Jaiz Bank appoints Ahmed Indimi, Nike Kolawole to board

Jaiz Bank Plc has announced the appointment of Ahmed Mohammed Indimi and Nike Kolawole as non-executive directors on its Board, effective April 14 and June 11, 2025, respectively. The appointments have been approved by the Central Bank of Nigeria (CBN).

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In a corporate disclosure filed with the Nigerian Exchange Limited (NGX), the bank described the appointments as part of its ongoing strategy to strengthen board leadership with individuals of proven industry expertise and ethical credentials.

Energy Executive Ahmed Mohammed Indimi Joins as Non-Executive Director

Ahmed Mohammed Indimi brings extensive experience from Nigeria’s energy sector to Jaiz Bank. He serves as Director and Head of Crude Marketing at Oriental Energy Resources, leading commercial operations, pricing negotiations, and strategic stakeholder engagement.

A graduate of Information Technology (Internet Security) from American InterContinental University, Atlanta, where he also earned an MBA, Mr Indimi is known for combining technical depth with commercial insight.

Jaiz Bank says his addition to the Board will support its ambition to deepen industry representation and reinforce its mission of ethical banking aligned with national development goals.

“Ahmed Indimi’s appointment reflects the Bank’s strategy of attracting visionary leaders committed to the growth of ethical finance and inclusive development,” the statement noted.

Nike Kolawole Appointed Independent Non-Executive Director

Nike Kolawole, a seasoned finance executive with a background in global investment banking and the oil and gas industry, is also joining the board. Her career includes roles at Merrill Lynch, Goldman Sachs, Citibank, and Credit Suisse, where she served as Vice President, overseeing asset management, credit risk, and Eurobond issuances.

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Ms Kolawole transitioned to the Nigerian National Petroleum Corporation (NNPC) in 2007. She became Group General Manager, LNG Investment Management Services, leading high-impact transactions, including the landmark 2012 RDP Funding deal.

She holds a degree in Economics from Suffolk University, Boston, and an MBA from Durham University Business School, UK. She is a registered member of the UK’s Financial Conduct Authority (FCA).

According to Jaiz Bank, her appointment underscores its commitment to attracting “top-tier talent with global perspective and deep expertise in project finance, infrastructure development, and capital markets.”

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The statement by Mohammed Shehu, company secretary/legal adviser, said both appointments signal Jaiz Bank’s strategic intent to diversify its board with professionals who can support innovation, corporate governance, and growth in Nigeria’s non-interest banking sector.

Jaiz Bank Plc is Nigeria’s pioneer and leading non-interest bank. It is committed to advancing ethical banking in accordance with Islamic finance principles.