course of her career, she has also completed several executive education programmes at leading international institutions, further strengthening her expertise in banking leadership and financial management.

Prior to her elevation to the board, Ismail served as General Manager, Business Development, and Head of the Lagos and South Directorate at Jaiz Bank. In that capacity, she oversaw strategic business growth across the region, including regional expansion initiatives, the rollout of innovative financial products, and the advancement of digital banking services aimed at improving customer access and operational efficiency.

Her appointment is seen as part of the bank’s broader effort to strengthen its executive leadership team and accelerate innovation within the institution’s non-interest banking model.

Jaiz Bank reiterated its commitment to maintaining strong corporate governance and delivering sustainable value to its stakeholders while expanding financial inclusion across Nigeria.

The bank concluded by reaffirming that the appointment had received all necessary regulatory approvals and thanked stakeholders for their continued support.