Jaiz Bank Strengthens Board with Indimi, Kolawole to Drive Ethical Banking Growth

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Ahmed Indimi and Nike Kolawole

In a strategic move to strengthen its leadership and corporate governance, Nigeria’s pioneer non-interest financial institution, Jaiz Bank Plc, has announced the appointment of two distinguished professionals, Ahmed Mohammed Indimi and Nike Kolawole, to its Board of Directors.

According to a statement released by the Bank in Abuja, Indimi joins the Board as a Non-Executive Director, while Kolawole assumes the role of Independent Non-Executive Director. Both appointments have been approved by the Central Bank of Nigeria (CBN), underscoring the Bank’s commitment to enhancing its governance structure and expanding its capacity for ethical, inclusive, and strategic financial solutions.

Energy Sector Leader, Indimi, Joins the Board

Ahmed Indimi is a renowned entrepreneur and oil industry executive, currently serving as Director and Head of Crude Marketing at Oriental Energy Resources. In this role, he oversees the company’s commercial operations, including crude oil sales strategies, pricing negotiations, and client relationship management.

Indimi holds a Bachelor’s degree in Information Technology (Internet Security) and an MBA from the American InterContinental University, Atlanta. His leadership is marked by a strong blend of technical proficiency and commercial insight, qualities Jaiz Bank says will deepen its strategic engagement with critical sectors of the Nigerian economy.

“Ahmed Indimi brings to the Board deep sectoral knowledge, investment foresight, and a passion for ethical leadership—qualities that align with our vision for non-interest banking in Nigeria,” said Mohammed Mustapha Bintube, Chairman of Jaiz Bank.

Kolawole Brings Global Finance and Public Sector Experience

Also joining the Board is Nike Kolawole, a seasoned finance executive with extensive international experience. She has held senior roles at top-tier global financial institutions such as Merrill Lynch, Citibank, Goldman Sachs, and Credit Suisse, where she specialized in asset management, credit risk, and capital markets, including Eurobond issuances across global markets.

Kolawole later transitioned to the public sector, joining the Nigerian National Petroleum Corporation (NNPC) in 2007. She rose through the ranks to become Group General Manager, LNG Investment Management Services, where she led financing initiatives for major LNG projects. Her contributions included the landmark 2012 RDP Funding deal, which earned international recognition.

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

Welcoming her appointment, Bintube said, “Nike Kolawole’s vast experience in international finance, infrastructure funding, and stakeholder engagement brings a unique and strategic perspective to our Board as we drive the growth of ethical finance in Nigeria and beyond.”

Strengthening Governance for Sustainable Growth

Jaiz Bank noted that the appointments of Indimi and Kolawole align with its broader mission to lead the growth of ethical banking in Nigeria. The Bank said their combined expertise in energy, finance, and infrastructure development would support its long-term vision of providing value-driven, non-interest financial services that contribute meaningfully to Nigeria’s economic progress.

“These appointments reaffirm our resolve to attract leaders who are passionate about advancing ethical financial innovation and inclusive growth,” the statement added.

The Bank reiterated that the new Board members would play critical roles in shaping its next phase of growth, in line with regulatory guidelines and best practices in corporate governance.

@The Ameh News: All Rights Reserved.


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