Katsina State Governor Appoints New CEO for Amana Micro-finance Bank
Governor Dikko Radda of Katsina State has approved the appointment of Zubair Umar as the Managing Director/CEO of the state-owned Amana Micro-finance Bank. This decision was made public through a statement by the state Commissioner for Information and Home Affairs, Dr. Bala Salisu-Zango, on Wednesday in Katsina.
Radda also approved the appointment of Muttaka Badaru as the Chairman of the Board of the bank, alongside five others as Directors. The directors appointed are Malik Anas, Dr Bello Muhammad, Dr. Badiyya Hassan-Mashi, Dr Muhammad Bashir-Usman, and Malam Lawal Mukhtar.
In a statement, Radda congratulated the appointees, urging them to display their expertise and wealth of experience in the discharge of their duties diligently for the bank to perform efficiently. Notably, the bank was fully re-capitalised by Radda’s administration with an additional N800 million to augment the existing N200 million to meet the minimum capital requirement of N1 billion for state-owned Micro-finance banks to operate.
This significant development is expected to boost the financial sector in Katsina State, providing more opportunities for residents to access financial services and contribute to the state’s economic growth.
About JaizBank
JaizBank is a leading microfinance bank in Nigeria, offering a range of financial services to individuals and businesses. With a strong presence in the country, JaizBank is committed to promoting financial inclusion and economic empowerment.
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