Jaiz Bank Plc, Nigeria’s pioneer non-interest financial institution, has announced the appointments of Ahmed Mohammed Indimi and Nike Kolawole to its Board of Directors, as part of efforts to bolster its leadership with seasoned professionals known for ethical and strategic competence.
In a statement issued in Abuja, the Bank confirmed Ahmed Indimi’s appointment as a Non-Executive Director and Nike Kolawole’s as an Independent Non-Executive Director. The appointments, the Bank said, align with its commitment to strengthening corporate governance and enhancing expertise in ethical finance.
Indimi, a prominent entrepreneur and energy sector executive, currently serves as Director and Head of Crude Marketing at Oriental Energy Resources. In this role, he oversees commercial operations, crude sales strategies, pricing negotiations, and stakeholder engagement. He holds a bachelor’s degree in Information Technology (Internet Security) and an MBA from the American InterContinental University, Atlanta.
The Bank described Indimi’s inclusion on the Board as a strategic move to deepen its industry insights and expand its commitment to ethical banking in alignment with Nigeria’s development goals.
Also joining the Board is Kolawole, whose appointment has received approval from the Central Bank of Nigeria (CBN). She brings decades of experience in global finance, having held senior roles at Merrill Lynch, Citibank, Goldman Sachs, and Credit Suisse. At these institutions, she managed asset portfolios, credit risk, and Eurobond issuances.
Kolawole later joined the Nigerian National Petroleum Corporation (NNPC) in 2007, where she rose to the position of Group General Manager, LNG Investment Management Services. During her tenure, she led major project financing initiatives, including the award-winning 2012 RDP Funding deal that repositioned Nigeria within the global LNG market.
She holds a bachelor’s degree in Economics from Suffolk University, Boston, and an MBA from Durham University Business School, UK. She is also a registered member of the UK’s Financial Conduct Authority (FCA).
According to the Bank, Kolawole’s appointment adds significant value through her expertise in investment banking, project and infrastructure finance, and stakeholder engagement at global levels.
Chairman of the Board, Mohammed Mustapha Bintube, expressed optimism about the appointments, stating: “We are delighted to welcome Ahmed Indimi to the Board of Jaiz Bank. His commercial acumen, sectoral experience, and long-term vision for governance will be a tremendous asset as we pursue leadership in non-interest and value-based banking.”
He added, “We are equally honoured to welcome Nike Kolawole. Her impressive track record, integrity, and deep strategic insight will greatly support our mission to deliver ethical and inclusive financial services.”
The appointments, which comply with regulatory standards, reflect Jaiz Bank’s vision of attracting top-tier talent capable of driving innovation, financial inclusion, and corporate excellence in Nigeria’s evolving banking sector.