Jaiz Bank Plc, Nigeria’s premier non-interest financial institution, has officially announced the appointment of Omolara Muinat Ismail as Executive Director in charge of Business Development.
This strategic move, which has received the formal confirmation of the Central Bank of Nigeria, is designed to strengthen the bank’s leadership capacity as it seeks to accelerate growth within the retail and SME sectors. By elevating a seasoned professional to this high-ranking role, the bank aims to deepen its market penetration and broaden its non-interest banking footprint throughout the country.
The newly appointed Executive Director brings over 25 years of diverse experience across retail, commercial, and corporate banking to the board.
Prior to this promotion, Ms. Ismail served as the General Manager for Business Development and headed the Lagos and South Directorate at Jaiz Bank.
In that capacity, she was instrumental in overseeing regional expansion efforts, driving product innovation, and spearheading various digital banking initiatives that have modernised the bank’s service delivery.
Her professional background includes significant senior management and board-level roles, most notably during her tenure at Guaranty Trust Bank Plc. Her international experience is highlighted by her service as a Non-Executive Director and Chairman of the Board Credit Committee for the bank’s subsidiary in The Gambia. These previous roles provided her with a robust foundation in credit administration and strategic oversight, which the bank expects will translate into enhanced digital adoption and stronger strategic partnerships in her new position.
Ms. Ismail is a highly qualified professional with a strong academic and vocational record, holding an MBA from both the University of Ilorin and Bangor University in the United Kingdom.
She is also a Chartered Banker and a Fellow of both the Chartered Institute of Bankers of Nigeria and the National Institute of Credit Administration. Furthermore, she has completed several executive programmes at prestigious international institutions, ensuring she is well-equipped to guide Jaiz Bank’s ethically driven and retail-focused growth agenda.
The Bank expressed confidence that this appointment will reinforce its positioning as a leader in the non-interest banking sector. By leveraging her extensive expertise in business development, Jaiz Bank intends to foster a more resilient financial environment while providing innovative solutions for its growing customer base.